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Posted

I wish to start a business, I want to be legal.

What is the minimum requirement?

I have been told a 2 million baht company with Work Permitt for 1 Foriegner (me).

Is this true???

Posted

Yes. You can have a 1 million baht company but cannot have a work permit on that.

A 2 million baht company allows you to have a work permit.

Per work permit you must, on paper, have 4 thai staff which you pay tax and social fund for them and yourself each month. You also pay a yearly tax for your company.

You would also have to find an accountant to do your paperwork aswell as they will only accept documents from a qualified accountant.

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