Jump to content

Can You Renew Wp If Your Empty Company Does Nothing?


Recommended Posts

Hello,

I know it sounds stupid. I ask this because I remember I read somewhere else in this forum that if you setup company to buy land and your company is inactive, you can't get renew your WP in the following years.

I have foreign income so I don't need to work in Thailand for a living, but I need WP or Employeer status for private facts. I am married to Thai national so 1M baht + 2 thai workers should be sufficent for me. My question is, if I do nothing (maybe some small transactions), and show losses for the first year, can I renew my WP. Or, how many consequent inactive years I can renew my WP?

Link to comment
Share on other sites

The Labor Office may allow you to run the company inactively for a couple of years but generally by the third year they require you to start showing income, enough to cover salaries at the very least in order to renew your work permit.

[sunbelt][/sunbelt]

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








×
×
  • Create New...
""