Foozool Posted September 6, 2015 Share Posted September 6, 2015 Recently my girlfriend offered me to become her business partner and get a work permit. She does not want me to bring any money to partnership. She already has a restaurant and she is has some partner in her second restaurant . The question is: Is there any possibility that I put myself in any kind of trouble by becoming her partner in business ? Link to comment Share on other sites More sharing options...
Popular Post Crazy chef 1 Posted September 6, 2015 Popular Post Share Posted September 6, 2015 You might have to work- trouble enough??? 10 Link to comment Share on other sites More sharing options...
Lukecan Posted September 6, 2015 Share Posted September 6, 2015 I dont see any risk for you unless you have sizeable assets in Thailand. If its a ltd company there is basically zero risk Link to comment Share on other sites More sharing options...
manarak Posted September 6, 2015 Share Posted September 6, 2015 just be a staff member, not a partner Link to comment Share on other sites More sharing options...
oncearugge Posted September 6, 2015 Share Posted September 6, 2015 She may be able to secure you a work permit if she can meet all the requirements. You will also need , with supporting paperwork supplied by the g/f a "B" visa. Details can be found in the link http://www.mfa.go.th/main/en/services/4908/15388-Non-Immigrant-Visa-%22B%22-(for-Business-and.html 1 Link to comment Share on other sites More sharing options...
phazey Posted September 6, 2015 Share Posted September 6, 2015 What work can be done by a foreigner and not a Thai in the restaurant trade ? Link to comment Share on other sites More sharing options...
Popular Post Anthony5 Posted September 6, 2015 Popular Post Share Posted September 6, 2015 What work can be done by a foreigner and not a Thai in the restaurant trade ? fleecing. 4 Link to comment Share on other sites More sharing options...
manarak Posted September 6, 2015 Share Posted September 6, 2015 What work can be done by a foreigner and not a Thai in the restaurant trade ? manager marketing training cook if skilled in foreign cuisine 2 Link to comment Share on other sites More sharing options...
Popular Post Kitsune Posted September 6, 2015 Popular Post Share Posted September 6, 2015 In the West I would have said "Never shit on your door step" or "don't mix love and money"; but this being Thailand... 3 Link to comment Share on other sites More sharing options...
Popular Post Maestro Posted September 6, 2015 Popular Post Share Posted September 6, 2015 A partner in an ordinary or limited partnership assumes liability for debts and taxes payable by the partnership. See http://www.siam-legal.com/Business-in-Thailand/thailand-partnership.php 9 Link to comment Share on other sites More sharing options...
Popular Post mcfish Posted September 6, 2015 Popular Post Share Posted September 6, 2015 "She does not want me to bring any money to partnership" not now but what will you do when your a partner and she hits you up for a 1 mill baht loan? I speak from experience as I was in exactly the same boat , needless to say she took off when I declined her offer. Maybe yours is differant 6 Link to comment Share on other sites More sharing options...
steve187 Posted September 6, 2015 Share Posted September 6, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Link to comment Share on other sites More sharing options...
TommyUK1960 Posted September 6, 2015 Share Posted September 6, 2015 When I read the title I thought she wanted to be your Pimp. lol Link to comment Share on other sites More sharing options...
bigt3116 Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) 1 Link to comment Share on other sites More sharing options...
Lite Beer Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) No you cannot. You can get a 12 month extension of stay based on working if you qualify. Link to comment Share on other sites More sharing options...
konying Posted September 7, 2015 Share Posted September 7, 2015 I dont see any risk for you unless you have sizeable assets in Thailand. If its a ltd company there is basically zero riskUnless when becoming a partner , he also becomes a director and then all company debts become his. Link to comment Share on other sites More sharing options...
asdecas Posted September 7, 2015 Share Posted September 7, 2015 Tread warily. 1 Link to comment Share on other sites More sharing options...
kkup Posted September 7, 2015 Share Posted September 7, 2015 Beer/New Waitress Taster 1 Link to comment Share on other sites More sharing options...
bigt3116 Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) No you cannot. You can get a 12 month extension of stay based on working if you qualify. Oh yes you can, please check your facts. :-) Link to comment Share on other sites More sharing options...
fxe1200 Posted September 7, 2015 Share Posted September 7, 2015 What work can be done by a foreigner and not a Thai in the restaurant trade ? Decent accounting 2 Link to comment Share on other sites More sharing options...
elviajero Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) No you cannot. You can get a 12 month extension of stay based on working if you qualify. Oh yes you can, please check your facts. :-) Maybe with a visa conversion but the original visa would have had to have been "issued outside" Thailand. You cannot apply for a Non B visa in Thailand. If you know otherwise then please share so we can all learn. Link to comment Share on other sites More sharing options...
Popular Post Lekong Posted September 7, 2015 Popular Post Share Posted September 7, 2015 "She does not want me to bring any money to partnership" not now but what will you do when your a partner and she hits you up for a 1 mill baht loan? I speak from experience as I was in exactly the same boat , needless to say she took off when I declined her offer. Maybe yours is differant As you are speaking from a past experience, I think the OP should be very very careful. As a partner, he will be liable to the debts of the company. So tell her since what she wants to offer you is a work permit which will allow you to stay here, let her employ you in her company (restaurant) as a worker and not a partner. As a worker, you are qualify for a work permit. You don't need to be a partner in order to get a work permit. Then get her reaction and move on from there. 7 Link to comment Share on other sites More sharing options...
Lite Beer Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) No you cannot. You can get a 12 month extension of stay based on working if you qualify. Oh yes you can, please check your facts. :-) You cannot get a Non B Visa at Immigration in Thailand. Link to comment Share on other sites More sharing options...
GOLDBUGGY Posted September 7, 2015 Share Posted September 7, 2015 I am not an expert in this but I would be careful before entering such an agreement. If the company has debt you may be subject for paying this debt off to as a partner. I would venture out to far with any girlfriend. Sorry as I am not saying anything wrong about her and she may be a terrific person. But as your wife you would probably already be subject to her personal debt so then I guess it don't matter much then. As the old saying goes: "If it sounds too good to be true, then it probably isn't". Link to comment Share on other sites More sharing options...
pmarlowe Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) No you cannot. You can get a 12 month extension of stay based on working if you qualify. Yes as I recall the first one has to be a non-immigrant issued from outside the country. This technically allows you to get in to apply for the work permit. After the first year, it can be handled inside the country. Link to comment Share on other sites More sharing options...
NickJ Posted September 7, 2015 Share Posted September 7, 2015 Have you gone over the books? Does she need you to help? Would you be a plus for the business?........Or is she planning ahead or already spending your money for a future expansion?.......And....Yes, Big Chances are that she will saddle you with a directorship or even Managing Director....thus the debts of. the business. If the place is doing well and long established and you have a good track record with her as a gf.....maybe a good thing......If its a Restaurant/nightclub..beer bar.....no. Link to comment Share on other sites More sharing options...
ThaiWai Posted September 7, 2015 Share Posted September 7, 2015 2 things are required to work and live in Thailand a work permit and a visa issued outside Thailand or an of extension of stay issued by local immigration offices within Thailand, after a non immigrant visa has been issued Or you could get your Non-B at Immigration inside Thailand. :-) No you cannot.You can get a 12 month extension of stay based on working if you qualify. Oh yes you can, please check your facts. :-) Fact checking says you are wrong. If you have additional information please post to help others. If not, can the moderators please delete these posts as misinformation? Link to comment Share on other sites More sharing options...
yellowboat Posted September 7, 2015 Share Posted September 7, 2015 What work can be done by a foreigner and not a Thai in the restaurant trade ? Decent accounting Yes, accounting and financial/investment decisions, otherwise you need to show why a local person cannot do it. Actually, the government just wants the money. Is there a perceived minimum salary for non teachers ? I heard it was B70-80K a month and the taxes were around 17% or more, but I could be wrong. If you are living and working with your girl friend it puts a strain on the relationship after a while, It is sometimes best to work different shifts. Link to comment Share on other sites More sharing options...
flyingdoc Posted September 7, 2015 Share Posted September 7, 2015 I would only consider joining a limited liability company. If the authorised capital is 2 million baht or more, there can be an entitlement for 1 work permit, but as many have advised be an employee of the company and NOT a partner under any circumstances. Link to comment Share on other sites More sharing options...
SOTIRIOS Posted September 7, 2015 Share Posted September 7, 2015 ....better be an employee only.... Link to comment Share on other sites More sharing options...
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