Zendesigner Posted June 26, 2003 Share Posted June 26, 2003 looking for farang based IT biz that needs a IT Consultant. Hello , i'm looking for a job in thailand. I currently am an ###### for a belgian it company. in my capacity i work as a pre sales consultant, it architect and supervise 5 technicians in their daily routine. I have my own buisiness in belgium. I'm specialized in Microsoft windows 2000, AD, Exchange, sql, Citrix metaframe, Firewalls, vpn, security ect.. If anybody has some pointers to a farang owned it company in thailand please let me know. Thanks Bart Link to comment Share on other sites More sharing options...
sevinnow Posted June 28, 2003 Share Posted June 28, 2003 Very difficult to break into the IT business in Thailand as many Thai students are obessed with your line of work and come very cheap to established companies. The only problem a farang business would have employing you legally is they would need to invest 2 million baht to obtain you a work permit for you. If you have 2 million baht yourself why not open a business yourself there are lots of oppertunities if you are good and you are working for yourself. Sev ??? Link to comment Share on other sites More sharing options...
Zendesigner Posted June 29, 2003 Author Share Posted June 29, 2003 hi sevinnow, i know most thai IT people come cheap but surely some company would prefer experience and quality over beginners. For starting your own business. does the two million bath needs to be fully deposited or is it the amount you are liable for? in belgium you need to deposit 750.000 BF officially but you can start from 250.000 already. Thanks Link to comment Share on other sites More sharing options...
sevinnow Posted June 29, 2003 Share Posted June 29, 2003 Regarding the 2 million baht deposit, there are two ways of doing it, the right way or the wrong way and don't let anyone convince you the wrong way is alright! The money amount of 2 million baht needs to be transfered from a foriegn bank and which you will have proof from the thai bank, you can use this amount straight away to set up your company and pay all costs involved. Following a lengthly 2 hour meeting with a lawyer I had two weeks ago if you do not have proof that you have deposited the correct amount from a foriegn bank you will be exposed to all kinds of risks from immigration and your "friendly" competitors. Most farangs get caught by being reported to immigration by their follow farangs who they are copetition with!!! Sev :cool: Link to comment Share on other sites More sharing options...
george Posted June 29, 2003 Share Posted June 29, 2003 There is a legal way around the 2 million Baht: You need to transfer in 500,000 Baht (25%). This amount shall be in the balance sheet per December 31. (The balance of 75%, 1,500,000 Baht, has to be booked as a "Manager Director shareholder loan",and you have to pay interest tom the company every month on that "loan" You shall request a TT3 from the Thai bank when your funds arrive, that is your evidence of inbound transfer. An account with a Thai bank needs to be opened to receive funds transmitted from overseas. The bank is then in a position to issue a form of TT3 (Taw Taw 3) Authority to Purchase. (Bangkok Bank is recommended). Link to comment Share on other sites More sharing options...
LPCustom69 Posted June 29, 2003 Share Posted June 29, 2003 George -- Is there any type of time limit on the loan payments or repayments? Also, how often is this checked by authorities to make sure everything is handled on the up and up? Thanks :cool: Link to comment Share on other sites More sharing options...
george Posted June 29, 2003 Share Posted June 29, 2003 Not sure about the exact details, your accountant should be able to give you more info on this. Link to comment Share on other sites More sharing options...
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