How Many Work Permits Per 2m Capital?

[junkofdavid2]

Hi!

If a company is a consultancy, how many work permits can it get? Is it only one work permit per 2M? Or is it exempted from that quota if it's a consultancy?

Thanks

[Sunbelt Asia]

Hi!

If a company is a consultancy, how many work permits can it get? Is it only one work permit per 2M? Or is it exempted from that quota if it's a consultancy?

Thanks

One work permit per two million Baht registered paid up capital. If however, one of the foreign employees is married to a Thai, then its one million Baht registered paid up capital for that work permit holder. It does not matter if the business objective is consultant or another industry, the ratio is the same.

Registered paid up capital can be cash or non-cash assets.

www.sunbeltasiagroup.com

[kiakaha]

Hi!

If a company is a consultancy, how many work permits can it get? Is it only one work permit per 2M? Or is it exempted from that quota if it's a consultancy?

Thanks

One work permit per two million Baht registered paid up capital. If however, one of the foreign employees is married to a Thai, then its one million Baht registered paid up capital for that work permit holder. It does not matter if the business objective is consultant or another industry, the ratio is the same.

Registered paid up capital can be cash or non-cash assets.

www.sunbeltasiagroup.com

For the foreign employee married to a thai :

1) does the thai spouse also have to be in Thailand ?

2) what documents/procedure is required for the employee when applying for the work permit ?

[Sunbelt Asia]

For the foreign employee married to a thai :

1) does the thai spouse also have to be in Thailand ?

no

2) what documents/procedure is required for the employee when applying for the work permit ?

From our website

work Permit

Required Documentation from the individual

The following documents must be attached to a Work Permit application:

• For non-permanent residents: A valid passport containing a Non-Immigrant visa.

• CV or Resume showing application’s educational qualifications and describing in detail the applicant’s past position, duties, performance, and place and length of employment.

• A recent medical certificate from a first-class licensed physician in Thailand stating that the applicant is not of unsound mind and not suffering from leprosy, acute tuberculosis, elephantiasis, narcotic addition or habitual alcoholism.

• Three 5x6 cm. full-faced, bareheaded, black and white or color photographs, taken no more than six months prior to the filing of the application.

• If the job applied for is subject to a license under a particular law, in addition to the Alien Occupation Law, a photocopy of such license, (e.g. teacher’s license, physician’s license, press card from the Public Relations Department, certificate of missionary status from the Office of Religious Affairs, etc.) shall be attached.

• If the applicant is married to a Thai national, the original and photocopies of the following must be presented:

Marriage certificate, spouse’s identity card, birth certificates of children, household registration, as well as photocopy of every page of the applicant’s passport.

Documents to be supplied by the employer

(They must bear the seal of the firm and signature of the person authorized to authenticate same.)

• Certificate issued by the Commercial Registration Department showing that the organization for which the applicant is going to work, has been duly registered as a juristic person, giving the name of the managing partner and/or director, and its objectives and capital.

• A Copy of the list of shareholders of the applicant’s prospective company, certified as correct by the Commercial Registration Department.

• If the company maintains a factory, a factory license and/or license to operate a factory, renewed by the Factory Department, Ministry of Industry.

• Copy of VAT Certificate (Phor.Phor.20)/application for VAT registration (Phor.Phor. 01)

Required Document for renewal of Work Permit after one year

• Withholding Tax Por Ngor Dor 1 (for the previous 3 months).

www.sunbeltasiagroup.com

[camerata]

One work permit per two million Baht registered paid up capital. If however, one of the foreign employees is married to a Thai, then its one million Baht registered paid up capital for that work permit holder. It does not matter if the business objective is consultant or another industry, the ratio is the same.

Registered paid up capital can be cash or non-cash assets.

www.sunbeltasiagroup.com

Is the 2m/single, 1m/married registered capital requirement any different for permanent residence holders?