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Unanswered8 years ago

How long must 2 million baht stay in a company's current account for a visa and work permit application in Thailand?

company setup Thailand visa work permit business banking Thai business regulations

Seymore ********

Seymore ********

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asked Apr 11, 2019

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Set up a company 3 months ago. Does anyone know how long the 2 million baht should stay in the business current account for? A set time or it has to still be in there during initial visa and wp applications, extensions, renewals. 

And what percentage/amount of it is ok to withdraw? (to put for example into a personal, less taxed and better rate savings account)

Or if 2 million has to stay in the business account is it ok for the majority of that to be put it into a business saving account. Any info appreciated

Summary so far

The poster is seeking clarification on the duration for which 2 million baht must remain in a business current account after setting up a company in Thailand, particularly in relation to visa and work permit applications. They're also inquiring about the permissible amounts that can be withdrawn or transferred to personal accounts or different business accounts.

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Robert *******

Robert *******

I agree with Tod and as I can not find one question about a Visa or Extension of Stay, I close the commenting.

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Tod *********

Tod *********

sounds a LOT like questions you should be asking the firm that helped you set up the company, or your accountant...

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