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Business Set-up & Expat Work Permit

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According to Thai Visa Website a work permit can be obtained via the following method:

1. Working for an establishment with a registered capital of at least 2,000,000 Baht. One expatriate can be hired for every 2,000,000 Baht of capital but not more than 10 expatriates.

Supported Document:

The Certificate of juristic person registration with a fully paid-up capital not less than 2,000,000 Baht and a copy of the list of shareholders (Form Bor-Or-Jor 5).

Financial statement with an initial working capital not less than 2,000,000 Baht certified by a certified auditor And after deduction of debts, loans and other expenses, the establishment must have assets as cash or bank deposit not less than 2,000,000 Baht.

Account transaction to proof cash transacting in the bank for business transaction in the amount not less than 2,000,000 Baht.

I thought every established business employing expats had to employ at least 4 thai nationals.

Can someone clarify this for me please. :o

Cheers

OutOfThisWorld

I thought every established business employing expats had to employ at least 4 thai nationals.

It is not required for a Thai Limited Company to employ four Thai employees in order for a foreign employee to get a work permit.

It is a requirement for most Limited Companies to have 4 Thai employees per foreign employee, if they like to apply for a foreign employee to get a extension of stay permit based on business.

www.sunbeltasiagroup.com

  • Author
I thought every established business employing expats had to employ at least 4 thai nationals.

It is not required for a Thai Limited Company to employ four Thai employees in order for a foreign employee to get a work permit.

It is a requirement for most Limited Companies to have 4 Thai employees per foreign employee, if they like to apply for a foreign employee to get a extension of stay permit based on business.

www.sunbeltasiagroup.com

Thanks for the reply....

So, if I set up a Limited Company.....I could employ myself without having to employ 4 thai nationals.....and get the required B visa and work permit.....???

:o

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