Paying Annual Tax On Property Via Shell Company

[mikebell]

This is my first post so I'm not sure if this will work.

I bought a house using Thai nominees. Each year (for the past three) I have paid my legal agent 15,000 baht for tax purposes. Yesterday, I visited the tax offices and they told me on average I have paid 180 baht per year in tax which means 14,020 for my lawyers. Is there a cheaper alternative? What does my lawyer do for 14,000?

[pompooyling]

Am in the same situation, been paying solicitor 15k every year for balance sheet, now gone up to 16k. I too wander what they do to justify that amount but that must be the going rate. He also mentioned something about land tax to me last time I spoke to him which could be as much as 20k a year

[mikebell]

Am in the same situation, been paying solicitor 15k every year for balance sheet, now gone up to 16k. I too wander what they do to justify that amount but that must be the going rate. He also mentioned something about land tax to me last time I spoke to him which could be as much as 20k a year

I went to Land Office at Sattahip after I changed the name of my company: it cost me 25 baht to register. There must be 100s of farang company/householders in the same boat; WHY NO REPLIES?

[oracle]

It's the going rate, it varies between 8,000 to 20,000 THB for non trading companies. They do your accounting, including an official examination of the accounts and filing the accounts.

[Langsuan Man]

The company route is a scam, so why are the scammer's surprised that they are being scammed ?

[oracle]

The company route is a scam, so why are the scammer's surprised that they are being scammed ?

What a great post! I can see that you know what you are talking about, really to the point and helpful and in bold too!

[trogers]

The company route is a scam, so why are the scammer's surprised that they are being scammed ?

It is not a scam. Take it as an extra annual land rent to hush inquires as to why a foreigner can own landed property...

'Else, the first local to alert the authorities can be your legal agent...