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 🙏
TLDR : 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.
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