Sunbelt Asia

An employee cannot be fired for going to another job interview. If your friend did not get severance then she is due it, please feel free to contact us via PM or email as Sunbelt can help make sure she gets what she is owed.

[sunbelt][/sunbelt]

If negotiation with the administrator does not work then you will need to go to the police to file a criminal complaint against the school administrator, if you do not speak Thai or wish to have a lawyer with you, we can help you file the complaint, our professional fees for this service are 3,000 Baht. Please contact us directly either via email or Personal Messenger if this is the route you wish to take.

[sunbelt][/sunbelt]

It’s that time of the year again for food and fun! The American Independence Day celebrations will be held 12:00 noon till 8 pm on Saturday, July 7 at KIS (Knowledge Inspiration School) in Huai Kwang, located at Pracha-Utit Road, Kesinee Ville. There is no parking at the event but you may use public transport to the FREE shuttle running all day to/from the Huai Kwang MRT station. The USA’s Independence Day Celebration is one of the funnest social events on the American expat community's calendar!

American Rock, Blues and Folk will play all afternoon, provided by Bangkok Soul Jets, Lovebone, Mekong Dr. Blues and the Groove Junkies, Peter Driscoll & The Cruisers, Soi Dogs Blues Band, and Wildside, so come down and get funky! Or join in family games like the egg toss, 3 legged races, bingo, watermelon eating contest and tug of war. Kids will have a great day with face painting, clowns, a giant wave slide, a rodeo bull, cotton candy and popcorn.

A full BBQ with real American hot dogs, burgers and ribs, along with the famous apple pie from Sunrise Tacos and ice cream from Dairy Queen and an American Beer selection will be provided. While Sunrise Tacos, Anantara Bangkok Riverside, Roadhouse Barbecue, and others will be there to make sure you are happy and full! The 4rd Annual I-Day Chili Cook-Off always brings out the best amateur chefs and if you think your 5-alarm chili is the best then sign up for the contest and put it to the test. The US Marines will be there to raise Old Glory and help us to salute the Red, White and Blue. The event is always fun and a great place for friends and family of all nationalities to enjoy a traditional American celebration.

Entrance tickets can be purchased in advance from AMCHAM and at all AMCHAM events (200 baht) or on the day at the event for 300 Baht. Children under 12 are free. Please visit www.amchamthailand.com/ for further details or Kittie at 02-254-1041 Ext. 226

Children under 12 are free.

This kind of business would fall under the Foreign Business Act and unless you are American and can apply for Amity, or apply for Boi or as the branch of foreign company it is not likely that you would be able to have majority foreign ownership.

It is also important to note that It is getting increasingly difficult to obtain a work permit on a sole proprietorship outside Bangkok and in Bangkok the Labor Office will not issue a work permit to a sole proprietorship or partnership at all. In Bangkok if you wish to obtain a work permit you must go the Limited Company route. And given that changes in policy do move to the provinces sooner rather than later, if you are not located in Bangkok you should consider setting up a Limited Company anyway as the policy is bound to change.

[sunbelt][/sunbelt]

If you no longer work at a job then you need to go to the Labor Office and cancel it, if you have a work permit through your own company you will also need to cancel it when you close the company down. Sunbelt Asia charged 1500 baht in professional fees to cancel your work permit

If you have any questions feel free to PM us or give us a call.

[sunbelt][/sunbelt]

You cannot withhold wages owed for work already done, but you are not required to pay them for time they have not worked

[sunbelt][/sunbelt]

Hi macan

It is possible to convert retained earnings to registered capital, Sunbelt Asia has experienced legal advisors and accountants that can help you do this process painlessly. Please feel free to contact us either via PM or email with any questions.

[sunbelt][/sunbelt]

Hi Pete

We had a client that started this type of security company around 8 years ago. It only lasted less then a year before closing as he had limited success finding clients which seemed to be mostly Embassies and Hotels. Perhaps the timing was wrong, or perhaps he didn't have the marketing skills to find the right clients.

Feel free to email us to set up an appointment for a free consultation if you would like to discuss what it takes to set up a company to engage in this business.; legal at sunbeltasia.com

[sunbelt][/sunbelt]

There are no limits to the amount of foreign currency you can bring into Thailand but you must each declare any amount exceeding US$20,000 to Customs on arrival to be permitted to take the money out of Thailand later. You cannot take out more than the equivalent of 50,000 Baht without clearing it first. The UK generally requires that you declare any amount over 10,000 Euro that you are taking out of the country.

[sunbelt][/sunbelt]

This company offers Food and Beverage ventures a way to present their services and delicacies through a complete and detailed online directory. The concept is based on the idea that most people have become immune to standard advertising and get influenced by their peers through social networks and community websites or the marketing principle of ‘word of mouth’. This company offers the perfect advertising solution to local Bars and Restaurants by creating an online community to qualify new customers and keep in touch with them through newsletters, vouchers, videos, offers, and reviews.

Network traffic figures have been growing over the past two years to around 11,000 unique visitors per month totaling over 45,000 page views. A registered user database of 4,000 entries has been built-up and the venture has generated sales of 1,200,000 baht over the past year through different advertising packages offered to their clients.

Overheads are kept to a minimum with some minimal hosting expenses and a payroll of 75,000 baht for the three full-time staff, and so cash flow is safely being generated. The owner is already running other business ventures now taking most of his time and would rather put this one on the market for a suitable buyer to run.

Asking price: 1,500,000 baht.

(BKK14342)

WORK AND STUDY TRAVEL BUSINESS

This education business offers programs such as work and travel in the USA which provides bona fide foreign post secondary students an opportunity to work and live in the United States while they study. They also provide internship programs for foreign professionals to come to the U.S. and gain exposure to American business pratices, this program can also send people to Australia. The business provides Au Pair positions for people living with carefully screened familes in the U.S. and U.K. English courses are available for those needing to improve their English fluency.

The business was established in 2010 and has taken in no less than 1 million baht in net income since then. There are 3 full time employees with a total salary of 80,000 baht. Rent on the 90 sqm building is 50,000 baht a month and the lease contract expires in 2014 with an option for renewal. The company is included in the asking price.

More detailed information will be disclosed by the seller to a serious buyer.

ASKING PRICE ; 5 million baht

(BKK14341)

Fine French Restaurant in Bangkok

The owner of this well reviewed fine French restaurant is looking for a quick sale of this successful restaurant . The restaurant has received good reviews in top rated magazines and has been featured in publications both in Thailand and overseas due to its unique, romantic atmosphere in a beautiful old home surrounded by landscaped gardens with a pool and fountain.

The premises is located in a busy area easily reached and offers fine dining and delicious French food prepared by a French chef in either the lovely house, garden or private rooms. The restaurant has 20 parking spaces and the land area allows for plenty of room for expansion if wanted. The 240 sqm restaurant seats 70 people and has two private rooms. The large 2400 sqm area, including gardens has a monthly rent of 150,000 Baht with 11 years left on the lease. The restaurant is a very popular draw for diners in this busy location. The business has 14 employees with a monthly payroll of 230,000 Baht. Annual receipts reach 14 million Baht in a year. The asking price includes all equipment and fittings in the kitchen and dining area. The new owner can change the concept of the cuisine or continue with the current menu and earn money from the first day

ASKING PRICE: 8,500,000 BAHT

BKK 14340

If your Managing Director will also be Thai then you do not need a work permit but if you plan on signing documents for the company and acting on its behalf then you will need a work permit. You can get one if you have 2 million Baht in capitalization (or 1 million Baht if your wife is Thai) and four Thai employees. You cannot get a work permit on a retirement extension

If you are located in Bangkok please feel free to contact us to make an appointment for a free consultation to discuss your plans

[sunbelt][/sunbelt]

That is correct, the tax liability is zero

[sunbelt][/sunbelt]

Charges depend on the amount of the lawsuit

If the amount is less than 300,000 Baht then the Court fees are 200 Baht

If the amount of the suit is more than 300,000 Baht then the fee is 2% up to a max of 200,000 Baht

If the lawsuit is for more than 50 million Baht then the fee is 0.5% with no maximum fee.

[sunbelt][/sunbelt]

There are no licenses or exams for realtors in Thailand.

Your best option, as an American, is to set up a company under the Amity treaty. This will enable you to retain full control over the company and you can make your wife the signing director so that you do not need a work permit. An Amity company does require 3 million Baht in registered capital.

Alternatively you can set up a Thai Limited Company. Three shareholders are required and at least 51% of the shares must be owned by Thai nationals. Sunbelt Asia offers a preferred share set up option. There are two tiers of shares; Preferred shares and Ordinary shares. Ordinary shares carry 1 vote for every share and Preferred shares carry 1 vote for every 10 shares. This would enable you to retain voting control over the company.

If you have any more questions please feel free to contact us via email or PM

[sunbelt][/sunbelt]

Closing down a partnership follows the same basic requirements of closing a company.

Closing it down as a foreigner is a one month process, simply going backwards following all the steps accomplished to open it in first place, and clearing records such as VAT ID and other company registration elements. As government fees include 4,000 baht for closure and a newspaper announcement, most lawyers will charge about 25,000 baht to undertake such closure on which you need to add 15,000 baht to be settled to the accountant to prepare and submit a closure audit. Together with associated traveling fees and taxes a company closure should average 50,000 baht, if the dormant company does not hold any licenses, work permits, or other records to be cancelled.

Still, from an accounting point of view the closure audit which spells out the business operations between the start of financial year and the point of time it will be closed, cannot be filed if any late audits have been left outstanding. Those will need to be caught up in order to clear the records and close the company. Audits must be up to date.

Sunbelt Asia has extensive experience closing down companies and parterships, feel free to contact us for information

[sunbelt][/sunbelt]

Staff paid on a monthly basis should receive no less than 9,000 Baht a month for a 40-48 hour work week.

[sunbelt][/sunbelt]

Yes, you can have a work permit with one company and still be involved in business in another one. If you wish to have a work permit for the second company you will need to obtain a letter from your current employer on letterhead and the second work permit will be added into the back of your current one.

[sunbelt][/sunbelt]

Legally you need to add the second address to your work permit and you should always have the original on you when you work. The Labor Office may or may not check and they may or may not accept a copy but to be totally legal you should just add the second address. Sunbelt Asia can provide this service for you if you want to get in touch.

[sunbelt][/sunbelt]

It is legal for a foreign company to hire Thai employees so long as they contract with a firm to do payroll and withholding tax.

There is a registry of businesses in Thailand but the register is in Thai. Sunbelt Asia can do a search for you if you wish to contact us.

[sunbelt][/sunbelt]

He could apply for a temporary work permit at the Labor Office where he planned on helping, with a sponsorship letter but as he is not licensed to practice in Thailand he would only legally be allowed to work as a consultant.

[sunbelt][/sunbelt]

Thailand's Labor Laws are applied equally to foreigners who are working legally in the country, either overtime, severance pay or other issues covered by the Labor Act.

[sunbelt][/sunbelt]

Apologies for the delay in response, I missed seeing this one.

It is only possible to have the address in your work permit if the address is either a branch office or if the employer has a contract with that company.

[sunbelt][/sunbelt]

There are no inherent advantages in it being fully Thai owned and if you are an investor you would be better off opening a Limited Thai company with you as a shareholder to offer you some protection.

Our fees are 2500 baht, with government fees of 5500 for a million Baht company. 1500 for misc fees, add 3000 if you want shareholers book and certificates and 3,000 for social fund registration.

There are other fees involved were you to open a Thai Limited company in which you were a partial shareholder, feel free to contact us for a free consultation, offices will be open this week before the Songkran holidays.

[sunbelt][/sunbelt]