Maximum member contributions meaning

This Practice Note forms part of a cross-border guide that covers the key elements of establishing particular business vehicles across global jurisdictions. Member firms of the Multilaw international network contribute responses to core questions on the subject matter. Leading law firms within the Multilaw global law firm network supply answers to key questions on this topic. This instalment highlights principal issues arising on the formation of a public limited company in Thailand. Up to date as at 13 January 2023. Authors: Kobkit Thienpreecha and Athistha Chitranukroh, Tilleke & Gibbins, a Multilaw member firm Common entities Which form of entity is addressed in this questionnaire? Which other commonly used entities in this jurisdiction are covered in another questionnaire? The private limited company and the representative office are handled in separate responses. Identify further entity types in your jurisdiction that exist but are not presently the subject of a questionnaire response: Regional office Limited liability partnership ...

This Practice Note is part of a cross‑jurisdictional guide that covers key facets of forming specific business entities across global jurisdictions. Member firms within the Multilaw network supply responses to the core questions. This edition sets out the main considerations when establishing a limited liability company in China. Current as at 8 September 2025. Authors: Lixin Cui and Henry Shi, JunHe LLP, a Multilaw member firm. Common entities The subject of this questionnaire is the limited liability company (LLC). Other entity types that exist in this jurisdiction but are not covered here include: Partnership Company limited by shares Financial institution, and Non-profit organisation General principles Main legal authority: company law, foreign investment law, and other applicable laws and regulations. Brief overview of the entity: Separate legal personality-an LLC is a distinct legal person Maximum period of ...

This Practice Note does not address or cover refunds of contributions where a member has died. For further details on these, please consult Practice Notes: Death benefits—final salary schemes and Death benefits—money purchase schemes. Within this Practice Note, any mention of 'trustees' equally refers to the manager of a registered pension scheme. In what circumstances can a refund of member contributions be made? A scheme can allow repayments of member contributions in a variety of situations. For example, where a defined benefit (DB) member has under three months' pensionable service, the current legislative framework gives that member no entitlement to have their pension benefits preserved within a DB occupational pension scheme. In such cases, it is also common for the scheme to provide that member with a repayment of their own contributions...