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Old 02-15-2010, 05:46 AM  
BJ
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Join Date: Mar 2002
Location: asia
Posts: 5,590
Quote:
Originally Posted by faxxaff View Post
Thailand is very easy to start up a company. Not all registered capital needs to be paid in cash. Anyhow, it's your own money and you pay your own salary from this amount. And yes, you need to pay tax (like in most other countries LOL), but it's limited to the amount you earn in TH and the part of your income you bring into the country during the same fiscal year. You don't pay any income tax on other offshore income as long as the money stays outside of country during the same fiscal year.

It's certainly not worth faking this as it's pretty cheap to own a biz in TH.
I did not say it was expensive, it is a major pain in the ass. I have 24 thai staff now, 12x what I had in the states, I am working 3 times as hard for 1/3 the money. These are mainstream businesses.

Working online you are correct, no company needed etc, but you will have visa runs.
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