Can I apply for a DTV in Thailand with a newly formed US LLC that lacks substantial background?

Dec 21, 2024
21 hours ago
Hi, I'm planning to apply for the DTV in Thailand next year. My current situation is that I am self-employed with my Italian company, but I'm looking to transition to a US LLC in order to be able to live and work in Thailand legally, as it is not allowed to have both tax residency in Thailand and a VAT number in Italy at the same time.

My question is: If I create the LLC but don’t have a substantial “background” with it (since I'm creating for the purpose of relocating), is it still acceptable for the DTV application? I do have a business background in Italy with my VAT number, but I need to make this change to comply with the regulations.

I would appreciate any insights or advice on how this thing might affect my application.

Thank you in advance!
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TLDR : Answer Summary
The user is considering applying for a Digital Nomad Visa (DTV) in Thailand after transitioning from an Italian VAT-registered business to a newly formed US LLC. They are concerned about whether the lack of a substantial background with the new LLC might affect their DTV application, given the need to comply with regulations that prohibit simultaneous tax residency in Thailand and a VAT number in Italy. Responses suggest that it may be possible to apply with the Italian company initially while setting up the LLC, as tax residency and compliance issues can take time to sort out.
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Christopher ********
U.S. LLC gets rid of your experience tho. They aren’t concerned with taxes on the visa for now but I would ask them if it’s ok to apply with a VAT number in Italy or someone who deals with that.
Todd *********
What are you referring to with ‘it is not allowed’ ?
Greg ********
If it was myself doing this I woukd just use the Italy company for now and apply. You are not going to be tax resident in Thailand until well into 2025 if you stay 180 days plus and your tax return not due till March 31st 2026. Plenty of time to get DTV and then sort out location of your company legal entity.