Jump to content

tramirez

Member
  • Posts

    10
  • Joined

  • Last visited

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

tramirez's Achievements

Rookie Member

Rookie Member (2/14)

  • 10 Posts
  • First Post
  • Conversation Starter
  • Week One Done
  • One Month Later

Recent Badges

0

Reputation

  1. As a Thailand resident if I open a transferwise account using my thai address, will this account be considered domestic or offshore? As far as I know Wise (Transferwise) has no venue in Thailand and their main locations are in Belgium or United States. This question is important to define tax liability. As you know there is a big difference if you transfer earnings to a local account or an offshore account. Thank you in advance for sharing your opinions.
  2. @jasonsamui I think neobanks can fix the issue for HK nowadays. Like => airwallex.com Moreover there are agencies like sleek.com or osome.com that are great partners for HK offshore entities. But you are right, not sure if HK is attractive jurisdictions because of extra fixed expenses like the annual audit report. Also Dubai can be interesting to consider or US single member LLC. Will explore.
  3. Thanks. Yes, in case I make that decision I will make sure it's cost effective. For now, I was just curious about how the offshores are seen in Thailand.
  4. Thank you so much. All clear. Yes I am resident here, but I can decide when to remit profit to my thai bank account. If I need to wait some months to take advantage of that rule, I can do it. Its sounds good.
  5. I live and work in Thailand (work permit) and I was planning to register and offshore company in HK. Since I will never go to HK and my company will be entirely managed from myself in Thailand, will Thailand impose any tax obligations for this company? Maybe this company will be considered as thailand tax residence for the only fact that I live here? Its just an online business, so there is obviously no office here in Thailand. I just need the offshore to collect income from Google Adsense and offer some in app purchases, that's it. No material products. No employees. No office.
  6. Does anyone know a law firm here in Bangkok that can provide CLEAR advice on this matter? I'm a software developer. I don't think my work is under that list of prohibited jobs... Fun fact is that I would also like to locl taxes on my income (through the personal tax return) ... I bet thailand will be happy about that. I was just hoping not to start any sole proprietorship or anything like that. Moreover I am not from US.
  7. So basically if someone works for a company in this country, he can't do anything else for making money on his free time? Its sounds so weird that there is no alternative.
  8. I have a regular WP as mobile app developer. I'd like to do some extra work on upwork (not for my thai company) and I'd also like to comply with the local rules and pay taxes on it. Upwork usually requires a billing address and releases invoice on it. Is it ok if I use my thai address and declare that income on the personal income tax return? Or the law does not allow to do extra freelance work even if you have a WP?
×
×
  • Create New...