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NightSky

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Posts posted by NightSky

  1. 49 minutes ago, PatOngo said:

    My baht salary is looking better by the day!

    Why if you are using it in Thailand?

     

    prices will eventually increase for all local goods and products that are made using any kind of imported goods.

     

    it’s not good for you either unless your prized Thai salary is enough to make overseas investments.

    • Like 2
  2. 6 hours ago, daveAustin said:

    That was its intended purpose, to sow growing discontent + they're trying to keep tabs on the bad boys remember :tongue:. I would keep your heads down, chaps. 

    Exactly, I have s feeling this would simply be used as an opportunity to say ‘do as we say and get in line.’

     

    its a military dictatorship we are dealing with remember, best buddies with other world dictators.

    • Confused 1
  3. 28 minutes ago, bigginhill said:

    This is purely a theory question, just for the sake of it... 

    Is the director sso payments a no go just for farang?

    Secondly, an employee who finishes work after 1yr and younger than 60 can opt in to the sso voluntary payments, thai and farang. Should they continue to become a company director, could they continue to pay voluntary sso? 

    Not suggesting for you, but curious if someone knows the answers.

    After 2009 I would guess they dont allow you to be in the social fund when you become an owner/director of a company even if you were in it before. But if you keep paying who would know?

     

    Race or nationality has nothing to do with it. At that point they expect you to pay for your own extortionate insurance.

    • Thanks 1
  4. 19 hours ago, Moonlover said:

     

    You have read correctly. Madam Moon and I were married in Bangkok 5 years ago. But we were able to get a KOR 2 from an Amphur in a small town in rural Issan.

     

    It's a simple process that only took about 30 mins. (and 400 THB)

     

    Good luck with the re-app @maybefitz

    Mine was 20 baht also

     

  5. 3 hours ago, Prince77 said:

    Being a shareholder and director here since 2005 I presume that I am still applicable to the benefits of social security. I have a social security card (never used) and still pay-in every month, further I received a statement indicating my retirement schedule once I am applicable.

     

    One poster mentioned earlier that there was a change of this act in 2009: everybody who paid-into social security before 2009 is still applicable - those starting to pay-in after 2009 are not applicable.

     

    That doesn't help those of us who registered a business working as a director after 2009.

  6. 19 hours ago, Eric Loh said:

    Expect that number to dwindle down to oblivion and soon forgotten. The police don’t seem to have any success in convicting any bombers except in the Deep South. The 2016 bombings in 5 locations that resulted in fatalities have all but forgotten with no one convicted. The Erawan bombers are still in court with no sentencing for next couple of years. As usual the police will have scores of suspects picked up at random to give the image of top notch efficient police work. They will soon be released for lack of evidence. Always the case. 

    12 bombers..

     

    ..why do you say only 9 bombers..

     

    its only 5 bombers...

     

    2 bombers...

     

    gone

     

    ...what, where, when..?

     

    solved

     

    next!

     

    ????

  7. 47 minutes ago, bigginhill said:

    Re an old thread of yours, is it feasible to transfer the company to the family members, making your wife the director, and you become an employee. Pay the social fund for a year, so that then you can opt to stay on it when the company is closed/transferred. 

    May help you with the social fund and your wife with the mortgage. 

    I have no idea if financially if it makes sense.

    I did think around those lines and although legal on paper it might be seen as trying to manipulate the system?

     

    My Wife would also lose her social fund eligibility as director and owner so not really feasible.

     

    For other reasons I wouldn’t want to involve her family to that extent to make them sole owners for a year either.

     

    I like your way of thinking through the possibilities though.

    • Thanks 1
  8. Im on a Non O extension with a Thai spouse and I have a Thai company registered since 2014, fully accounted for and audited every year and I have a work permit linked to this company.

     

    My wife is an employee along with a couple of other family and friends who are employees however the business previously had me exporting and managing marketing projects although now Im not doing this and I cant see the benefits of paying for the maintenance anymore.

     

    Im not working here any longer other than answering my phone once a week/or month to check on my overseas businesses and investments and most of my time that I spend at my home office desk these days is reading the news and posting on ThaiVisa. 

     

    The only downside will be handing in my work permit that I needed to show once when I registered my drivers licence and my wife will need to find a new employer. Although if she doesn't find one I'm wondering if this would be detrimental to her renewing her mortgage deal in a few years time and if we decide for her to apply for a UK settlement visa any time in the future? 

     

    Keeping the company solely for these reasons and not needing a work permit doesn't seem practical for me now although if it helps I would keep it operating. 

     

    Also if anyone is interested in acquiring the company at no charge to support a work permit I am willing to show audited accounts and for us to meet with my accountant to transfer the details. it is a very straight forward business that is shown in the audited accounts. It would save me the cost of closing it and save you the cost of setting one up. PM me if interested.

     

     

  9. On 8/2/2019 at 3:04 AM, pegman said:

    It also had an empire where the sun never set. That was then and this is now. The U.K. is screwed whether you want to whistle by the graveyard or not. One thing that will never, ever change is the arrogance of the English. "We're English, we'll just hoodwink the Wops, Frogs & Kreuts."

    From reading history books the so called empire was a financial burden on the uk not a cash cow, wasn’t it?

     

     

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