How should a joint venture work in real estate in Thailand If one partner is a European and another is a Thai and owns land?

Firstly you both have to form a real estate Joint-venture company(51% ownership by the Thai partner and 49% ownership by the European partner). Say the name of the company is *Bangkok Real Estate Company*. Then the owner of the land(Thai person) have to enter into a *joint-venture development contract deed* with that Bangkok Real Estate company.Thai person will get profit from his company and also share from constructed/developed Building project on the land (as land owner).

If you have any clarification, can send mail to... jashimpahlwan@Yahoo.com or make me a call to....008801716127147.

Md. Jashim Uddin

Legal Adviser

Exper Take Ltd.

Developer,

Dhaka.