Mortiphobia

Pure and simple Russophobia. Scandinavians, particularly the Fins have always viewed Russians in a negative light, and that has nothing to do with noise or other bullshit this article is referring to.

I'm confused I thought foreigners were prohibited from owning majority shares if establishing a limited company? Or are Americans exempt even if the company is not Amity certified?

Hello,

I am interested in setting up an Amity Treaty certified Sole Proprietorship company in Thailand.

I have already used Google and the 'search' field on this forum and have read numerous answers regarding capitalization requirements, employing Thai employees, etc.

However, I need clarification and facts.

How easy is this to get done and what are the requirements?

The company would most likely be conducting the export of products from Thailand to be resold in the USA.

What are the requirements for obtaining a work-permit under this company? How about as a different company - a consultancy?

As I understand it the process is as follows:

1) obtain non-immigrant business visa (how do you get the business visa if your company isn't formed yet, regarding the business invitation letter do you write one addressing yourself? should you first come in on a tourist visa and setup the sole prop and then do a visa run for a business visa?)

2) apply for work permit, receive work permit

3) apply for 1-year visa extension, renew, rinse and repeat annually with visa and work permit

Thanks for your help!