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Setting up a Foundation (Thai: Mulanitee)

A foundation consists of assets appropriated for charitable, religious, artistic, scientific, literary, educational or other purposes for the benefit of the public and not for profit generation.   The specially allocated assets of the foundation must be managed to (or “intending to”) implementing the objectives of the foundation. They shall strictly not be used for…

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Setting Up an Association (Thai: Samakom)

1. General Characteristics An association may be created for any lawful activity that, according to its nature, is to be done continuously and collectively by persons other than of distributing profits to its members. It may engage in activities beneficial to the public, however, by definition associations are organizations of members who act together to…

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