Zen Posted August 20, 2009 Share Posted August 20, 2009 I am a managing director of a small company and hold 49% shares. I have a thai "sleeping partner" who holds 51%. I already have a work permit from this company. Now I would like to open another company, and hold 49% shares. Can I do this? Link to comment Share on other sites More sharing options...
ballbreaker Posted August 20, 2009 Share Posted August 20, 2009 I think not but that's only my opinion. You might ask mod to move this question to Thai visa/work permit forum. Link to comment Share on other sites More sharing options...
Carmine6 Posted August 20, 2009 Share Posted August 20, 2009 I think that unless the first work permit is broad enough to cover the second job, then technically a work permit would be needed for the second job. I have no idea whether that's possible or not, but otherwise someone could get a work permit as a teacher and then go run a run a real estate company. Sounds like a no-no. Link to comment Share on other sites More sharing options...
KhunOr Posted August 20, 2009 Share Posted August 20, 2009 Yes, you definitely can. Your WP will list your position in both companies. Don't try to open the second company without adding that to your WP or you'll be in trouble. Link to comment Share on other sites More sharing options...
monty Posted August 21, 2009 Share Posted August 21, 2009 No problem, you can have several jobs simultaneously. Your first employer has to agree to you having a second job, but as it is your own company that would not be a problem. The second job and the second employer will be added into your existing WP. You and your second employer(2nd company) will still have to qualify, i.e. enough registered capital, Thai employees etc... And as per the above poster, you'll have to let a Thai person handle the entire registration of the second company, if the labour department notices that you have been signing stuff for the second company BEFORE holding a work permit, they can very well refuse you one! Many lawyers will first establish the company entirely with Thai shareholders (so your name appears nowhere), apply for the WP, and when everything is done call a shareholder meeting to bring you in as a shareholder (at up to 49%)... Link to comment Share on other sites More sharing options...
Valjean Posted August 21, 2009 Share Posted August 21, 2009 Yes, you definitely can. Your WP will list your position in both companies. Don't try to open the second company without adding that to your WP or you'll be in trouble. When I made the transition from working for a mult-national to my own company we specifically made sure I got my new company on the work permit, with the existing one so that the wouldn't be any break. So yes it's possible, and in some cases important, to have two jobs/companies listed. Link to comment Share on other sites More sharing options...
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