falang07
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Posts posted by falang07
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Hello, my Thai girlfriend wanted to start a Sole Proprietorship business in the field of software localization and translation and she was told that this is not possible, and rather a partnership must be formed. Is this true? I thought the only restricted areas are finance and insurance.
According to http://www.bia.co.th/008.html:
A sole proprietorship is a business owned by a sole natural person whose liability is unlimited. A sole proprietor can engage in virtually any business permitted by
law, unless there is a special law to the contrary. For example, a sole proprietor may not engage in finance or insurance </span><span style="font-family:"Arial","sans-serif"">activities</span><span style="font-family:"Arial","sans-serif"" lang="EN-AU">, because these are restricted by law
to limited companies. Generally speaking, there are few restrictions on sole proprietors.
Thank you for answers.
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still not official, was it a hoax?
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From http://www.offshore.hsbc.com/1/2/international/offshore-banking/tax-benefits/tax-going-to-thailand: There is a Special Expatriates Regime which allows for a reduction in the progressive rates of income tax to 15% flat rate for a period of up to four years. This is applicable to assessable income which is earned by an expatriate through the hire of labour by a Regional Operating Headquarter (ROH) that provides management services, technical services or support services to its associated companies situated in Thailand and abroad. The Thai employer has to be registered as a ROH entity in Thailand with the appropriate authorities.
Anyone using this? 15% seems very resonable...
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Rrotate around the planet 15 times per 24 hours? That is pretty fast
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But all this just till the child is 18, later on you are on your own...
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I am always having problems withdrawing money from Paypal to Kbank, every time it takes ages! Usually I have to call them after about one month and ask what happened, and after this call they suddenly find the 'lost' payment in the system, really annoying. Anyone else having problem with delays?
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I am sure a translator from Hungarian or Finnish is acceptable as no Thai can speak it as a native speaker. Thai translator is perhaps forbidden, though.
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Problem is that AirAsia promotion tickets do not enable name change...
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I had 1 baht of gold in the purse, no problem at all
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I had often bad experience with Sorya, it is worth paying a few bucks more for the better companies/buses
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Hello,
I was recently quoted 5000 baht per hour from one of the lawyers claiming that they can do company registration in Thailand. Is this normal price? I find it very high, especially for Thailand.
They say:
"If you would like more information we can arrange a consultation in our office or by telephone conference. Our fees are 5,000 baht per hour. We would also apply the first hour of consultation to the fees for any subsequent company registration case.
The advantage of a meeting is that we can review your documents and understand your needs. We may be able to save you money or find an easier way."
What do you think? 5,000 baht per hour, and they can save me money?
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You do not need 4Mbit/s for trading, did you ever check the data traffic? This is really lame, even 256kbit/s is fine.
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Are you sure it will not go lower?
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seems like the Turkish military service is rather unpopular
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Is not it $35 per entry?
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It was always available (even in April when it was free) unless you had too many tourist visas in the passport...
EDIT: I meant ...in March when it was free...
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Worth noting that if your PayPal payments are on US$ or other currency you have to exchange into THB before you transfer, and can only transfer to a THB account.
and Paypal exchange rates really suck...
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Get the SMS alert added, its FREE
just a small correction, it is not free, 20 or 30 baht per month, but still OK
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the choice is yours, I prefer to save 300 euro...
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c'mon, it is just 11 hours of your life, can not you just listen to mp3/relax/read something? if it is way cheaper, I better spend those 11 hours without the personal entertainment screen and saving some bucks (actually I prefer to just sleep)
Sole Proprietorship For Translator 2
in SME Business in Thailand
Posted · Edited by falang07
Since the 'Sole Proprietorship For Translator' topic was already locked, I had to start a new topic. My question was 'Can e-services like programming, translations or database maintenance be done as a Sole Proprietorship (Thai owned)? The problem we are having is that the officer claims this is not possible and rather a partnership or a limited company must be formed which I find quite ridiculous. The obvious advantage of a Sole Proprietorship are the flat deductions (although perhaps only 30% in this case?).
Thanks again for any answers.