Asheron

Maybe i should be more detailed by the salary/dividend.

Let's say that the company is in my daughter/son name and i am employed by that company but the company, that is new, has "no" capital for now and will not have any income until maybe even 1 year after company started and i work for the company on a "profit basis", meaning, if i do not make any income/profit for the company i will not get any money.

This isn't really trying to avoid social security contributions or anything of that sorts. In my own country, inside the EU, you do not have to pay any taxes at all if the company doesn't have any income. If the company does have income then it is 22% corporate tax for the profit. And you only have to pay social security etc etc etc taxes if you actually take out a salary in your name from the company. Dividends are capped at about 15-17K USD per year to 20% tax. Any dividends above that is taxed as income but still not viewed as salary.

My questions are not sinister in nature even though i think that taxation is legalized theft ????

I am just very very tired of living in my own country and want to think of alternatives for working in for instance Thailand but still have income without being tied physically to some office.

Howdy!

Looong time since i was here and i have a few things on my mind, especially regarding Thai company and taxation.

Let us say i have a company setup in Thailand in the name of a Thai national (like daughter/son). This company then has income from various IT work it has done. No salaries are paid out but instead dividends are used for paying for the staff/work (in this case daughter/son alt. me with working visa).

My questions are:

1) is this legal to do? (very important)

2) What kind of taxation is there on dividends in the above example. Is it fixed rate tax or variable depending how much?

3) How much in dividends can you give to share holders of a company before Thai IRS says no or some very high tax (30%+) rate kick in?

4) What if daughter/son own the company but i do all the work (online IT), with appropriate visa of course. Can i get "compensation" for my work by monthly/quarterly/yearly dividend instead of outright "salary"?

The OP has low self esteem, he comes to a developing nation and seems surprised that things are different to the place he comes from, then blames the locals for not being in his situation where he has a choice to go back home when the going gets tough or any time he wants, hence his sense of superiority and the nauseatingly smug attitude he exudes, the street vendor is home, and like the vast majority of Thai people he has no choice in the matter.

Thai Teachers can't go to your country by choice and get a job earning 3 x what your countries nationals do, totally unqualified Farangs can come to Thailand and reinvent themselves as educators, I've met a few that should IMHO, never be anywhere near children of any nationality, but welcome to a developing nation.

I'm forever amazed that Farangs come here and just can't get their heads around things are different, what did they expect, why did they come here in the first place, let me guess, Cos It's Different !!!!!!

Once taking advantage of financially vulnerable people wears thin, many Farangs in Thailand still stay and show their disdain for the very people they were once happy to exploit for their own gratification, and this doesn't apply to everyone of course, but it does apply to some of the perennial whiners, moaners,and self loathing individuals that permeate anonymous forums.

Are you actually trying to say that the so called english teachers in Thailand (mean thais) are somehow qualified to teach english? Sure, my sample isn't 1000+ but those i have met and talked with would be put to shame by 12 year olds in Sweden.

It seems like the OP spends all of his waking hours trying to think up new ways to bash the Thais. As usual, I haven't experienced any of this "Thai aggression" that he speaks of on a daily basis. How do guys like this survive in the real world for so long?

That's because you have never even been in Thailand.

Tattoos are like bumper stickers — the main differences are bumper stickers on your car can be easily taken off. Having said that now lets think about something else… If you had a really good car, say a high-end BMW, or Rolls Royce, would you lower its value by slapping stupid bumper stickers all over its rear end? I think not. I, being the somewhat silent judgmental sort of person I admit to being, when I meet someone that sounds smart, looks and dresses smartly, then I realize they have a bunch of tattoos — sorry, but I instantly deduct 10 or 12 points from their perceived IQ. (Now let the haters rear their heads...)

How many IQ points should we deduct from people comparing the value of a car with bumper stickers to the "value" of a human being with tattoos?

Tattoos are a sign of rugged individualism.

Tattoos are a sign of being a t-w-a-t

Another sign of being a t-w-a-t is being judgemental.

I have a tatt, from my RN days, only my wife knows where it is

My son (also now ex. RN) has rather more.

My Thai step-son has a lovely full-back dragon design, suits him.

None of us could be classed as low intelligence. I'm a Consultant Engineer on major infrastructure projects, my son services aircraft for one of the UK's private jet / helicopter hire companies (for those who are only millionaires and can't afford to own one).

Nobody said anything about low intelligence.It's primarily a social class indicator which is something completely different.

So you also saying that IQ has nothing to do with where in someone is in the so called "social class" ladder?

Very little.IQ does have a hereditary element certainly but for a reasonable broadbrush approach on a very complicated subject its fair to say there's roughly the same spectrum of intelligence in every social class.

Yeah... surely there are like hundreds of CEO's with an IQ of 80-90 right? Or why not doctors or engineers... because hey... IQ is just a number and a social construct! And surely it's lie that there is a very strong correlation with being incarcerated and low IQ?

Or perhaps it's just so simple that people higher up in the so called "social class" ladder just have higher IQ? Income levels and IQ have a strong correlation, i can't really understand why that is such a taboo thing to say.

I have a tatt, from my RN days, only my wife knows where it is

My son (also now ex. RN) has rather more.

My Thai step-son has a lovely full-back dragon design, suits him.

None of us could be classed as low intelligence. I'm a Consultant Engineer on major infrastructure projects, my son services aircraft for one of the UK's private jet / helicopter hire companies (for those who are only millionaires and can't afford to own one).

Nobody said anything about low intelligence.It's primarily a social class indicator which is something completely different.

So you also saying that IQ has nothing to do with where in someone is in the so called "social class" ladder?

So let me get this straight... some of you are like "offended" what other people do with their bodies when it doesn't affect you in anyway? Talk about egomaniacal.

If you don't like tattoos here is a tip... stay home.

Not offended by tattoos in the slightest and in any case it's none of my business.Nevertheless the inescapable truth is that full on tattoos are a low class denominator in both Thais and foreigners.Always exceptions of course.

Ah yes... kind of like being a muslim means you support terrorism?

Al that proves is that IQ ratings mean very little

Google Dunning-Kruger effect.

People mutilating their own bodies out of choice.

Bizarre to say the least.

Yeah... it's freaking bizarre that people can do what they like with their bodies. It should be the state that dictates the bodies!

Tatts all folks.....they are for morons with a low I.Q.....always have been and always will be....simple as that.

Ok I know Pamela Anderson has her barbed wire tattoo, that's real smart and proper cool.

Also I know David Beckham is covered like a comic book, and even the musical genius Justin Beiber is sporting some cool as ink bro....but I don't think Albert Einstein would have had any, nore many professors or doctors do, let alone judges .

I also believe the highest percentage of a population of tattoo wearers reside inside prisons....yes that's right folks....prison members are over 50 percent inked up, and that says something about their I Q as well.

Tattoos....what a moronic joke. Mainstream......well not really, idiot stream ? Bingo Mr Hawkins

I would say that you just confirmed this about yourself: https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

Tattoos are for faux tough guys - wanna-be's - never weres - and zillions of young and dumbs who succumb easily to peer pressure

And I saw most of them on Koh Phi Phi - Strutting like little red roosters

Call it Mick Jagger - and now Justin Beiber syndrome

And because you are such a "tough" guy you actually walked up to the "wannabe tattooed tough guys" and told him so?

So let me get this straight... some of you are like "offended" what other people do with their bodies when it doesn't affect you in anyway? Talk about egomaniacal.

If you don't like tattoos here is a tip... stay home.

You have found one right here.

I am American and proud of it.

I am sure there are many more out there and many proud English people too.

You have blinded yourself with your personal opinions.

how can one be proud of something that wasn't earned by own effort and achievement?

Does your view include all "races" in the world?

your comment demonstrates clearly that you did not understand the simple sentence i wrote.

I understood it perfectly well, i'm just asking that does your view of "shouldn't be proud of something not earned by own effort and achievement" also include all the so called "races" on planet earth. Just answer the question without the use of invectives.

"Nong" does mean younger sister, or brother, and Thais use it all the time. Even for complete strangers who are younger...and "Pi" for older. The same terms are used for actual relatives as well. Kind of cool, I think.

Thank you Berkshire - I think this question is revealing much more about the posters than about the question of what is "Thainess" - which I assume is to be answered from a Thai perspective of what the word means.. and yet, people use it to bash... how sad.

Bashing Thais was not my intention but of course there is a certain element in Thai Visa who believe that to have an opinion about Thailand that doesn't agree with theirs is Thai bashing.

The question wasn't about Thais per se but their political leaders who are promoting Thainess for a politcal end. I could go on but I am sure anything more I said would be deemed as Thai bashing.

You say they are promoting it for a political end. The very idea that they are trying to bring Thailand together has nothing to do with it in your opinion. The P M said shortly after he came into power that it would take 20 years to bring unity to Thailand. That to me would be Thainess. How ever I believe (in my opinion) that Thainess is doing it the way they have always done it until the West came in and is trying and succeeding in introducing Western materialism in as a substitute for family values.

Exactly who is holding a gun against their head forcing them to buy electronics and other material things?

Whatever the situation may or may not be in Sweden; this topic is about the UK!

Immigrants to the UK, whether from the EEA or outside it, taken as a whole do pay more in taxes etc. than they take in state benefits and services.

What have the immigrants ever done for us?

What kind of employment rate does middle eastern, south east asians, north africans, central africans, carribeans, indians, pakistanis, chinese etc etc etc have in the UK compared to indigenous british people? I'm asking because surely it should be quiet known that in general some immigrants are just better for a country compared to other immigrants.

An immigrant != an immigrant just as a car != a lorry just because both have wheels.

I see where you're going with this; it seems that you believe British citizens should only be allowed to marry people you consider to be good for the country; and that you base that qualification mainly on race.

As said earlier, you must have missed it, regardless of where a non EEA immigrant is from, their British partner has to meet the financial requirement.

Furthermore, the immigrant partner is barred from access to public funds and their British partner is barred from claiming any extra due to their immigrant partner living with them.

It seems tha

I asked you what the employment rate is compared to ethnic british people... how did you register that as me saying anything about marriage? So, do you know the employment rates or not? It's not the end of the world if you do not know and admit it.

Whatever the situation may or may not be in Sweden; this topic is about the UK!

Immigrants to the UK, whether from the EEA or outside it, taken as a whole do pay more in taxes etc. than they take in state benefits and services.

What have the immigrants ever done for us?

What kind of employment rate does middle eastern, south east asians, north africans, central africans, carribeans, indians, pakistanis, chinese etc etc etc have in the UK compared to indigenous british people? I'm asking because surely it should be quiet known that in general some immigrants are just better for a country compared to other immigrants.

An immigrant != an immigrant just as a car != a lorry just because both have wheels.

Naturally people on this forum are thinking along the lines of white man, Thai bride.

Of course the majority of spousal applications are from South Asia followed by sub-Saharan Africa.

There is a large industry of arranged marriages in which settlement in the UK can be sold through a network of brokers. This income hurdle provides the very minimum of protection for the British taxpayer.

Even though the facts show that the vast majority of immigrants are actually net beneficiaries TO the state rather than of it. In other words, that they overall pay in far MORE in taxes and VAT etc TO the state than they take out in benefits. In which case the 'British taxpayer' does not need 'protection'.

Are you really saying that immigrants in UK are aliens compared to immigrants to Sweden? Because immigrants in Sweden has been a deficit since 1980's and the deficit has been around 2% of GDP and in that was not calculated shitton of benefits like social benefits (unemployed yadda yadda), child benefits and housing benefits. All this can be read in a report the swedish government ordered in 2009 and quickly buried (never mentioned it). Lets also not forget that after 10 years in Sweden barely half of immigrants work.

In Sweden the "working rate" has to be about 85-86% for the welfare state to "go around". I have a hard time believing that the rate would be much different in the UK with it's benefits, NHS etc.

I have a Gf who became a Christian in High School and hasnt been back to Church since. Fine with me. My last wife of way to long was a nutter for Buddha and all the phony fanfare. I hope to never ever have anymore houses , cars or businesses blessed. Or fortunes told. .........

Not sure there is a point to going to church as the non-existant "God" seem to care so much about you, yes YOU. Only the Milky way alone have like 200 billion stars (not counting planets) and Milky way is a infinitely puny galaxy in the universe.... but remember... "God" monitors your masturbation.

If you bring any weapon into your home you need to first wrap your head around your ability to take a human life (I doubt most TV member can do that), and second wrap your head around the fact that killing or injuring a Thai National even in the case of home invasion is more than likely going to land you in jail regardless if you use an arrow, piece of rebar, machete, kitchen knife, hammer, rock, or whatever (and I doubt that most TV member are willing to go to jail to protect themselves and family by using lethal force). So your only other alternative is for you, and possibly your family, to become the prey of your attackers in a home invasion and hope the best you survive (I'm not willing to do that).

Best to be judged by three (here in Thailand), than carried to your the crematorium by six (here in Thailand).

I rather sit in jail for the rest of my life and a thai ****tard in the grave and my children are safe... instead of gambling with their lifes and well being by going into a fetal position.

If any parent really is thinking that "hey, i would rather let my children die than go to jail" should really adopt the children to a relative that is less of a ****tard.

And yes, every single person in this world are very much capable of killing someone else under the right circumstances and protecting your children is one of them.

Im of the opinion that some people are paranoid and probably american. Obsessed with weapons and killing intruders.

(sane Americans excluded)

Yes, the sane thing is to brew coffee for the intruder(s) while he/they rape and murder your family. Anything else is insane and racist.

Seems like claims on both sides have already been covered, but to chime in my two kids have both US and Thai nationality and passports.

My understanding, from talking to related staff at the Bangkok American embassy and Thai government staff, and a local immigration lawyer, is that holding two passports and retaining two nationalities forever is permitted by both countries.

I'm not clear on it being required but it seems necessary to only use the Thai passport to enter and leave Thailand, and to always use the same passport entering and leaving other countries so the records and stamps match up.

The original question was about someone changing nationalities, so that really is a slightly different case, but the consensus here seems to be the same applies to immigrants to Thailand that adopted the nationality, but I really have no background with that.

And to my knowledge if you enter Thailand with your thai passport then you are entirely viewed as a thai national and the embassy of your second nationality will NOT help you in any kind of way if you would be arrested etc. Atleast that's the case for swedish citizens with thai citizenship as well.

I can answer my question my self finally:

I ask my friend Who is a high ranking officer In royal Thai police in Bangkok to check for me.

I also ask immigration about this (Even thought they have nothing to do with Citizenship)

They both just come back and say :

1. "No - Thailand do not accept dual citizen ship"...

2. You have to cancel your old citizenship yourself and Thailand do not check..

3. If you get cough with 2 passports you will have to choose which to keep.

I guess no 3. means that they know that people do not cancel origin citizenship

Now question is:

If I get caught at airport with 2 passport, am I then carrying a fake passport??

Sorry to say but your high ranking officer doesn't know the law. Not very uncommon in Thailand for "officials".

It is very much legal to have two citizenships (or even more as my children have three) but only thing you should avoid is showing your other passport(s) when entering Thailand as they (immigration officers) like to <deleted> with thai citizens and use the foreign passport to stamp you in for just 30 days. And they wouldn't just take your passport away from you at immigration as they know what kind of shitstorm that would create in massmedia.

I would guess around 30K baht would be enough for everything incl. insurance.

And don't listen to the miserable bastards on this forum about their "worry or care" for your children related to moving to Thailand nor homeschooling, they are just full of faeces.

Based on what assumption. If you can't afford a really good education for your children ( which is expensive) then you shouldn't be here.

I worried so much I use to work 15 hour days to put my child thru international school..

If you haven't got the money, then stop justifying it as faeces..

Many stay here not because it's better for the child, because it is better for them..

Because they are full of faeces as they have no idea what they are on about when talking about homeschooling.