AIG
ASIA INTER GROUP
Partnership and Consulting
Welcome to AIG Partner
Welcome to AIG (Asia Inter Group), your gateway to business success in Thailand. We specialize in empowering foreign investors through our innovative partnership model and expert consulting services. Whether you’re new to Thailand or seeking to expand your existing operations, our team provides tailored solutions to navigate local regulations, optimize tax structures, and drive strategic growth. With AIG’s comprehensive support, you can focus on your core business while we ensure your venture thrives in Thailand’s dynamic market. Let us be your trusted partner in turning challenges into opportunities and achieving your business goals in Thailand.
In Thailand, strict regulations govern foreign ownership in Thai limited companies, limiting foreign investors to a maximum of 49% of the company’s shares. Any attempt to circumvent this rule through unauthorized methods, such as concealing the true extent of foreign ownership or employing a nominee to hold a majority of shares, is a violation of Thai law and is subject to severe legal penalties.
A prevalent but illegal tactic used by some foreign investors is the “Nominee Structure.” This arrangement typically involves a Thai individual or entity holding the majority of shares on paper, while having no real involvement in the company’s operations or entitlement to dividends.
Essentially, the Thai shareholder serves as a figurehead, with the true control and benefits of ownership remaining with the foreign party. Not only does this practice violate the Foreign Business Act, but it also exposes both the foreign investor and the Thai nominee to significant legal and financial risks, including potential criminal charges, fines, and the dissolution of the company.
At AIG, we offer a fully compliant, legal alternative to these risky structures. Through the AIG Partnership, foreign investors can structure their business in Thailand in accordance with the law, ensuring full transparency and protection from legal repercussions. Our approach provides peace of mind and security, allowing foreign investors to achieve their business goals in Thailand without violating ownership restrictions or resorting to illicit arrangements.
AIG Co., Ltd (Asia Inter Group) introduces an innovative and fully compliant solution to the challenges and risks associated with the Nominee Structure: our Genuine Partnership model.
This model offers a legal, transparent, and compliant business structure that adheres to Thai laws and regulations while giving you the necessary support to grow your business with confidence. Through this partnership, AIG will hold a percentage of shares in your Thai limited company, ensuring compliance with Thailand’s foreign ownership restrictions. The exact shareholding percentage will be customized to meet your specific business needs, as outlined in a formal Shareholders Agreement between AIG and your company.
To further ensure compliance, AIG will also appoint a director to your company. However, this appointment comes with built-in protections to safeguard your business interests. The role, responsibilities, and limitations of the AIG-appointed director will be clearly outlined in the Partnership Agreement and the company’s corporate documents. This ensures AIG’s involvement is controlled and limited to the level you are comfortable with, preserving your business autonomy and decision-making authority.
The Genuine Partnership model offers a balanced approach, enabling foreign investors to meet legal requirements while maintaining operational control. With AIG as your partner, you’ll benefit from our local expertise and compliance support, allowing your business to operate smoothly and successfully within the framework of Thai regulations.