Everything You Need to Know about a Nominee Shareholder in Thailand
Are you considering setting up a company in Thailand in the name of someone whom you have met only a few times in a bid to get started quickly? Watch out before doing as that may backfire. Under the Foreign Business Act, 1999, a nominee shareholder is defined as the following; “1. A nominee shareholder, […]
So, Who All can Apply for the New ‘O-X Long Stay’ Visa in Thailand?
It can be granted to applicants who are 50 years and above and want to stay in Thailand up to 10 years even after retirement with a maximum stay of 5 years. Wondering what does that even mean? Basically, you will need to do two stays, 5 years each; like you stay for 5 years […]
Find Out If You Need to Pay Income Tax in Thailand
If you are living and earning income in Thailand you must have your own tax ID number. You can get it from the tax office by showing your passport or ID card. Also, you need to prove the reason behind the need for the number. There are English staff for ex-pats who will assist you […]
How to Get Privilege to Stay in Thailand Long-Term
Simple, obtain the Thai Elite Visa! It is a special visa program designed by the government, giving privilege to reside in Thailand long-term with some additional benefits. Well, the intention behind approving the Thai Privilege Card Project is to generate income as well as revenue from the foreign patrons to the Kingdom plus attract those […]
What to do before and after Obtaining a Work permit in Thailand
Have you been trying to obtain work permit in Thailand? You will need the following documents to apply; Documents to be submitted by Employee Self-attested copies of passport Three recent photos (5 x 6 centimeters) wearing business attire CV or resume, stating the applicant’s experience in detail Letter of employment Non-immigrant visa Self-attested education degree […]
Can you Set-up a Solar Energy Business in Thailand?
Yes, of course! In fact, you may be eligible to register your solar energy business in Thailand under the Board of Investment as it falls under Public Utilities and Basic Services. It is one of the BOI promoted activities. That you are thinking of investing in Thailand, you are expected to know about the incentives […]
Can You Hire Foreigners to Work in Your Company?
Of course! But then your eligibility comes down to the registered capital, which is having 2 million baht as that will let you employ a foreign national. Besides, a further 2 million baht each person will be required in order to hire up to 10 people. However, in order to let the foreigner work in […]
FAQs on Listing Company in Stock Exchange of Thailand
Here’s a list of some popularly asked questions on listing company in Stock Exchange of Thailand; How the Stock Exchange of Thailand and Market for Alternative Investment differs? Ans. The Stock Exchange of Thailand (SET) offers a market for large companies having a minimum 300 million paid-up capital after IPO in order to raise long-term […]
Is a Foreigner able to Open a Thai Corporate Bank Account?
Opening a Thai bank account means no ATM withdrawal fees, no conversion rate fees, easy transfer of funds and access to Thai debit card. Coming to whether you will be able to open a Thai bank account that depends upon a lot of factors. So if you are; Presently on visa exemption stamps or on […]
Is it possible to own 100% of a Thai company?
Now? Yes, it is. Look around and you will find so many examples. Board of Investment Company Registration One of the best ways of doing that is by registering a foreign company under the Board of Investment. However, to be able to do that your business must fall under the BOI business list that includes […]
