{"id":341,"date":"2023-11-28T17:09:27","date_gmt":"2023-11-28T10:09:27","guid":{"rendered":"https:\/\/plizz.co\/?page_id=341"},"modified":"2026-02-26T06:50:06","modified_gmt":"2026-02-25T23:50:06","slug":"limited-partnership","status":"publish","type":"page","link":"https:\/\/plizz.co\/th\/types-of-company\/limited-partnership\/","title":{"rendered":"\u0e2b\u0e49\u0e32\u0e07\u0e2b\u0e38\u0e49\u0e19\u0e2a\u0e48\u0e27\u0e19\u0e08\u0e33\u0e01\u0e31\u0e14"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"341\" class=\"elementor elementor-341\" data-elementor-post-type=\"page\">\n\t\t\t\t<div data-dce-background-image-url=\"https:\/\/plizz.co\/wp-content\/uploads\/2023\/11\/bg01.19d60d8.webp\" class=\"elementor-element elementor-element-43993f28 e-flex e-con-boxed e-con e-parent\" data-id=\"43993f28\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;mountains&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" opacity=\"0.33\" d=\"M473,67.3c-203.9,88.3-263.1-34-320.3,0C66,119.1,0,59.7,0,59.7V0h1000v59.7 c0,0-62.1,26.1-94.9,29.3c-32.8,3.3-62.8-12.3-75.8-22.1C806,49.6,745.3,8.7,694.9,4.7S492.4,59,473,67.3z\"\/>\n\t<path class=\"elementor-shape-fill\" opacity=\"0.66\" d=\"M734,67.3c-45.5,0-77.2-23.2-129.1-39.1c-28.6-8.7-150.3-10.1-254,39.1 s-91.7-34.4-149.2,0C115.7,118.3,0,39.8,0,39.8V0h1000v36.5c0,0-28.2-18.5-92.1-18.5C810.2,18.1,775.7,67.3,734,67.3z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M766.1,28.9c-200-57.5-266,65.5-395.1,19.5C242,1.8,242,5.4,184.8,20.6C128,35.8,132.3,44.9,89.9,52.5C28.6,63.7,0,0,0,0 h1000c0,0-9.9,40.9-83.6,48.1S829.6,47,766.1,28.9z\"\/>\n<\/svg>\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-790e8918 e-con-full e-flex e-con e-child\" data-id=\"790e8918\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3dbfefe4 elementor-widget elementor-widget-image\" data-id=\"3dbfefe4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1091\" height=\"828\" src=\"https:\/\/plizz.co\/wp-content\/uploads\/2023\/11\/limited-partnership.svg\" class=\"attachment-full size-full wp-image-620\" alt=\"limited partnership\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6e0971f5 e-con-full e-flex e-con e-child\" data-id=\"6e0971f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2d31a934 animated-fast elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"2d31a934\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Limited Partnership<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6aa4ef1b elementor-widget elementor-widget-text-editor\" data-id=\"6aa4ef1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Thailand offers two types of partnerships for business owners. An ordinary partnership consists of two or more people who share unlimited liability. A limited partnership is a bit different. It also consists of two or more people, but the limited partner has limited liability while the general has unlimited liability.<\/p><p>This can be confusing for business owners, but Plizz is here to help. If you\u2019re interested in setting up a limited partnership in Thailand, let our legal team create and submit the paperwork for you. We can also explain how liability works with a limited partnership.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-731ae51a elementor-widget__width-auto elementor-widget elementor-widget-button\" data-id=\"731ae51a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#Our-Services\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn more<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1179ccc e-flex e-con-boxed e-con e-parent\" data-id=\"1179ccc\" data-element_type=\"container\" data-e-type=\"container\" id=\"Our-Services\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c16fd3e elementor-widget elementor-widget-heading\" data-id=\"c16fd3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefits of a Limited Partnership<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-37233bc elementor-widget elementor-widget-text-editor\" data-id=\"37233bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Many people choose to start a limited partnership due to the benefits. The ordinary partner enjoys the biggest benefit since his or her liability is limited. The ordinary partner is only liable for the capital he or she invested. For example, if the limited partner invests 1 million Baht into the business, he or she can only lose that amount, even if the partnership is found liable for additional expenses.<\/p><p>A limited partnership also offers business owners freedom when operating in Thailand. The Thai government allows limited partnerships to engage in activities without restrictions. Businesses can operate in different industries, although they might need licenses depending on their scope of operations. Plizz can help you obtain the licenses you need, if necessary.<\/p><p>Also, the partners have control regarding allowing new partners to enter the business. All partners must agree on a new partner before he or she can become part of the business.<\/p><p>In addition, this partnership allows up to 49 percent foreign ownership without a foreign business license. This allows foreigners who want to start a business in Thailand to easily team up with nationals to get started. However, if the foreign shareholder owns more than 49 percent of the business, he or she will need to apply for a foreign business license. Fortunately, Plizz can help with that, as well.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-103887c elementor-widget elementor-widget-heading\" data-id=\"103887c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Drawbacks of a Limited Partnership<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe7d85b elementor-widget elementor-widget-text-editor\" data-id=\"fe7d85b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Unfortunately, there are also some drawbacks to consider before starting a limited partnership in Thailand. First, the general partner has unlimited liability for the debts and obligations of the partnership. Assume that both partners invest 1 million Baht into the business. The limited partner is only liable for that amount, but the general partner\u2019s liability is not limited. He or she can lose much more money. This puts the general partner at greater risk when operating the business.<\/p><p>Some also view business management as a drawback when operating a limited partnership in Thailand. The general partner has full control of the day-to-day operations. The limited partner cannot assume control of the daily operations without upgrading to a general partner.<\/p><p>Also, unlike an ordinary partnership, partners must file paperwork to set up a limited partnership. In addition, they must go through steps to dissolve the partnership. While many view this as an obstacle, Plizz makes it easy for partners to file the paperwork. The legal team can even help dissolve the partnership if needed.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a02e3e elementor-widget elementor-widget-heading\" data-id=\"1a02e3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Legal Requirements<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db61ec7 elementor-widget elementor-widget-text-editor\" data-id=\"db61ec7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There are certain requirements in place for setting up a limited partnership in Thailand. First, if the general partner is a foreigner, he or she needs a work permit or a non-immigrant business for business or work purposes. A foreign business license is also needed if a foreign partner invests more than 49 percent into the business.<\/p><p>Thailand\u2019s government requires 2 million Baht in capital to start the business. The partners do not need to contribute equally.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-dce-background-image-url=\"https:\/\/plizz.co\/wp-content\/uploads\/2023\/11\/bg01.19d60d8.webp\" class=\"elementor-element elementor-element-c7de0f4 e-flex e-con-boxed e-con e-parent\" data-id=\"c7de0f4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-05b5aa3 elementor-widget elementor-widget-heading\" data-id=\"05b5aa3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Timeline for Setting Up a Limited Partnership in Thailand<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fefa167 elementor-widget elementor-widget-text-editor\" data-id=\"fefa167\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It takes approximately one week to set up a limited partnership in Thailand, as long as the process is done correctly. Many people choose Plizz to ensure that the entire process goes smoothly, so they can start their businesses quickly.<\/p><p>To begin the process, the partners must complete and submit an application for registration to the Direct Registration Office. Along with the application, the partners must settle the applicable fees.<\/p><p>The application is relatively complicated. It must include data and information related to the business. Plizz\u2019s legal team can expertly create this document for you.<\/p><p>If you\u2019re ready to set up a limited partnership, contact Plizz today. You will receive a quote and then can move forward with registering your partnership.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-dce-background-overlay-image-url=\"https:\/\/plizz.co\/wp-content\/uploads\/2023\/11\/question.svg\" class=\"elementor-element elementor-element-5026434 e-flex e-con-boxed e-con e-parent\" data-id=\"5026434\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-120bab7 elementor-widget__width-initial elementor-widget elementor-widget-image-box\" data-id=\"120bab7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h2 class=\"elementor-image-box-title\">Have a question? Contact us<\/h2><p class=\"elementor-image-box-description\">If you have a question about our services don't hesitate to contact us. 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