How much does it actually cost to start a company to get a work permit?

[makescents]

I've only worked alongside companies before and never seen the actual cost involved to get a company started here. Since a lot of people were arguing about the so called 'digital pikeys' not being legal and others including myself arguing that becoming legal is too costly I thought I'd start this thread.

The way I see it, to make this information useful to all, there are 4 scenarios that need exploring:

Starting a company as:

1. non-US citizen
2. non-US citizen married to Thai national
3. US citizen
4. US citizen married to Thai national

The difference between all 4 of these scenarios dictates:

• Paid up capital required
• Shareholders required
• Number of Thai employees required

So if I was starting a company tomorrow, how much money would I need right now, what payments/money would need to be shown in the future and finally, what are the ongoing monthly costs?

Can we keep it practical. I know most people using a company for a single work permit don't actually hire Thais, choosing to pay social security for ghost employees. Does paid up capital only need to appear on a bank statement for 3 months if shown at all?

Point being, what happens in reality is different that what often gets quoted online - your anecdotal evidence is therefore welcome.

[Somsak Lawyer]

I think you are looking for a debate. As a thread on ThaiVisa you will certainly get people's views. If you have specific questions, I will only be too happy to answer but I won't comment on generalisations.

[somsak][/somsak]

[mishandkoon]

I am really interested in the answers to these questions if someone can help out?


Sent from my iPhone using Thaivisa Connect

[LammyTS1]

Same here


Sent from my iPhone using Thaivisa Connect