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Shareholder Question

Featured Replies

A new limited company will be registered early next year and my spouse who is a Thai national has been offfered a shareholder % of the company. I have been offered a position within this company hence my wife being offered a % of the 51% Thai share of the company.

My wife does not work, she will just become a shareholder. I am not sure but I assume she will have to file a PIT return every year as a shareholder as she will receive dividends and this is classed as income?

If I decided to leave this company in the future for whatever reason and my wife wanted to get rid of her shares what is the policy for this and does it take long to deal with? The reason I ask is if I was offered another position outside of Thailand and we might have to relocate fairly quickly.

Basically my wife does not want to become a shareholder as she says she does not want the hassle of having to deal with the Thai tax system and if we did get a new job she worries about the paperwork etc taking too long. I have told her there should be no issues.

Thanks for replies in advance.

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