cost reduction strategies

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Dec 10, 2022
2 years ago
Mark *********
ORIGINAL POSTER
Here is my monthly accounting bill for a company I’ve set up. The company exists for legitimate business reasons, but it also has my work permit and non-b visa attached to it. I’m a director (not employee) for the company and majority shareholder.

The ‘Salary Tax’ and ‘Social Security’ costs support 4 Thai ‘employees’ to fulfill the 4:1 Thai-Foreigner ratio for the visa/wp - can’t remember which one.

However…I will be in Thailand for a very long time - baby on the way, Thai gf (wife??), etc. I need the company, but not necessarily the employees - and as such I don’t really want to pay these taxes and SS amounts.

How can I lower or eliminate these costs, still have a visa, still have a wp, etc.?

Open to options, I’m about maybe 6 months into my first year of non-b. And also what are the implications for permanent resident status (although I know nothing about that yet).
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