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Answered2 years ago

What is the cost and process for obtaining a Non-B visa and work permit for a foreign owner in Thailand?

Debbie ******
asked Aug 15, 2024
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Advice please: A friend is coming in to own 49% of a Thai-owned company .

She's looking for someone to help process what she needs for the next step -- to get a Non-B visa and a work permit.

Would anyone know how much it costs for an agent to prepare the documents and make the application for the initial 3month and then the one year visa along with the work permit?

She has been quoted about 45,000 baht for the whole package of transferring from tourist to Non-B , and getting the work permit for one year. Is this a fair price? If she applies out of the country, there's apparently an added cost.

All relevant advice is appreciated.
Answer summary
A friend is seeking advice on obtaining a Non-B visa and work permit as part of owning 49% of a Thai company. She has been quoted a total cost of 45,000 baht for the initial three-month visa and a one-year work permit, prompting questions about the fairness of this price. Key points mentioned include the need for a registered capital of 2 million baht for the company, potential additional monthly costs, and the importance of ensuring the company's legitimacy to avoid issues with nominee structures.
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Bob **********
Bob **********
You’ll need 2 million capital and 4 Thais working
Us *****
Us *****
I cannot believe you are not talking her out of it. Instead you are supporting her on this money pit.
Debbie ******
Debbie ******
OP
Yes, the company is her friend's . It's already been registered 7 years ago with the 2 million in for the previous foreign employee. He left three years ago, which is the reason the company was dormant and didn't do anything -- they just kept up with the accounting, legal monthly stuff. So now, this friend is wanting to take over and do something with it.
Tony ********
Tony ********
@Debbie *****
sounds like an ilegal nominee company then.
Debbie ******
Debbie ******
OP
Not sure why -- Her Thai friend is in the same business and both are going to start working together? just 51% Thai and 49% her? What would the problem be with this? Just trying to source best pricing for her to get her documents processed.
Michael ********
Michael ********
Sounds a similar price from others i seen advertised and from prices on here.

Hope company is all up and above board they are cracking down on Thai nominee companies
Chris *******
Chris *******
That is the initial cost to get going, there will also be monthly maintenance costs in around 5k or other costs not fully explained yet.

Get all the info and be cautious, if it doesn't work, it'll cost more and if it doesn't go through there won't be refunds.

Best of luck.
John **********
John **********
That company needs 2 million baht registered capital to support a work permit

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