TommyGun Posted July 27, 2007 Share Posted July 27, 2007 Hi I have a small business in the UK which i have put on hold for the last 12 months, mainly because i have been here in Thailand for that time. What i want to know if anyone can tell me. Is it possible to run my business in Thailand, but keep my trade target customer area in Europe, mainly the UK. Also, as my suppliers are from the UK would this have an affect. I'm only thinking from a tax point of view. I understand the implications of having to have Thai partners but that isn't a problem. My suppliers have been loyal to me as i have to them for about 12 years, so if anything should happen they would pull the plug. As far as payments are concerened, they would be made via the website mostly. On occasion i would have to return to the UK to handle a project. I specialise in high end smart home technology. AMX, Crestron, Lutron, Lexicon etc. Link to comment Share on other sites More sharing options...
captainstabbin Posted July 29, 2007 Share Posted July 29, 2007 HiI have a small business in the UK which i have put on hold for the last 12 months, mainly because i have been here in Thailand for that time. What i want to know if anyone can tell me. Is it possible to run my business in Thailand, but keep my trade target customer area in Europe, mainly the UK. Also, as my suppliers are from the UK would this have an affect. I'm only thinking from a tax point of view. I understand the implications of having to have Thai partners but that isn't a problem. My suppliers have been loyal to me as i have to them for about 12 years, so if anything should happen they would pull the plug. As far as payments are concerened, they would be made via the website mostly. On occasion i would have to return to the UK to handle a project. I specialise in high end smart home technology. AMX, Crestron, Lutron, Lexicon etc. If you can opererate you UK business whilst based in Thailand - keep it there! There is absolutely no benefit or reason to relocate its registration to LOS. In fact it would be madness. Link to comment Share on other sites More sharing options...
LivinLOS Posted July 30, 2007 Share Posted July 30, 2007 Or move the whole thing to an offshore jurisdiction.. Link to comment Share on other sites More sharing options...
TommyGun Posted August 23, 2007 Author Share Posted August 23, 2007 HiI have a small business in the UK which i have put on hold for the last 12 months, mainly because i have been here in Thailand for that time. What i want to know if anyone can tell me. Is it possible to run my business in Thailand, but keep my trade target customer area in Europe, mainly the UK. Also, as my suppliers are from the UK would this have an affect. I'm only thinking from a tax point of view. I understand the implications of having to have Thai partners but that isn't a problem. My suppliers have been loyal to me as i have to them for about 12 years, so if anything should happen they would pull the plug. As far as payments are concerened, they would be made via the website mostly. On occasion i would have to return to the UK to handle a project. Hi phil please stop white about me and my son i dont want to get any help from you I specialise in high end smart home technology. AMX, Crestron, Lutron, Lexicon etc. If you can opererate you UK business whilst based in Thailand - keep it there! There is absolutely no benefit or reason to relocate its registration to LOS. In fact it would be madness. Link to comment Share on other sites More sharing options...
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