Suppose my employer registers a wholly owned subsidiary company and wants me to be a director as well as keeping my current job, would I need a second work permit or an endorsement in my existing work permit?

Are the requirements the same for a second work permit, i.e. would the subsidiary company need to have 2m baht registered capital and a certain number of Thai employees?

I am in the same boat as of you too.Dunno the answer.But wish someone could shed some light.Come on Steve.

I am in the same boat as of you too.Dunno the answer.But wish someone could shed some light.Come on Steve.

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That's spooky, the firm I work for have just formed a new trading company as well which will be based at the same address. They have just split the customers for taxation purposes and I will be working for both company names.

They had forgotten about my WP status and are now looking into this possible conflict. I will post the results if and when I get them.

So far, all my company lawyer has found out is that for me to work there the subsidiary company will need 2m baht registered capital if I'm single and 1m baht if I'm married to a Thai.

The original posting said it was to be appointed a director, why would you think you need a work permit to be a director of a Company?

The original posting said it was to be appointed a director, why would you think you need a work permit to be a director of a Company?

That's what the Labour Dept told us. Anyway, my company solved the problem by telling me I'm not going to be a director of the new company after all.

I think many foreign business people are in this position, including many directors of Thai companies who live overseas and fly in for occasional meetings. My understanding is that being on the board of a company doesn't technically involve any work in itself but attending a board meeting or other type of meeting at the company might be interpreted that way. I think this situation is made too complicated by overseas based directors representing foreign investors for the Labor Ministry to have a crack down on non-executive directors without work permits. I was once advised by a lawyer that, while it could be considered a grey area, I should not bother to apply for a work permit to be a non-exec director of a company if I don't sign on behalf of that company and I think that is quite practical advice. For HarryHacker's case, I think you should be OK as long as you don't sign anything on behalf of the other company or have a name card with its name on it. Your salary and expenses should all be paid by one company. Alternatively you can get the second job added to your WP but it may not be worth the hassle, unless you really have to be seen to work for both.

Edited February 20, 200917 yr by Arkady

The question of OP is 4 years old.