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business ownership

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This page displays all the results for the Business Ownership tag, sorted by the most recent activity. There are a total of 21 questions that have been tagged with Business Ownership. Explore the questions to find discussions and information relevant to this topic.
Mar 26, 2025
16 days ago
APPROVED in Ho Chi Minh City 🥳

Category: Workation

This group has been incredibly helpful to me, so like many others, I want to give back my experience of the application process.

Here is some background information to my situation:

* I have a German Passport.

* I own an LLC based in the US that is fairly new and I have never had a company before, but was permanently employed.

* My company has no income yet, because I focused exclusively on mastering the new situation during the first few months of my trip, and that's why I indicated ‘no income’ in the application form.

* I have never applied for a Visa in Thailand before, because Germany is in the Visa exemption category and never have done a border run before.

* I am currently travelling and was in Thailand for a month before travelling on to Vietnam, where I applied for the DTV.

I submitted my application with the following documents, each combined to a PDF document not exceeding 3 MB:

## Document Indicating Current Location

* Overview of contents of the PDF

* Passport page where the stamp of my arrival in Vietnam is shown

* Explanation of accommodation in Vietnam, as I'm booking my various hotels until I can come back to Thailand when the visa is approved, and I didn't want to leave the hotel booking confirmation without an explanation.

* Booking confirmation of the same hotel in Vietnam in which I have been staying at the time of the submission

* Booking confirmation of flight to Thailand

## Document of Financial Statements

* Overview of the contents of the PDF

* Overview of my bank accounts in german language

* Overview of my bank accounts translated with converted currency to THB

> Note: Looking back, I really shouldn’t have submitted the overview in german language. I thought, that it might serve as a proof, because it’s the original document, but they really just want everything in english or thai.

## Document of Professional Portfolio

* Overview of the contents of the PDF

* Introduction to My Professional Portfolio where I have stated why I want to have the DTV Visa, what my plans are, that I do not want to make business in Thailand and a brief overview of my skills (I’m a software developer)

* Document of the structure of my business and the services I offer

* The founding document of my company

* A document stating that I’m the sole owner and director of my company

* Screenshots of every page of my website and an explanation to them

After 2 days they requested further documents

* Passport full book including empty pages

* Bankstatements only in english and covering the last 6 months with the salary of the last 6 months highlighted

* Salary slips of the last 6 months

* Company profile that includes details about its history, vision, mission, products, and achievements

I uploaded everything they requested and took 2 days for that

* made a scan of every page of my passport from 2 to 32

* combined my bank statements to one PDF not exceeding 3MB in size (which was pain)

* combined the salary slips of my previous employer

* wrote a company profile with everything they wanted and stated again, that I do not wish to make business in Thailand, that my company is newly established and what my plans are to create revenue in the future

The next day my status was switched from “checking documents” to “pending approval”.

Another 4 days later (with a weekend in between), I got my approval.

All in all the application process took 11 days.

My boyfriend also applied to the DTV and his process took also 11 days in total.

If I would submit documents again, I would submit:

## Document Indicating Current Location

* Overview of contents of the PDF

* A scan of the full passport book.

* Explanation of accommodation in Vietnam, as I'm booking my various hotels until I can come back to Thailand when the visa is approved, and I didn't want to leave the hotel booking confirmation without an explanation.

* Booking confirmation of the same hotel in Vietnam in which I have been staying at the time of the submission

* Booking confirmation of flight to Thailand

## Document of Financial Statements

* Overview of the contents of the PDF

* 6 months of bank statements of one (or more) bank accounts having 500k THB in total with the income from the salary slips highlighted

* Salary slips of the last 6 months

## Document of Professional Portfolio

* Overview of the contents of the PDF

* Introduction to My Professional Portfolio where I have stated why I want to have the DTV Visa, what my plans are, that I do not want to make business in Thailand and a brief overview of my skills

* A company profile that includes details about its history, vision, mission, products, and achievements

* The founding document of my company

* A document stating that I’m the sole owner and director of my company

* Screenshots of every page of my website and an explanation to them

Of course this depends on your personal situation and every application process is different.

Hope this helps anyone. If you have further questions, please don’t hesitate to ask. I’m happy to help. 🙂
Mar 18, 2025
23 days ago
Hi all, after some advice please.

We have a business in the UK which I am director of and my husband is an employee. Could we get this visa for us? I would be staying in Thailand majority of time whilst my husband would be travelling back and forth to UK for work
Mar 5, 2025
a month ago
Ricky ********
ORIGINAL POSTER
I know this may sound like I’ve not done my research, but please don’t come for me too hard 😫

But I’m asking for any advice + information regarding registering/setting up a business in Thailand as a foreigner (British national)

What is the process? Is it possible? Is there set requirements for having a Thai business partner? Or a set amount of Thai people working for the company? Is the process lengthy and filled with fees?

Again, Thankyou for anyone who takes the time to provide me information and point me in the right direction! Please don’t be mean 🙏🏽🙏🏽😅
Jan 8, 2025
3 months ago
Rafa ***********
ORIGINAL POSTER
Can someone tell me what documents they ask if a request a dtv being 50% owner of a company?

Its a new business do you think i will have a problem with that?
Jan 7, 2025
3 months ago
Question about DTV as a business owner

I'm the owner/sole shareholder of limited liability corporation. I don't take a salary from my company.

Even though I can provide all the necessary paperwork and show 500K THB in the bank, I'm concerned that the lack of regular documented income from my company may be an issue because that seems to be a requirement for many other DTVs.

Do they usually ask business owner applicants for proof of income?

I'm planning to apply in Penang, but I'm open to other locations if anyone has recommendations.

Any input would be much appreciated 🙏
Oct 21, 2024
6 months ago
If I’m a one man band of my own Ecommerce company, do I need to provide 1/ an employment contract to myself (e.g. position: Director)? 2/ salary proof?
Oct 21, 2024
6 months ago
ok now i have DTV. I'm just wondering if i can build a business like coffee shop and partner with thai.

I will not work on it I'll just want to invest so i can have multiple source of income while working as freelancer/remote job.

I don't need to apply for non-b or any I just want to continue on DTV. any thoughts thanks
Oct 4, 2024
6 months ago
I'm about to apply for my dtv visa, I own my own business. Does this mean I have to write my own job letter/contract?
Aug 11, 2024
8 months ago
saki*****
ORIGINAL POSTER
next week I'm visiting Thailand I'll be in Phuket Khon Kaen and I'll see other provinces of Thailand I'll stay for more or less 2 months then I'll return to Greece and settle what I have to do Greece and again Thailand to open a restaurant with the necessary actions of course
Jun 29, 2024
9 months ago
Richard ********
ORIGINAL POSTER
Hi

Is it possible to be on retirement Non O visa and rent a resort without working have staff , manager and receive profits ?
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