What they fail to mention is that in January of this year the taxes for foreign owner business increased 100 percent but wait it gets worse. Used to be that the value of your Thai company was based on the underlying asset ( such as the land that your home is on) but that formula has changed and I was assessed the total value of the company ( land plus house plus bank balance ) so my effective taxes went up 250 percent compared to last year. I suspect their little 40 million baht minimum investment scheme will become the "cost basis" for tax purposes. Run Forrest run !