According to the law, a company stockholders constituting a legal or a corporation is an association of responsible person entity which it is treated as if it were a single corporation is 1991, p. 38). Under company law, a company or considered to be an entity, and companies can be formed by individuals, specialized agents, solicitors or accountants org) while in Thailand there are three kinds of (Wikipedia. The business organization: partnership, limited company, and joint venture only two types are stated.