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Answered6 years ago

Can I be a non-working director or shareholder while on a multiple entry OA visa in Thailand?

Paul *******
asked Mar 14, 2021
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Quick question, I am on a multiple entry OA visa, currently in Thailand. An opportunity has come up but will require me to make a company to purchase it. Can I still effectively be a non working "director, share holder" whilst on this visa?
Answer summary
While holding a multiple entry OA visa in Thailand, you can own a company and be a shareholder, but there are specific conditions. It's permissible to be a non-working director if you do not derive any income from the business while residing in Thailand. Furthermore, if you're officially a managing director, it's advisable to sign documents outside of Thailand or appoint a trusted Thai managing director to handle signatures within the country.
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Steve *******
Steve *******
Yes. You can own and trade shares on a Non Imm OA Visa.
Garrett ***********
Garrett ***********
Yes, there is no visa requirement to own a company or investments.
Tobias *********
Tobias *********
yes for shareholder. yes for being a MD but only if you are outside of thailand and then sign from there. not to be MD in thailand and give signatures ( you could appoint a thai MD who will sign for you and who you trust. tricky thing.) be aware that certain signatures with government, revenue, dbd are only allowed when you reside inside thailand.
Arron *********
Arron *********
I believe that you if no income is derived from the business. I.e buying a house in a company name
Arron *********
Arron *********
Good question. I want to here the same answer
Joe ***********
Joe ***********
No... in my opinion...

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