Can I write books about 1. Thai life and culture 2. Fantasy fiction sitting on my condo in jomtien and sell them on Amazon to make money. Do I qualify? (hypothetical)
Anonymous participant Do you use CC and ATM withdrawal for your expenses? Then maybe you are off the hook for at least in the near future. The issue is that Thailand expects every foreign tax resident (staying more than 180 days) to file a tax return even if they don't owe any taxes. You can file a tax return and put zero remittances into Thailand. Let the authority decide if that is believable or not.
Simply saying that your country's DTT will cover it is not a solution if you really want to be legit and avoid future consequences. You must file a tax return and claim that your pension is tax-exempt in Thailand due to the DTT in effect.
If you live in Thailand for more than 180 days, you must file a tax return. If you have paid taxes in your home country, you can take tax credit for that, provided your country has a DTT. Simply saying I don't want to pay taxes is not going to cut it.
I have never formed an LLC but see lots of online services offering the service. Do you have any recommendations?
I was checking how to register a business in IL, and it seems it can be done online in a minute.
Do I need both the LLC and state registration?
What is an LLC agent?
I don't have a work contract. I have a website and make money using AdSense now, and my future plan is to introduce subscription-based services along with AdSense.