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Sunbelt Asia
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Thank you for your useful answer. The term stay permit is the same with non imigrant visa? Because they have told me to travel to Singapore to get this type of visa and then the work permit.It means that I have to go each 90 days to renew it?
Extension of stay permit is given only inside Thailand at Immigration. In most cases a visa is granted at a Thai Embassy or Consulate. What they are asking you to get is a non immigrant visa at the Thai Embassy. The non immigrant visa then can be extended at Immigration if you meet the criteria. If you don't meet all the qualifications, you will need to revalidate your work permit every 90 days by showing your new visa.
www.sunbeltasiagroup.com
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Many thanks for sharing the benefit of all of your hard-won experience. The query I have in my mind is put there by what I read in the "How to get a Thai work permit - New work permit rules May 2002" section here on ThaiVisa. Option 5 says:
Department of Employment Regulations were changed in Oct 2004. The regulations of May 2002 you were looking at are no longer valid for new applicants.
These are the regulations in 2004.
http://www.thaivisa.com/forum/index.php?showtopic=18599
www.sunbeltasiagroup.com
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Thank you! But they have told me they will make the papers for one year.So?
Papers could be for a one year contract. Doesn't mean they are getting you a extension of stay permit. A work permit can be given even with no salary. I have an intern who gets 6,000 Baht per month and has a work permit. We have helped 100"s get a work permit and they only get around 10K per month. 50K salary requirement is only for some nationalities and only for extension of stay permits with Immigration.
www.sunbeltasiagroup.com
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I am in Thailand on a non-imm B visa and WP due to a skilled job with medical lasers but have often wondered of ways of staying in Thailand should my company decide that I was no longer needed in Thailand.
I could not see myself working for a Thai company and certainly not as an English teacher so that would probably limit me to becoming a bar/restaurant/shop owner.
Now I've often wondered how is it possible to have a visa and WP as a bar owner, so I was wondering if anybody could enlighten me as to what type of visa one would get to run a bar and how could you obtain a WP to it as I see it any Thai person could run a bar so I would have thought it would have been on the list of careers that falangs don't need to do ?
Hopefully somebody will be able to enlighten me, TIA.
It is straight forward. We have done many of these for owners. A owner/ shareholder or even a foreign employee of a bar can be the Manging Director of a Thai Limited Company or a General Manager or Manager of the business. You can get a work permit to manage your investment or oversee the investment for someone else. The extension of stay permit based on business has the same requirements if you are the MD,GM or manager of a factory or hotel, etc. Nothing is dodging or have to know someone. If you are an American you can own it 100% in your name with a sole proprietorship or 99.99 % with a Thai Limited Co.
Where people get in trouble is putting it in the gf's name or not getting a work permit.
www.sunbeltasiagroup.com
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Hi
The lawyer's employed by the company I work for recently arranged to renew my work permit in April, rather than when it expires in May. After asking a lot of questions as to why, they finally gave me some reasons. They are, verbatim, as follows:
1) Immigration Dept. will move to Laksi (Chaengwattana Rd.) in May and it may cause you a difficulty getting there.
2) In May, Immigration Dept. will issue more new regulations that will cause more difficulties for a foreigner who extends their visa.
3) If you extend your visa in March your passport it will be stamped "May 23,2009" as your next year's expiration date.
I am assuming 1) to be the case, but has anyone any idea what the changes are going to be in May that will “cause more difficulties for a foreigner who extends their visa”? In addition, I have only ever renewed my work permit in the month it expired. If I renew early, will I get the full year as suggested above, or will the full year start from when (the date) I apply for it (which seems more logical).
John
Since Feb 22nd, already much tougher to get a work permit unless you have 4 Thai employees per wp. Before that date, only Immigration required it. Now the Labor Dept has this requirement as well especially if you are a consultant. Exceptions are made in some cases with SOME start-ups or if you are an export company. But the tide in the ocean has changed with more signatures required by officials to get a work permit issued.
www.sunbeltasiagroup.com
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I had to get a U.S. bank-related document notarized recently for purposes of opening a new account.
Went to Sunbelt Asia's Office in Fortune Town in BKK, and paid I believe 600 baht (per document). They had been advertising their notary service in some publications. Took 15 minutes and I was gone. Sent the document, and no problem in the U.S.
Thanks for the feedback.
Think you may be mistaken on the price. We take pride that Sunbelt Asia charges the lowest professional fee in Thailand for notary services using our notary lawyers. We only charge 350 Baht plus 7% Vat. per document. I double checked with our accounting team and they said they never saw a invoice from one of the notary lawyers for 600 Baht. If you do have such a invoice, I'll be happy to give you the difference back in cash.
Thanks for using our services.
www.sunbeltasiagroup.com
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Can I work (with a work permit, of course) with this kind of visa?
no
www.sunbeltasiagroup.com
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Will try to sneak in another day when Greg is not around to be sure that everything is the same
Thanks for the feedback.
By the way, if you are looking for a time to go when I'm not around, starting Monday night will be good. My wife flies back to Thailand, as she was in Nepal trekking for the last six weeks. I won't be able to stay 100+ hours a week with my Mia Noi ( Sunrise Tacos) like I have been.
For the next couple weeks, you'll find me home looking at pictures of the Mount Everest Camp and the Jungle. :-)
www.sunrisetacos.com
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Summary of Seminar
Subject: Completing the company registration within one day
Lecturer
Mr. Nathee Wiputthakul
Chief of Legal Affairs Division
Department of Business Development, Ministry of Commerce
Date: 16th February 2008
Time: 09.00 a.m. – 12.15 pm.
At Emerald Ballroom, Indra Regent Hotel, Pratunam, Bangkok
This Report was prepared by these Sunbelt Lawyers
1.Ms.Kamonwan Kongsawas
2..Ms.Pannarai Polyapipat
3.Ms.Atiporn Pengchum
4.Ms.Sirinya Jareeprasit
5.Mr.Supahchai Withitopratum
6.Ms.Jaruwan Janya
7..Mr.Noranat Simarat
8.Ms.Nimitporn Pradubchananurat
9.Ms.Wirawan Juman
10.Ms.Kanjanee Jongharn
Proposed changes made to 3 issues of Laws as follows:
1. Act on Additional Amendment to the Civil and Commercial Code (Issue No…….) B.E.2551 (Law on partnerships and companies)
2. Act Prescribing Offense Pertaining to Registered Partnership, Limited Partnership, Limited Companies, Associations, and Foundations (Issue No......) B.E. 2551 (Criminal offense on partnerships and companies)
3. Public Company Act (Issue No.3) B.E. 2551 (Law on public company)
This admendment has been published March 3rd 2008 in the Government Gazette and will become law July 1st, 2008
Reasons to amend the Civil and Commercial Code are as follows:
1. For the convenience in carrying out the registration (reduce the number of promoter, reduce the time for registration, reduce time for advertising in newspaper in case of increasing capital, decreasing capital, amalgamation of limited company and etc., reduce time for the creditor to make an objection) and to transform SME to larger enterprise.
2. To amend the unnecessary and complicated provisions such as amend the referral of contracts and other evidences against third person, to cancel the submission of the Memorandum of Association to the Registrar.
3. To provide protection to the shareholder such as the notification of dividend disbursement to shareholders, to amend the fixed time for sending the notice of summoning of meeting.
4. To reduce the processes of removal the defunct company from the register and to fix the period of time that the company will be restored to the register for longer period, and to make clear that when the removal of defunct company from the register has been done, such company’s juristic person status shall be deemed immediately terminated.
There are 13 matters are proposed to be changed as follows:
1. Certificate of registration of partnership or company (Amend the Civil and Commercial Code, Section 1020 Second Clause)
Old Every person, who has paid the fee according to the ministerial regulation, is entitle to require a certificate of registration of any partnership or company or other document to be issued to him by the Registrar.
New The Registrar will issue or deliver a certificate of registration of any partnership or company or other document to the person who has the interest in any specific partnership or company only (in this case the person who has the interest in the businesses or investment of the partnership or company shall be the partnership or company, shareholder, director, and creditor).
2. Referral to the existence of any agreements or documents or particulars required by Law to be registered against third persons to claim for any advantages (Amend the Civil and Commercial Code, Section 1023 and add Section 1023/1).
Old - The partners, partnership or company is entitled to make the referral when the registration and publication in the Government Gazette has been done.
- However, the partner or shareholder who, and the partnership or company which, before such publication, has received the performance of an obligation is not bound to make restitution.
- But, third persons may take advantage of such existence although such registration or publication in the government gazette has not been made.
- On such publication being made in the government gazette, the registered documents or matters shall be deemed to be known to all persons whether connected the partnership or company or not (Section 1022).
New - The partners, partnership or company is entitled to take advantage of such existence when the registration has been done.
- But, third persons may take advantage of such existence although such registration has not been made.
- The partner or shareholder who, and the partnership or company which, before such publication, has received the performance of an obligation is not bound to make restitution.
- On such publication being made in the government gazette, the registered documents or matters shall be deemed to be known to all persons whether connected the partnership or company or not.
**Defending in court with a third person about use of the authorized power***
Old Will be used for defending with third persons only if when registration and publication has been made in the government gazette.
New The principle is still the same, but it has been stipulated to be clearer that the existence of agreements, documents or particulars will only be used against third persons when it has been registered. However, until the publication will be made in the government gazette, such registered agreements, documents or particulars shall not be used as evidence to defend with third persons that the partner, partnership, company or director has no authorized power in order to avoid from taking responsibility.
3. Number of the promoter and shareholder of a limited company (Section 1012, 1097, 1100, 1237)
Old Number of promoters and shareholders shall be 7 persons at least. If the number of shareholders reduced to less than 7 persons, the limited company may be dissolved by the Court.
New Principle is still the same, but the numbers of promoters or shareholders are reduced to be at least 3 persons. Therefore, when this new Law is effective, the limited companies which have previously been registered will be able to reduce the number of its shareholders to 3 persons.
4. Procedures and required time for company registration (Section 1097-1111 and Section 1111/1)
Old Registration of company consists of 10 phases and will take at least 9 days as follows:-
(1) The promoters agree to operate a business together.
(2) Check the name.
(3) Promoters cooperate in preparing the memorandum of association.
• Name of the proposed company.
• Province where the registered head office of the company will be situated.
• Objectives of the company (scope of businesses to be operated by the company)
• A declaration that the liability of shareholders shall be limited (if the director’s liability will be unlimited, the liability must be clearly specified as unlimited. In case unlimited liability is specified, the unlimited responsibility of such director will be ended after 2 years from the expiration of his period of office).
• Amount of capital, number of shares and value per share which the company proposes to be registered.
• Names, addresses, occupations and signatures of the promoters, and number of shares being subscribed by each of them.
(4) Carry out the registration of the memorandum of association
(5) Share Subscription Form
(6) When all shares of company have been subscribed, the promoters must send a notice to summon the general meeting of subscribers which shall be called the statutory meeting. The notice summoning the meeting must contains all particulars of the businesses to be transacted at the statutory meeting and such notice must be delivered to every subscriber at least 7 days before the day on which the meeting to be held and also be sent to the Registrar.
(7) Hold the statutory meeting.
(8) The promoters assign all businesses of the company to the directors.
(9) Director shall cause the promoters and subscribers to pay each share value.
(10) Carry out the registration of the company.
New If carry out according to phrase 1-9 within the same day, the registration of the memorandum of association and the setting up of the company will be able to be made within the same day. However, it’s conditioned that all of subscribers and promoters must participate in the statutory meeting and give the consent for the businesses being transacted in the statutory meeting (formerly, resolution must consists ½ of all subscribers + ½ of all shares).
5. The printed copy of the memorandum of association and articles of association of the company ( Cancel the Section 1111 Fifth Clause, Section 1147)
Old For the registration of the company, registration of change of the memorandum of association and articles of association, the director must submit to the Registration Office ten printed copies of the memorandum of association and of the articles of association (if any) of the company.
New Cancel the submission of the printed copies aforementioned.
6. Notice of summoning of the meeting of shareholders (Section 1175).
Old Notice must be published at least twice in a local newspaper, not later than 7 days before the date fixed for the meeting, or shall be sent by post not later than 7 days before the date fixed for the meeting to every shareholder.
New Notice must be published at least one time in a local newspaper, not later than 7 days before the date fixed for the meeting AND shall be sent by post not later than 7 days before the date fixed for the meeting to every shareholder. In case of the special resolution, the notice must be published sent by post not later than 14 days before the date fixed for the meeting to every shareholder (and must also be published not later than 14 days before the date fixed for the meeting), and must specify particulars which will be proposed for considering making the vote.
(Remark: Potential Problem: If delivery was really made via a (Advice of Delivery) registered mail, but there was no any notice in such delivered envelope.
Solution: When the advice of delivery has been sent to the recipient, the recipient should go to the police station to request the officer to record in the police’s dairy report while the recipient is opening such mail in the presence of the police who will act as the witness in confirming the existence of the notice whether such notice exists / not exists in the envelope. But, in case of such notice is sent personally by mean of hand-to-hand and the recipient has signed his/her name confirming of receiving such notice, the legal action shall be not required).
7. A way to pass a special resolution (Section 1194).
Old - Special resolution must call for two successive general meetings of shareholders and vote.
- The first general meeting, resolution must be passed by the majority of not less than three-fourths of the votes.
- The subsequence general meeting has been summoned and has been held not less than 14 days and not more than 6 weeks after the former meeting.
- The full text of the resolution passed in the first meeting has been included in the notice summoning the second meeting/ the resolution passed in the former meeting has been confirmed in the subsequent meeting by a majority of not less than two-thirds of the votes.
New Special resolution will be passed by a general meeting of shareholders and has been passed by a majority of not less than three-fourths of all votes of the shareholders who present in the meeting and has the right to vote.
8. Declaration of dividend disbursement (Section 1204).
Old Notice of any dividend that may have been declared shall be either published twice at least in a local newspaper or sent a letter to every shareholder.
New Notice of any dividend shall be made in letter and sent to every shareholder and if there is any share issued to any shareholder, such issuance of share shall be published at least once in local newspaper.
9. Reduction of Capital and Amalgamation of Limited Company (Section 1226 and Section 1240).
Old Reduction of capital
- The proposed reduction must be published in local newspaper at least 7 times.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within three months from the date of such notice, any objection they may have on such reduction.
New - The proposed reduction must be published in local newspaper at least 1 time.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within 30 days from the date of such notice, any objection they may have on such reduction.
Amalgamation of Limited Company
Old The proposed reduction must be published in local newspaper at least 7 times.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within Six months from the date of such notice, any objection they may have on such reduction.
New - The proposed reduction must be published in local newspaper at least 1 time.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within 60 days from the date of such notice, any objection they may have on such reduction.
10. Transforming Partnership into Limited Company (Adding the 12th part in Chapter 4 Section 1246/1 – 1246/7).
Old In order to transform a registered partnership/limited partnership into a limited company, the registration of dissolution of such registered partnership/limited partnership must be made before applying for the registration of a new limited company.
New It has been stipulated that any registered partnership/limited partnership which have the number of partners from 3 persons and more and all partners have given their consent, such partnership shall be entitled to be transformed into a limited company complying with the procedures listed as follows:
(1) All partners must agree to transform the partnership into a limited company.
(2) File a written consent of transforming the partnership to the Registrar within 14 days form the date of such consent.
(3) Publish in local newspaper once at least and submit a notice to all creditors to present their objection within 30 days from the date of notice (in case of the notice has not been published or sent to all creditors, such partnership shall be subject to penalty not over 20,000 Baht).
(4) If there is any objection presented by any creditor, transformation of such partnership shall not be made until the debts or obligations have been performed or warranted (The penalty for an offence under this clause shall be subject to penalty not over 20,000 Baht).
(5) Meeting of all partners shall be held to consider giving the consent on the matters as follows:
(5.1) To prepare the memorandum of association
(5.2) To fix the amount of capital, number of shares and value per each share, and to fix the amount of shares to be given to each partner.
(5.3) To fix the share value which has been paid on each share that must be not less than 25% of value of share.
(5.4) To fix the amount and the status of ordinary shares or the preference shares to be issued and allotted to the shareholders by the company.
(5.5) To consider the election of directors and fix the power of directors.
(5.6) To consider the election of the Auditor.
(6) The managing partner shall hand over the businesses of the partnership to its board within 14 days from the date that the meeting has been held. (The managing partner who offends this provision shall be subject to penalty not exceeding 50,000 Baht).
(7) The Board shall be liable to notify each partner to pay at least 25% of full value of each share within 30 days from the date of notice.
(8) The Board shall apply for the registration of such transformation within 14 days from the date that the payment on each share has been done (Offense shall be subject to penalty not exceeding 20,000 Baht).
11. Result of the transformation.
(1) The former registered partnership/ limited partnership will be dissolved.
(2) The newly set up company will be transferred all assets, debts, rights and obligations of such dissolved partnership.
(3) Debts of the partnership which have been occurred before the transformation shall be firstly performed in accordance with the command of the creditors. If the company can not repay such debts, the creditors may apply for payment to the partners of such partnership according to the range of liability on the mentioned debts that such partner retains during the existence of the partnership.
12. Reduce time needed to Proces for Registration of dissolution of Partnerships/ Limited Companies. (Amended the Section 1253).
Old Publishing in a local newspaper at least twice.
New Publishing in a local newspaper reduced to be one time.
13. Removal of defunct company from register (Cancelled the 11th Part of Section 1246 of Chapter 4 and added in Chapter 6 Section 1273/1-1273/4).
Old (1) Removal can be applied to the limited companies only.
(2) The procedures are listed as follows:
- Letter enquiring whether the company is carrying on business will be sent to the limited company 2 times.
- First time, the company will have one month to answer the registrar’s enquiry.
- Second time, after 1 month and within 14 days.
- After 1 month, the registrar will publish in a local newspaper and send a notice that at the expiration of 3 months from the date of that notice, the name of the company will be struck off from the register and the company will be dissolved.
- Publish the notice of striking off company’s name in the Government Gazette.
- Removal of the defunct company from the register will take 6-7 months.
- Letter of enquiry of Registrar shall be sent by post.
- The removal consists of 2 types as follows:
• While the company has not been dissolved (being existed but is not carrying on business or on operation) and;
• When the company is being wound up (the Registrar has reasonable to believe either no liquidator is acting or that the affairs of the company are fully wound up, and the returns required to be made by the liquidator have not been made for a period of 6 consecutive months after notice by the registrar demanding the returns has been sent by post to the company).
- Result of removal the name of company from the Register shall causes the company to be dissolved when the notice has been published in the Government Gazette.
- Liabilities of the directors, managing officers, shareholders shall be enforced as if the company has not been dissolved.
- The company, shareholders, or creditors may file the application to the Court requiring the name of company to be restored to the Register and thereupon the company shall be deemed as if its name had not been struck off without a limit of period of time.
New - Removal can be applied to both partnerships and limited companies.
- Letter enquiring whether the company/partnership is carrying on the business or on operation or not shall be reduced to 1 times only. Such letter shall be sent by the registered mail and the juristic person must provide the answer to the Registrar within 30 days from the date receiving such letter. After such fixed period expired, the notice stating that after 90 days period expired the company will be struck off the register (This will take 4-5 months).
- In case of the name of the company will be struck off the register during the process of liquidation, it shall have no period of time fixed for the liquidator to submit the report of the liquidation and shall have no registration of the completion of the liquidation. Provided that the letter shall be sent by registered mail to notify the company/partnership to elect the liquidator or to submit the report, or to carry out the registration of the completion of the liquidation within 180 days. If the business fails to carry on such actions, the registrar shall publish in a local newspaper and sent a letter notifying the business that its name will be struck off the register when the 90 days period is expired.
- After 10 years from the date that the company is struck off the register by the Registrar, the business shall be not entitled to file any application to the Court requiring the name of company to be restored to the Register.
- Striking the name of company off the register shall have no need to be published in the Government Gazette.
- Partnerships and companies shall be immediately dissolved when its name have been struck off the register, which is different from the old provision that the partnerships/companies will be dissolved only when it has already registered the dissolution.
- Act Prescribing Offense Pertaining to Registered Partnership, Limited Partnership, Limited Companies, Associations, and Foundations, Section 38/1 which has stipulated the criminal offense for person who uses the name of any partnership/company that has been struck off the register shall be subject to the penalty not exceeding 50,000 Baht and shall be additionally fined at the rate not exceeding 1,000 Baht until such person will stop its usage.
PLEASE NOTE: These notes and interpretation was from ten of Sunbelt Asia's legal staff who was selected to attend this seminar. It remains to be seen if these laws will get published in the Royal Gazette but this gives a Thaivisa member some insight on the atmosphere in the government now. It is obvious they want to make starting a company and closing a company easier for investors.
www.sunbeltasiagroup.com
The amendment was published in the Government Gazette on March 3, 2008 and will be effective on July 1, 2008. Only new change to the above admendment is to item "6" where they now will require BOTH newspaper publication and mail delivery to call a shareholders' meeting once the law is enacted. This is a different direction with the other liberal changes but is very good news for the newspapers. Of course, bad news for companies with the extra advertising cost.
www.sunbeltasiagroup.com
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Sunrise Tacos good food
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OK, how about this one ( aside from the regular does and dont's of trust issues) If I continue my regular non-visa O with my Thai wife, and buy a business, but just keep everything in her name. Does this bypass all the hassles of work extensions, employee numbers and so on ? If we were to buy say a guest house.
It does not matter if the business is in your spouse name or your name to get the permit to stay based on marriage. What you are looking to apply for an extension of stay based on marriage to a Thai national. You don't need Thai employees or a million Baht net equity to get this permit. You have different criteria than a permit based on business.
You are able to get a work permit with this type of permit. If you are working, we strongly advocate getting a work permit. The work permit office does not require a salary of 50K per month like Immigration. ( Depending on your responsibilities... if you will be a executive they may want to see a salary of 30K. However if you will be a gopher, it could be 10K) The Labor Dept will only require in most cases a million Baht registered capital if you are married to get a work permit. You don't need Thai employees as well to get a work permit.
www.sunbeltasiagroup.com
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Get a rope.
Pick up the original. Pick up the Pace!
www.sunrisetacos.com
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I am German, also MD of my company and had for the last two years a monthly income of 50,000 Baht per month and no problems obtaining the extensions at Suan Plu. At which Immigration were you told that it's 60K?
It's always been 50K minimum salary for Germans. With some Immigration offices before Oct 2006, they would require 60K minimum salary per month for UK citizens while other offices required 50K for Brits. Since Oct 2006, the maximum salary required for an extension of stay permit based on business is 50K per month for all nationalities.
Australian and European Citizen and thinking of buying a small business to run.My question I guess is if I purchase a buisiness such as small coffee shop or bar, then how do I go about getting working visa to live there? Is it easier for me to get a visa if I own my own business? or do i need to have one before i can purchase? If anyone can provide feedback of similar experience that would be fantastic!Depends if you do a share purchase or asset purchase.
If you do a share purchase( after doing due diligence of course) you may find that the company has met the requirements for you to obtain a extension of stay permit based on business so you will not need to travel on a multi entry visa . If it has an annual audit that shows net liquidating value of at least one million Baht, higher income than what your salary will be, it has 4 Thai employees per work permit, you then can directly go to the permit stage.
Otherwise you will form your own company and then acquire the assets from the other company. With this method, you will be using your own recently formed company and getting a work permit and multi entry visa.
www.sunbeltasiagroup.com
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can think of three which aren't making money and probably never have from the start - fortunately, management must sort of understand the situation and decided to take the usual Thai way out. Surely the contracts still have a fixed period, do they not?
Some may have a year but that would be the maximum. Most have three months.
Yes I'm interested. Sending a pm to you now.No PM received
You can also ask Ronald who has the details in his/your email.That is weird you didn't get the private message. Ok will resend and ask Ronald.
www.sunrisetacos.com
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Greg, what about Red Snapper Burritos on the new menu for Paragon and Emporium???
as of now the Sukhumvit Soi 12 location has the Red Snapper Tacos and the burrito. Siam has the Red Snapper tacos and should not be a problem to get a Red Snapper Burrito. Everything is there. Just ask for Elizabeth or Pat if the clerk doesn't get it.
I see you're listing Red Snapper as a separate choice under tacos, but not for burrito... Can one still order the fish burrito under Build Your Own???We prepare the fish Tacos in a Baja style with a special white sauce, shredded cabbage and fresh tomato salsa. Some people want to build it themselves but we usally convince them to try it our way first.
Also, what does all this mean for Suk 12.... Things stay the same there...or it shifts too to the new menu approach of the other locations???Sukhumvit will always have more of an extensive menu and party packs. However we will be shifting to just “build your own” options with tacos and burritos. As of now we allow it for most everything. I’m just trying to eliminate all the potential roadblocks as much as possible. With most restaurants if you order #1 you feel good when you get #1. With us they have 12 possible screw-up’s because of the options on order #1.
www.sunrisetacos.com
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I ate at the Sunrise Taco with a friend, the other day and we liked it overall, but we both thought the menu was a bit confusing to a first time customer. I am sure you can dial it in after a couple of visits, but I really don't like to think that much when ordering.
Thanks for stopping by.
After one year watching want people order. I have it pretty well dialed in with want the majority want so at the Siam Paragon, I have made it very simple and its going to get even simpler soon( The new menu board was going up tonight but the printer screwed up somehow so it may be Friday now) Everything is a set menu but will have two choices with build your own options for tacos and burritos.
For instance #1 is Red Snapper Fish Tacos, #2 is Southwest Chicken Tacos, #3 USA Cowboy Tacos, #4 Build your own Tacos, #5 Chicken Burrito, #6 Beef Burrito, #7 Build your own Burrito,
#12 Steak or Chicken Fajitas, #13 Chicken Quesadilla, #14 Grande Supreme Nachos ( Chicken or Seasoned ground beef) #15 Nachos. Dessert choices of Apple, Pumpkin, Strawberry Cheesecake Pie. Only thinking is with #4 or #7 with “build your own"
New Menu coming out at Emporium which will be the same. Of course if someone wants to substitute a meat, or hold some item, we will.
Not sure about this but Food Hall must be coming up on 3 years since opening... perhaps they wish to let a few contracts lapse first? I can think of a couple of them who will rush for the door the first chance they get... and hopefully they will be a bit more selective when allowing new tenants in...They can kick you out anytime after three months so they don't even need 3 years. Your store must have sales or you are out. Their is indeed a waiting list of people wanting to have their brand name restaurant at the Emporium.
BTW, if you need a cake display for the pies, I have one available (along with the rest of my coffee equipment if you want to put in your own somewhere)...Yes I'm interested. Sending a pm to you now.
www.sunrisetacos.com
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Summary of Seminar
Subject: Completing the company registration within one day
Lecturer
Mr. Nathee Wiputthakul
Chief of Legal Affairs Division
Department of Business Development, Ministry of Commerce
Date: 16th February 2008
Time: 09.00 a.m. – 12.15 pm.
At Emerald Ballroom, Indra Regent Hotel, Pratunam, Bangkok
This Report was prepared by these Sunbelt Lawyers
1.Ms.Kamonwan Kongsawas
2..Ms.Pannarai Polyapipat
3.Ms.Atiporn Pengchum
4.Ms.Sirinya Jareeprasit
5.Mr.Supahchai Withitopratum
6.Ms.Jaruwan Janya
7..Mr.Noranat Simarat
8.Ms.Nimitporn Pradubchananurat
9.Ms.Wirawan Juman
10.Ms.Kanjanee Jongharn
Proposed changes made to 3 issues of Laws as follows:
1. Act on Additional Amendment to the Civil and Commercial Code (Issue No…….) B.E.2551 (Law on partnerships and companies)
2. Act Prescribing Offense Pertaining to Registered Partnership, Limited Partnership, Limited Companies, Associations, and Foundations (Issue No......) B.E. 2551 (Criminal offense on partnerships and companies)
3. Public Company Act (Issue No.3) B.E. 2551 (Law on public company)
**** Presently, these laws have not been issued in the Government Gazette yet (latest data on February 20, 2008). Once the laws have been issued in the Government Gazette, the laws will be effective after 120 days from the date of issuance in the Government Gazette*******
Update:
This admendment has been published March 3rd 2008 in the Government Gazette and will become law July 1st, 2008
Reasons to amend the Civil and Commercial Code are as follows:
1. For the convenience in carrying out the registration (reduce the number of promoter, reduce the time for registration, reduce time for advertising in newspaper in case of increasing capital, decreasing capital, amalgamation of limited company and etc., reduce time for the creditor to make an objection) and to transform SME to larger enterprise.
2. To amend the unnecessary and complicated provisions such as amend the referral of contracts and other evidences against third person, to cancel the submission of the Memorandum of Association to the Registrar.
3. To provide protection to the shareholder such as the notification of dividend disbursement to shareholders, to amend the fixed time for sending the notice of summoning of meeting.
4. To reduce the processes of removal the defunct company from the register and to fix the period of time that the company will be restored to the register for longer period, and to make clear that when the removal of defunct company from the register has been done, such company’s juristic person status shall be deemed immediately terminated.
There are 13 matters are proposed to be changed as follows:
1. Certificate of registration of partnership or company (Amend the Civil and Commercial Code, Section 1020 Second Clause)
Old Every person, who has paid the fee according to the ministerial regulation, is entitle to require a certificate of registration of any partnership or company or other document to be issued to him by the Registrar.
New The Registrar will issue or deliver a certificate of registration of any partnership or company or other document to the person who has the interest in any specific partnership or company only (in this case the person who has the interest in the businesses or investment of the partnership or company shall be the partnership or company, shareholder, director, and creditor).
2. Referral to the existence of any agreements or documents or particulars required by Law to be registered against third persons to claim for any advantages (Amend the Civil and Commercial Code, Section 1023 and add Section 1023/1).
Old - The partners, partnership or company is entitled to make the referral when the registration and publication in the Government Gazette has been done.
- However, the partner or shareholder who, and the partnership or company which, before such publication, has received the performance of an obligation is not bound to make restitution.
- But, third persons may take advantage of such existence although such registration or publication in the government gazette has not been made.
- On such publication being made in the government gazette, the registered documents or matters shall be deemed to be known to all persons whether connected the partnership or company or not (Section 1022).
New - The partners, partnership or company is entitled to take advantage of such existence when the registration has been done.
- But, third persons may take advantage of such existence although such registration has not been made.
- The partner or shareholder who, and the partnership or company which, before such publication, has received the performance of an obligation is not bound to make restitution.
- On such publication being made in the government gazette, the registered documents or matters shall be deemed to be known to all persons whether connected the partnership or company or not.
**Defending in court with a third person about use of the authorized power***
Old Will be used for defending with third persons only if when registration and publication has been made in the government gazette.
New The principle is still the same, but it has been stipulated to be clearer that the existence of agreements, documents or particulars will only be used against third persons when it has been registered. However, until the publication will be made in the government gazette, such registered agreements, documents or particulars shall not be used as evidence to defend with third persons that the partner, partnership, company or director has no authorized power in order to avoid from taking responsibility.
3. Number of the promoter and shareholder of a limited company (Section 1012, 1097, 1100, 1237)
Old Number of promoters and shareholders shall be 7 persons at least. If the number of shareholders reduced to less than 7 persons, the limited company may be dissolved by the Court.
New Principle is still the same, but the numbers of promoters or shareholders are reduced to be at least 3 persons. Therefore, when this new Law is effective, the limited companies which have previously been registered will be able to reduce the number of its shareholders to 3 persons.
4. Procedures and required time for company registration (Section 1097-1111 and Section 1111/1)
Old Registration of company consists of 10 phases and will take at least 9 days as follows:-
(1) The promoters agree to operate a business together.
(2) Check the name.
(3) Promoters cooperate in preparing the memorandum of association.
• Name of the proposed company.
• Province where the registered head office of the company will be situated.
• Objectives of the company (scope of businesses to be operated by the company)
• A declaration that the liability of shareholders shall be limited (if the director’s liability will be unlimited, the liability must be clearly specified as unlimited. In case unlimited liability is specified, the unlimited responsibility of such director will be ended after 2 years from the expiration of his period of office).
• Amount of capital, number of shares and value per share which the company proposes to be registered.
• Names, addresses, occupations and signatures of the promoters, and number of shares being subscribed by each of them.
(4) Carry out the registration of the memorandum of association
(5) Share Subscription Form
(6) When all shares of company have been subscribed, the promoters must send a notice to summon the general meeting of subscribers which shall be called the statutory meeting. The notice summoning the meeting must contains all particulars of the businesses to be transacted at the statutory meeting and such notice must be delivered to every subscriber at least 7 days before the day on which the meeting to be held and also be sent to the Registrar.
(7) Hold the statutory meeting.
(8) The promoters assign all businesses of the company to the directors.
(9) Director shall cause the promoters and subscribers to pay each share value.
(10) Carry out the registration of the company.
New If carry out according to phrase 1-9 within the same day, the registration of the memorandum of association and the setting up of the company will be able to be made within the same day. However, it’s conditioned that all of subscribers and promoters must participate in the statutory meeting and give the consent for the businesses being transacted in the statutory meeting (formerly, resolution must consists ½ of all subscribers + ½ of all shares).
5. The printed copy of the memorandum of association and articles of association of the company ( Cancel the Section 1111 Fifth Clause, Section 1147)
Old For the registration of the company, registration of change of the memorandum of association and articles of association, the director must submit to the Registration Office ten printed copies of the memorandum of association and of the articles of association (if any) of the company.
New Cancel the submission of the printed copies aforementioned.
6. Notice of summoning of the meeting of shareholders (Section 1175).
Old Notice must be published at least twice in a local newspaper, not later than 7 days before the date fixed for the meeting, or shall be sent by post not later than 7 days before the date fixed for the meeting to every shareholder.
New Notice must be published at least one time in a local newspaper, not later than 7 days before the date fixed for the meeting, or shall be sent by post not later than 7 days before the date fixed for the meeting to every shareholder. In case of the special resolution, the notice must be published sent by post not later than 14 days before the date fixed for the meeting to every shareholder (and must also be published not later than 14 days before the date fixed for the meeting), and must specify particulars which will be proposed for considering making the vote.
(Remark: Potential Problem: If delivery was really made via a (Advice of Delivery) registered mail, but there was no any notice in such delivered envelope.
Solution: When the advice of delivery has been sent to the recipient, the recipient should go to the police station to request the officer to record in the police’s dairy report while the recipient is opening such mail in the presence of the police who will act as the witness in confirming the existence of the notice whether such notice exists / not exists in the envelope. But, in case of such notice is sent personally by mean of hand-to-hand and the recipient has signed his/her name confirming of receiving such notice, the legal action shall be not required).
7. A way to pass a special resolution (Section 1194).
Old - Special resolution must call for two successive general meetings of shareholders and vote.
- The first general meeting, resolution must be passed by the majority of not less than three-fourths of the votes.
- The subsequence general meeting has been summoned and has been held not less than 14 days and not more than 6 weeks after the former meeting.
- The full text of the resolution passed in the first meeting has been included in the notice summoning the second meeting/ the resolution passed in the former meeting has been confirmed in the subsequent meeting by a majority of not less than two-thirds of the votes.
New Special resolution will be passed by a general meeting of shareholders and has been passed by a majority of not less than three-fourths of all votes of the shareholders who present in the meeting and has the right to vote.
8. Declaration of dividend disbursement (Section 1204).
Old Notice of any dividend that may have been declared shall be either published twice at least in a local newspaper or sent a letter to every shareholder.
New Notice of any dividend shall be made in letter and sent to every shareholder and if there is any share issued to any shareholder, such issuance of share shall be published at least once in local newspaper.
9. Reduction of Capital and Amalgamation of Limited Company (Section 1226 and Section 1240).
Old Reduction of capital
- The proposed reduction must be published in local newspaper at least 7 times.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within three months from the date of such notice, any objection they may have on such reduction.
New - The proposed reduction must be published in local newspaper at least 1 time.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within 30 days from the date of such notice, any objection they may have on such reduction.
Amalgamation of Limited Company
Old The proposed reduction must be published in local newspaper at least 7 times.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within Six months from the date of such notice, any objection they may have on such reduction.
New - The proposed reduction must be published in local newspaper at least 1 time.
- The proposed reduction notice must be sent to all creditors, requiring the creditors to present, within 60 days from the date of such notice, any objection they may have on such reduction.
10. Transforming Partnership into Limited Company (Adding the 12th part in Chapter 4 Section 1246/1 – 1246/7).
Old In order to transform a registered partnership/limited partnership into a limited company, the registration of dissolution of such registered partnership/limited partnership must be made before applying for the registration of a new limited company.
New It has been stipulated that any registered partnership/limited partnership which have the number of partners from 3 persons and more and all partners have given their consent, such partnership shall be entitled to be transformed into a limited company complying with the procedures listed as follows:
(1) All partners must agree to transform the partnership into a limited company.
(2) File a written consent of transforming the partnership to the Registrar within 14 days form the date of such consent.
(3) Publish in local newspaper once at least and submit a notice to all creditors to present their objection within 30 days from the date of notice (in case of the notice has not been published or sent to all creditors, such partnership shall be subject to penalty not over 20,000 Baht).
(4) If there is any objection presented by any creditor, transformation of such partnership shall not be made until the debts or obligations have been performed or warranted (The penalty for an offence under this clause shall be subject to penalty not over 20,000 Baht).
(5) Meeting of all partners shall be held to consider giving the consent on the matters as follows:
(5.1) To prepare the memorandum of association
(5.2) To fix the amount of capital, number of shares and value per each share, and to fix the amount of shares to be given to each partner.
(5.3) To fix the share value which has been paid on each share that must be not less than 25% of value of share.
(5.4) To fix the amount and the status of ordinary shares or the preference shares to be issued and allotted to the shareholders by the company.
(5.5) To consider the election of directors and fix the power of directors.
(5.6) To consider the election of the Auditor.
(6) The managing partner shall hand over the businesses of the partnership to its board within 14 days from the date that the meeting has been held. (The managing partner who offends this provision shall be subject to penalty not exceeding 50,000 Baht).
(7) The Board shall be liable to notify each partner to pay at least 25% of full value of each share within 30 days from the date of notice.
(8) The Board shall apply for the registration of such transformation within 14 days from the date that the payment on each share has been done (Offense shall be subject to penalty not exceeding 20,000 Baht).
11. Result of the transformation.
(1) The former registered partnership/ limited partnership will be dissolved.
(2) The newly set up company will be transferred all assets, debts, rights and obligations of such dissolved partnership.
(3) Debts of the partnership which have been occurred before the transformation shall be firstly performed in accordance with the command of the creditors. If the company can not repay such debts, the creditors may apply for payment to the partners of such partnership according to the range of liability on the mentioned debts that such partner retains during the existence of the partnership.
12. Reduce time needed to Proces for Registration of dissolution of Partnerships/ Limited Companies. (Amended the Section 1253).
Old Publishing in a local newspaper at least twice.
New Publishing in a local newspaper reduced to be one time.
13. Removal of defunct company from register (Cancelled the 11th Part of Section 1246 of Chapter 4 and added in Chapter 6 Section 1273/1-1273/4).
Old (1) Removal can be applied to the limited companies only.
(2) The procedures are listed as follows:
- Letter enquiring whether the company is carrying on business will be sent to the limited company 2 times.
- First time, the company will have one month to answer the registrar’s enquiry.
- Second time, after 1 month and within 14 days.
- After 1 month, the registrar will publish in a local newspaper and send a notice that at the expiration of 3 months from the date of that notice, the name of the company will be struck off from the register and the company will be dissolved.
- Publish the notice of striking off company’s name in the Government Gazette.
- Removal of the defunct company from the register will take 6-7 months.
- Letter of enquiry of Registrar shall be sent by post.
- The removal consists of 2 types as follows:
• While the company has not been dissolved (being existed but is not carrying on business or on operation) and;
• When the company is being wound up (the Registrar has reasonable to believe either no liquidator is acting or that the affairs of the company are fully wound up, and the returns required to be made by the liquidator have not been made for a period of 6 consecutive months after notice by the registrar demanding the returns has been sent by post to the company).
- Result of removal the name of company from the Register shall causes the company to be dissolved when the notice has been published in the Government Gazette.
- Liabilities of the directors, managing officers, shareholders shall be enforced as if the company has not been dissolved.
- The company, shareholders, or creditors may file the application to the Court requiring the name of company to be restored to the Register and thereupon the company shall be deemed as if its name had not been struck off without a limit of period of time.
New - Removal can be applied to both partnerships and limited companies.
- Letter enquiring whether the company/partnership is carrying on the business or on operation or not shall be reduced to 1 times only. Such letter shall be sent by the registered mail and the juristic person must provide the answer to the Registrar within 30 days from the date receiving such letter. After such fixed period expired, the notice stating that after 90 days period expired the company will be struck off the register (This will take 4-5 months).
- In case of the name of the company will be struck off the register during the process of liquidation, it shall have no period of time fixed for the liquidator to submit the report of the liquidation and shall have no registration of the completion of the liquidation. Provided that the letter shall be sent by registered mail to notify the company/partnership to elect the liquidator or to submit the report, or to carry out the registration of the completion of the liquidation within 180 days. If the business fails to carry on such actions, the registrar shall publish in a local newspaper and sent a letter notifying the business that its name will be struck off the register when the 90 days period is expired.
- After 10 years from the date that the company is struck off the register by the Registrar, the business shall be not entitled to file any application to the Court requiring the name of company to be restored to the Register.
- Striking the name of company off the register shall have no need to be published in the Government Gazette.
- Partnerships and companies shall be immediately dissolved when its name have been struck off the register, which is different from the old provision that the partnerships/companies will be dissolved only when it has already registered the dissolution.
- Act Prescribing Offense Pertaining to Registered Partnership, Limited Partnership, Limited Companies, Associations, and Foundations, Section 38/1 which has stipulated the criminal offense for person who uses the name of any partnership/company that has been struck off the register shall be subject to the penalty not exceeding 50,000 Baht and shall be additionally fined at the rate not exceeding 1,000 Baht until such person will stop its usage.
PLEASE NOTE: These notes and interpretation was from ten of Sunbelt Asia's legal staff who was selected to attend this seminar. It remains to be seen if these laws will get published in the Royal Gazette but this gives a Thaivisa member some insight on the atmosphere in the government now. It is obvious they want to make starting a company and closing a company easier for investors.
www.sunbeltasiagroup.com
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I'd second that thought... It's really not a good thing...when two regular drinks end up costing as much or more than one regular meal. And that's what happens, every time we end up getting drinks from La Glace... I'll be happier if Sunrise can offer their own margaritas and other drink there.I also didn't like La Glace who overcharge for nearly every drink they offer, and the only other choice is Whittard & Chelsea's drinks, which are of course expensive but they have a brand...
At Emporium, after the renovations we will have our own margaritas, virgin margaritas, beer, soda and water; the same as we have at Siam Paragon and Sukhumvit rd Soi 12-Soi 14.
When this will happen on the renovations is anyone's guess? At first we had the letter, renovations will start Jan 5th, then April 28th and now it's "Coming soon"
Even though we continue to be #1 in sales compared to the other brands in the Park food hall, I wish the renovations had started on April 28th. The Mall has a very good management team so they must have a good reason for the delay.
www.sunrisetacos.com
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Food Hall needs a renovation bad - that is a completely terrible layout. And they need to learn to stay open until closing time rather than starting to pack up at 8:45. It's gotten so bad that now they're doing it outside in the stalls, as well as in the supermarket. Methinks the Emporium is starting to hurt if it tries to chase people out on time.
The Park Food Hall will be no longer when the renovations start. All restaurants will have their own stand alone concept with seating for only their customer. We were allocated 70 sq.m. for our own seating and kitchen. We then will have our own waiters and we will have our own margaritas.
Last I saw on the drawing plans, MOS Burger will be our neighbor with 200 sq.m.
I laid down the law with my staff at the Siam Paragon the second night we were open. My team was breaking down the equipment at 9:30 p.m. I insisted that they stay open till 10:00 p.m. and the staff insisted I would be fined 1,000 Baht, if I was not out of the space by 10:00 p.m.
I want to serve the last customer till 10:00 p.m. and said. “I get fined, I get fined but I'm serving till 10:00” Since then we have stayed open till 10:00 every night. Staff leaves at 10:30 after cleaning up and I have not been fined once. I found out since then, the fine is serving food or drink after 10:00 p.m. but of course some staff has selective hearing.
Will work on the pies asap for the Emporium.
www.sunrisetacos.com
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I agree. The aircon could use some help. A bit too warm in there sometimes.
Was fixed last week . Had to wait till the aircon guys got back from Chinese New Years. Sorry for the inconvenience.
Key Lime Pie in a Mexican restaurant?Started with Pumpkin pie at Thanksgiving and has gone up from there. Not Mexican but neither is hard shell ground beef tacos or nachos. The key lime pie does get the "OOOHHHHs" and " AAAAAAAAHHHHHHHs"
have eaten at Sunrise tacos many times, and though the quality is usually good, it is hit and miss and not very Mexican tasting really.Thank you for stopping by many times. We hope everytime in the future is a hit.
We go after the mass market and cater to as many of our guests desires as we can. Not many Mexicans in Bangkok so we need American versions of Mexican food as well. So many ways to cook Mexican food, even in Mexco itself and why we have “build your own" concepts with tacos and burritos. One of the reasons why seasoned ground beef is so popular at Sunrise because it’s a American thing.
On the other hand we have a good number of Mexican friends that will have a warm soft corn tortilla with barbacoa, cilantro, chopped onions and the Sunrise Salsa.
For instance, last week, case in point...
We catered the Foreign Correspondents Club of Thailand as they had a Contemporary World Cinema night showing Luis Estrada's La Ley de Herodes (Herod's law), courtesy of the Mexican Embassy. The Ambassador was there as well and he was enjoying our tacos. He is a frequent visitor of our restaurant.
On Wednesday, Feb 13th I got an e-mail from a student named Claudia with this excerpt... "As a Mexican I have tried some tacos here in Bangkok, but I found yours very good, and very close form the once my mom use to cook for me."
As you are a frequent visitor, you are aware we continue to get crowds at our restaurants every night of the week. They are from many nationalities but one guy last night stood out. He was from Fort Worth, Texas and was shaking my hand like a jack hammer, he was so excited and said “That was the best burrito I ever ate in my life. " I hope every burrito gives my guests the same happiness as he had.
www.sunrisetacos.com
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unfortunately you're not selling the pie in the Emporium branch - I went looking.
Sorry for not having any pie at the Emporium. I would like to thank you for stopping by.
We have Apple, Pumpkin and Strawberry Cheesecake pie at the Siam Paragon branch (No key lime Pie because of limited freezer space). I was waiting to put pies in the Emporium branch till after April 28th when the Food Hall was to be renovated. However today I got a letter; they have put the new concept on hold. As the letter goes on to say, they don't know when the renovation of the food hall will ever start, I will bite the bullet and put up the new menu board now. Look for pies in a week there. I will send you a pm when they are there.
www.sunrisetacos.com
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If this is correct, do I also need to show 400,000 baht in the bank?
If you meet the criteria of 40K per month, yopu don't need the 400K in a bank.
The grandfather clause does exist but depends on the Immigration office if they follow the regulations in the Police Order. Just depends on their interpretation. Our lawyers always ask for a higher ranking officer if the officer has a new interpretation of the Police Order.
www.sunbeltasiagroup.com
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Went into Sunrise late last night for a bite to eat - A great place!!
The food was excellent, highly recommended. First time i have been in the sitdown area and thouroughly
enjoyed it...
As for the Key Lime Pie...I had one slice and ended up buying a whole pie to take home..
Greg says they will last for a couple of months in the freezer...i will be lucky if mine lasts for a couple of days!!!
Cheers
Chris
Thanks for taking the time to post Chris. The keylime pie is going head to head with our homemade Apple Pie now.
Funny thing happen this afternoon. jA woman stopped me and said "I have a bet with my husband, where are you from? " When I responded with Florida, she started screaming "Yes". She had ate the keylime pie and based on how good she felt it was, had surmised I was from Fla and made a bet with her husband.
So Chris, any pie left?
I have ate at Chris place " Oh My Cod... very good fish and chips near Khao San Rd.
www.sunrisetacos.com
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I really enjoy sunrise taco, but seem to have the worse luck with them. I used the chefxp delivery, ordered the fajita but the manager forgot to check the order apparently and the tortilla were forgot. . Anyway waiting another hour for them to be delivered
Very sorry bout that. I was there when Chefxp called. It was not their mistake. It was ours. Will never happen again, at least with that clerk, I let her go after it happen. Even though I'm short of staff with the additional expansion to Paragon and being non stop busy. I'd rather be more short of staff than have mistakes happen like this again and hear " I forgot".
She screwed up another order the night before... customer ordered 12 crispy taco shells and she sends only three shells. She had the nerve to say " At least I sent the other part of the order, the dozen flour tortillas." Since this order, and letting her go. All orders ( well over 50 deliveries) have been good to go for the last 24 hours. My only regret was not biting the bullet and letting her go sooner. My mistake.
A fair number of Mexican food lovers that have lived in California, Arizona, Texas and Mexico have stated that Miguel's food would be acceptable eating even back in the heart of Mexican cuisine country.Miguel's is good. I must say however we as well get the same comments about Sunrise Tacos. Countless times, every night, I'm told " I'm from Texas" "I'm from L.A", " I'm from ....", etc " and I know good Mexican food and this is great. Thank you for having this restaurant here" Many times I'm ask " is this a franchise from the States" so for quite a number of people, we fit in with what they are used to in the States. Any regular to Sunrise, I'm sure has either overheard comments from other tables like this or said it themselves. We do our best so always nice to hear when you make a persons life a little better in Bangkok.
www.sunrisetacos.com
How Do Bar Owners Get A Visa And Wp ?
in Jobs, Economy, Banking, Business, Investments
Posted
If you are a sole proprietorship as a foreigner, you do not need to register for Vat until your sales reach 1.8 million Baht just like a Thai businessman.
May of been the case a number of years ago but all of our alcohol distributors charges Vat which they are required to do.
Its hard to generalise like this as I can show you Thai bars or restaurants that charge Vat and I can show you foreign bars or foreign restaurants that are in the Vat system as well. The same as some Thai bars don't charge and some foreign bars don't collect Vat as well. Its simply not black or white.
But I understand your point with SOME outlets . At the end of the day its up to the businessman, how he wants to conduct himself.
If you use vendors that collect Vat and you do not collect Vat from your customers. You are giving up around 4 %. No reason if you are a legitimate businessman not to charge Vat if you are in the VAT system and give this 4% up. IMHO, If you have a better atmosphere than other places, people won't stop coming to your place over 70 Baht on a 1,000 Baht Bill.
www.sunbeltasiagroup.com