Can farangs set up non-profit orgs here?
Does anyone have any examples/website addresses that they can post, please?
Can farangs set up non-profit orgs here?
Does anyone have any examples/website addresses that they can post, please?
It would be classed as volentry work and falang can not do it .
There is not a lot falang can do to work here legaly.
I believe you need to be registered somewhere else and then set up a branch here.
Yes, foreigners can set up non profit charitable foundations. Soi Dog is a good example but you will need to have a criminal background check, at least a level 6 Govt Officer to guarantee you and, a Thai nationality Chairperson to get it registered. Once registered, about a 4- 7 month process you can change the chair to whomever you want .
200,000 baht is the necessary initial starter donation.
Thanks, Hypatia.
I guess the next steps are to speak with a lawyer.
Off the top of your head, do you know if the process could be simplified by demonstrating that X% of profits would be diverted to a Thai-friendly trust fund?
^ Except you are a non-profit so I doubt it.
@Hypatia
The English language center, AUA, is a non-profit but it diverts "profits" into organisational development... which includes Thai employee training, etc.
Thoughts please!
What is the perceived benefit in Thailand of having a non-profit enterprise vs having a small business that makes no profit?
The majority of us already have - why not you too?Originally Posted by 2Prick
Such an entity can own land.Originally Posted by VocalNeal
I really do not know about this trust subject, specifically.Originally Posted by 2Prick
I can say a foundation can certainy, ".. conduct activity to raise funds. "
Most end only running non profit stuff in Thailand....
^ Agree.
The term is "services" that foreigners are not allowed to engage in. Of course that is so broad as to be meaningless, and means just about all WPs are technically illegal.
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