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buying a house in Thai name but from a farang that used company to own land and house


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Depends, are you buying the house from the company or changing who owns the company.

Changing the company directors doesn't involve the land office so no transfer fees and taxes.

 

A straight house purchase from a company has the usual 2-3% transfer and taxes, usually shared between buyer and seller, and a 3% business tax paid by the seller

 

Edited by Peterw42
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5 hours ago, Peterw42 said:

Depends, are you buying the house from the company or changing who owns the company.

Changing the company directors doesn't involve the land office so no transfer fees and taxes.

 

A straight house purchase from a company has the usual 2-3% transfer and taxes, usually shared between buyer and seller, and a 3% business tax paid by the seller

 

Correct. In the second case however, the seller will then sit on an empty shelf company, for which he still has to pay annual taxes, or dissolve it (not cheap) or sell it to somebody else. The seller might not want to sit on these costs while having to share the land office taxes with the buyer (well... I would not want to do that), so this scenario might bring some discussion with it.

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7 hours ago, Peterw42 said:

Depends, are you buying the house from the company or changing who owns the company.

Changing the company directors doesn't involve the land office so no transfer fees and taxes.

 

A straight house purchase from a company has the usual 2-3% transfer and taxes, usually shared between buyer and seller, and a 3% business tax paid by the seller

 

Is there no other taxes to be paid by the company? CGT?

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