ask
Search
Ask
Answered2 years ago

Do business owners applying for a DTV in Thailand need to demonstrate regular income from their LLC?

Anonymous *************
asked Jan 7, 2025
719
views
3
replies
1
likes
Question about DTV as a business owner

I'm the owner/sole shareholder of limited liability corporation. I don't take a salary from my company.

Even though I can provide all the necessary paperwork and show 500K THB in the bank, I'm concerned that the lack of regular documented income from my company may be an issue because that seems to be a requirement for many other DTVs.

Do they usually ask business owner applicants for proof of income?

I'm planning to apply in Penang, but I'm open to other locations if anyone has recommendations.

Any input would be much appreciated 🙏
Answer summary
The post addresses the concerns of a sole shareholder of a limited liability corporation in Thailand who does not take a salary. The author is worried about the requirement to provide proof of income for a Digital Nomad Visa (DTV) application. The responses suggest that not having a salary should not be an issue if the business is legitimate and tax-compliant. Some embassies may request personal income tax filings if the LLC does not generate enough income, and providing a letter from the LLC stating the ability to work remotely can also help. Additional documents like contracts and motivation letters for being in Thailand may be useful for the application process.
3 repliesnewest first
4

Click comment and we will ask for your email, then OTP, then name.

Rob *********
Rob *********
I have the same situation, I will go to Vietnam HCM in a few days, in my case I will merge in the same pdf the docs Fromm the LLC formation in the LLC (I don't remember the name of the doc) , and maybe some contracts with other companies, letter saying that I can work remotely, a cover about my motivations to be in Thailand, letter, and what else ? 😂
Kool *******
Kool *******
From what I've seen no income from your own LLC shouldn't be a problem, as long as it is a legitimate business, filing taxes. Some embassies might ask for your latest personal income tax filings, when your LLC isn't making enough money to pay you. Other than that, just a letter from the LLC stating that you can work remotely.
Marcella *******
Marcella *******
Following

Activity

4 joined
Anonymous *************
Anonymous *************
Anonymous *************
Anonymous *************
4
people
Destination Thailand Visa (DTV)
...members
Member 1
Member 2
Member 3
Member 4

Related

25
Can I switch from applying for an EDV to a DTV after my entry statement in Thailand?
6694102mo
Can I apply for a DTV visa to Thailand with proof of remote work starting after submission?
444352mo
What are the steps I should take to apply for a Digital Nomad Visa (DTV) in Thailand given my current circumstances?
1.3k10144mo
What should I do after my DTV Soft Power Muay Thai visa application was rejected in Hanoi and should I consider applying from Laos instead?
13k135885mo
Will I be approved for a DTV visa in Thailand if I have a registered LLC in the US and some savings but also work for a US company?
3.1k28296mo
What are the requirements for obtaining a Digital Nomad Visa (DTV) in Thailand for new business owners with low turnover?
1.2k1227mo
What documents are needed for my wife's dependent DTV application in Thailand?
801469mo
What documents and process are required to apply for a DTV visa from Kuala Lumpur, Malaysia?
1.4k21310mo
What documents are required for a DTV visa application in Thailand?
839281y
What is the process and timeframe for applying for the Digital Nomad Visa (DTV) from Brussels or Paris?
1.7k1661y
Where can I apply for a Digital Nomad Visa (DTV) in Chiang Mai after increasing my savings?
861581y
What are the application requirements for the Thailand Destination Thailand Visa for a remote worker and freelancer?
640321y
Can I and my daughter apply for a DTV visa in Thailand while supporting each other?
1.9k15131y
How can I obtain a Digital Nomad Visa in Thailand without an established business?
1.7k12141y
What are the requirements for obtaining a DTV as a remote worker in Thailand?
715332y
Do I need longer employment history to apply for a DTV visa in Thailand with a new remote job?
1.7k1462y
What are the requirements and application process for the Digital Nomad Visa (DTV) in Australia for Australian citizens?
596132y
Can my husband work remotely under a dependent DTV if I apply for a workcation DTV?
508122y
What are the recent success stories and tips for applying for a dependent visa in Southeast Asia?
2.9k26172y
How can I write a letter to myself for a Digital Nomad Visa while managing UK rental properties from Thailand?
3.9k27472y
What documents should I provide to apply for a digital nomad visa as a German national with a US LLC?
1.4k992y
Can I apply for the DTV in Thailand providing documentation for multiple categories like remote work and a dental procedure?
1.1k842y
What are the best practices for applying for a DTV visa in Thailand, and should I use a visa agency?
5.2k42392y
What challenges did you face while obtaining the digital nomad DTV visa in Vientiane?
1.6k10152y
What documents do I need for a Workation visa in Thailand and how do I apply for my dependent?
2.4k18162y

Resources

Need help with your DTV visa?