Hi guys! Did anyone open Start up company in Thailand (Smart S Visa)? I understand requirements that are for applying for Visa (pitch deck, 600k thb,health insurance). But i didnt find any information about what obligations and expenses there are once your visa is approved (im looking for 2 year Startup). Do i need employ Thai people with Smart S same as with regular Business Visa? Do i need have Thai partner (shareholder) or no? Do i have to have an accountant or i can keep tracking of my finances? Are there any other monthly expenses? Or anything else I should know!

Thank you 😊

Hello group! Hopefully I can get some good answers here. I'm posting for a friend who isn't on facebook.

My friend got a job with a start up company here, and went out of Thailand to get a non B visa, and has already received a work permit. It has taken a while to get the company set up, and the current non B expires in 1.5 weeks.

My friend has heard that with work permit, you can do border bounces every 3 months and get Non B extensions. Is this still true? If so, where is the best/easiest Thai embassy to go to, and what paperwork would be required? What are the downsides if the border bounce visa (on work permit) needs to be renewed multiple times? The company building is still under construction.

Just looking for a back up plan in case the set up for the company takes longer.

Thanks in advance for answers!