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Answered2 years ago

Do I need to write an employment contract to myself as a 50% shareholder in my company in Thailand?

Sercan *******
asked Feb 15, 2025
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Hello,

Me and my wife are shareholders of a company and we submitted our business documents. We simply sent same documents with my wife they did not want any additional employment contract for her, while they wanted from me. As I am the 50% shareholder of the company. Should I write an employment contract directly to myself. Can anyone help ?

Thank you
Answer summary
The user, a 50% shareholder, questions whether they should draft an employment contract for themselves after their wife, a fellow shareholder, was not asked for such a document. Community members suggest that an employment contract and relevant employment certificate for working in Thailand is necessary, while cautioning against conducting business in Thailand without legal assistance.
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Uwe ****
Uwe ****
Please, do not start a business without a fair lawyer willing to help. Do you want to end up like 90% of foreigners losing their business investments?
Quentin ********
Quentin ********
Stopped relying on a single income and paycheck. The moment I stopped saving my money and started investing it to make more for a better future my financial ended, I'm forever grateful for your guidance and support Mr
@Logan *******
Michael ***********
Michael ***********
I've never traded with someone as good as
@Logan *******
, thanks for another successful transaction of $19,800
Waqar ******
Waqar ******
I had something similar too and yeah they asked me for employment letter despite being a business owner
Sercan *******
Sercan *******
OP
@Waqar *****
what type of a letter did you create, a letter or a real contract ?
Wannikea *********
Wannikea *********
Yes, employment contract and certificate. The certificate stating you are currently employed and able to work remotely specifically in Thailand.
Sercan *******
Sercan *******
OP
@Wannikea ********
, as an owner I did not signed any contract. Does it work if I write a letter to myself from the company's mouth ?
There *****
There *****
@Wannikea ********
exactly 👍🏻

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