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Joe **********
This is a summary of
Joe **********
's contributions to the platform. They have posed 25 questions and added 1931 comments.

QUESTIONS

COMMENTS

Joe ***********
The uncle will have to get a B Visa and if he wants to do any work or supervision he will have to get a work permit.
Joe ***********
Forming the business will take a lot more than a "business license" and a tax file. Thai Registered Companies require considerable documentation starting with the Company Certificate with the detail of share ownership, designation of Director(s), usually 2 Thai Partners having 51% of the shares.

Americans are exempt of Thai Partners if the Company is formed under the Treaty of Amenty. Board of Investment Companies have different rules. A BOI knowledgable person will have to explain.
Joe ***********
Regardless of other factors the uncle will have to be in Thailand on at least a Tourist Visa to have enough time to deal with the lawyers, accountants and government bureaus
Joe ***********
@Robert ******
- how about the WP.1!

I tgought every B Visa Application had to have an WP.1 / WP.3 / WP.x marked as having been received by the Labor Ministry and an official Labor Ministry letter saying same
Joe ***********
The work permit was already applied for - WP.1 form submitted - or you could not get the B Visa
Joe ***********
You can enter the date of issue too (plus travel time to Thailand).
Joe ***********
Also a for a shareholder - Farang or Thai - he or she does not automatically become a Director. A Director has to be appointed by a majority percent shareholders. A Director is the only shareholder who can make decisions - sign contracts, make tax filings, sign financial reports or create bank accounts, etc. In my opinion I do see any Company assigning a 20% shareholder as a Director.
Joe ***********
The keyword is Limited translated to Thai