Juristic Person: Bangkok Real Estate

Juristic Person: Bangkok Real Estate
Juristic Person: Bangkok Real Estate

Juristic person in Bangkok is a type of legal entity. This legal entity can own property.

Examples include corporations and limited partnerships.

Juristic person differs from natural persons. Natural persons are human individuals.

Juristic persons are organizations or groups with legal rights.

One popular feature of juristic persons is the ability to enter contracts. Corporations and associations often enter contracts in Bangkok real estate.

Another feature is the ability to sue and be sued. Examples are cases where companies in Bangkok face litigation.

Juristic persons can own assets. Companies and foundations own buildings and land in Bangkok.

Common features of juristic persons include limited liability. Shareholders in Bangkok corporations face limited personal financial risk.

Another common feature is perpetual succession. Corporations in Bangkok continue despite changes in ownership.

The ability to hold property is also common. Corporations and foundations own real estate in Bangkok.

Unusual features of juristic persons include the ability to issue shares. Only corporations can issue shares.

Another unusual feature is the requirement for a board of directors. Corporations and limited partnerships must have a board.

Juristic persons have tax obligations. These vary significantly from those of natural persons.

Unique features of juristic persons involve corporate governance structures. Corporations have complex governance requirements.

Also, juristic persons can merge with or acquire other entities. Mergers and acquisitions are unique to juristic entities like corporations.

Juristic persons have specific compliance obligations. Regulations in Bangkok necessitate unique compliance measures for companies.

Juristic persons have broader legal capacities than natural persons. Natural persons cannot issue shares, while corporations can.

Juristic persons face specific compliance and governance structures, unlike natural persons. The ability to merge or acquire is exclusive to juristic persons.

For detailed definitions related to real estate and juristic persons, consider consulting our glossary about Bangkok real estate. This resource offers comprehensive insights into the complex terminology of Bangkok real estate for investors and home buyers.