Will I Be Taxed?

[greenmole]

Hi all,

I've started doing consulting work for a mining company in Laos. I'm using an offshore business to collect the payments, but am considering opening a Thai company so I can start working in Thailand too (I live there).

I earn all the money in Laos, therefore, if I started a Thai company and invoiced to it, would I be liable to pay 30% tax, even though it's not earned in Thailand?

Any help much appreciated.

greenmole

Edited June 20, 2007 by greenmole

[Wekhin]

Yes, the company must pay corporate income tax. It is like you are exporting services instead of goods.

[cclub75]

... Or you could use some special schemes.

A lot of companies are doing this. Even Thaksin !

http://thaicrisis.wordpress.com/2007/06/19...er-is-a-liquid/

[greenmole]

Now that's good.

Cheers mate.