What are the official costs associated with setting up a company and acquiring work permits and visas in Thailand?

Great

Best on your business Ian

@Joe **********

,wow.. Keep it up

Yes - came here with the U.S. Army Special Forces - operated mostly in Issan - Sakon Nakhon Province. Edit: Photo in Ban Lup Lao Phu Phan (mountain range). About 80 kilometers west of Laos (Changwat Sakon Nakhon)...Working a Medical Civic Action Mission patrol with the Phu Thai people.

@Joe **********

, fuck I would love the juice you are on. As a soldier you came here 51 yrs ago. Share your secret

Then Lloyd - you have a superior accountant

@Joe **********

then no income tax liability, way too low to pay tax.

@Lloyd *******

No they had a salary of 9240 each month each employee

Mandatory salary for a Thai Employee Jan - March, 2018 = 9240 Baht each month... will rise to 9600 Baht each employee each month.

@Joe **********

they had a salary of 25,250 a month ?

In the year 2560 / 2017 I paid 2700 baht a quarter for the 4 employees withholding taxes total.

It has to do with the rate of tax applied to a foreigner who is share holder / Director of a Thai Registered Company with Registered Capital Valuation of 4 million Baht - in my case. Such a shareholder / Director pays taxes on a mandatory monthly salary of 50k baht - whether I pay that amount to myself or not. I watched my very smart and sharp accountant go to a published table of tax rates adjustable by age. In my case of my 'young' age (having visited Thailand first time 51 years ago as a soldier for a year 😁 ) - my rate of witholding tax for the imagined salary of 50k a month was a whopping 420 baht a month.... That's How.

@Joe **********

and the first 20k a month is tax free

Not by my two different Accountants' calculations. Minimum salary for Thai employees will rise to just shy of 10k this month

Also, since when did age have anything to do with tax ?

Really ? 4 x 750 = 3k and if their salary is below 20k a month each, they are not liable for any income tax. Even if they were on 30k a month, income tax would only be 500 each.

Yes, the lawyer will create and register the company. They can also provide visa and work permit services. The accountant is required to do monthly tax and social security filings etc. I believe this may be something it’s possible to do by yourself but I’ve opted for the easier option

@Peter *******

I understand that. But still you need a lawyer or an accountant to set you up witg work permits right?

Only way I’m aware of is to setup your own company as per the original post.

Sorry to ask but I'm new to this. How can you arrange work permit yourself? What are the steps?

That's pretty obvious, and not advice as such.

No problem :-)

@Lloyd *******

apologies

@Alan ********

we prefer no pm, as advice is for all, and possibly needs correcting

Can you pm me?

Your post had no question or info until you edited.