Create Thai Company To Receive Online Payments

[BigStar]

I have the possibility of receiving payments from online purchasers of an intangible product sold abroad. For various reasons, it's more convenient that payments not go directly to me.

We're not talking about a large amount, maybe $500-$1000 per month, if that.

Anybody established a Thai company for a similar purpose? Establish a bank account for the company (difficult?) and then an account at, say, Thaiepay? What would be the Thai tax implications?

Another idea would be to use the Thai company to open a bank account in Singapore and recieve payments there. I wonder if that is possible.

[innerspace]

If you want a work permit the coasts for tax on your 4 fictitious staff and other expenses will have a reasonable hit on your income.

If you don't have a work permit then you are not allowed to do anything yourself but cheaper.

If the company is in a Thai name not yours then even cheaper but the Thai(s) could walk away with your money.

[necronx99]

Why do you need any of those things?

Offshore acc with debit card, moneybookers, neteller, paypal...the list of options is huge.