Transcript of the above video:

As the title of this video suggests we are discussing Companies in Thailand, that is Corporations here in the Kingdom of Thailand and we are kind of looking at the difference between so-called Holding Companies and Operational Companies. 

Now for those who are unaware, and I think, I don't mean to be sort of redundant here but I mean a Holding Company is kind of what it sounds like. It is a Company that you set up to own either another Company or other Companies or financial instruments or even property depending on the circumstances, real estate, maybe even condominiums, the assets basically; they hold assets. It is kind of a passive type of Corporation. Meanwhile there are so-called operational companies that for the most part they do business. They bring in cash flow, they bring it income, they bring in Revenue, they pay taxes, they do business, they operate. 

Now there are actually some restrictions on foreigners being able to have Holding Companies in Thailand. There are certain, Holding Companies are kind of considered to be kind of a bailiwick exclusively for the Thais. Again it gets into a bit of a gray area because what is the definition of a Holding Company? What if it's semi- operational but for the most part holds assets? Again, to dig into that analysis you are going to need to look at the facts and look at the prospective business activity. I can't really make a video that just goes through and gives all the details on how that is all going to play out, the interplay of that in like a detailed real-time basis, but long story short bear in mind, there is kind of a difference and Thai Law, from a tax perspective as well, does kind of look at there being a difference between an Operational Company here in Thailand and a Holding Company here in Thailand.