Visa Changes for Businesses

Now that you have bought your business in Thailand you need to look at the issue of work permits and visa extensions in the Kingdom. This is a brief breakdown of the last changes made to employment of foreigners.

In 2009 when the economy went South the Thai government made certain changes to employment of foreigners. These are as follows:

1. The company apply for the work permit must have at least 1 million Baht shareholders equity;

2. Total earnings must not be less than the salaries of the foreigners.

If you could not prove these then you would have a problem having your foreign staff having their visas extended. Before the changes however the rules had been even stricter. They now also take the following into consideration:

1. Is the company operating according to what it has been registered as;

2. The company has qualified financial statements;

3. The company pays VAT;

4. The company pays Social Security;

5. The company pays Business Taxes;

These are just a brief of what it is that they look at when you want to employ foreigners. If you need more detailed information about the requirements with regards to obtaining a work permit and having your staffs’ visa extended then speak to any of our solicitors in Bangkok, Pattaya, Samui, Phuket, Hua Hin or Chiang Mai. You can also speak to us via our toll-free telephone number or on live chat on our main website.

Talk to us now!

More to explore

Property Market Trends in Thailand

The property market in Thailand has experienced significant growth and transformation over the years, attracting both local and international investors. As one of Southeast Asia’s most popular tourist destinations and a rapidly developing economy, Thailand offers a diverse range of opportunities for real estate investment. In this article, we will delve into the latest property market trends in Thailand, shedding

Marriage in Thailand

The Civil and Commercial Code, which outlines the conditions for a marriage to be recognized legally, governs marriage in Thailand. A marriage must be registered in accordance with Thai law at the neighborhood district office (Amphur) where one of the parties resides. Both parties must be at least 17 years old, and if they are under 20, they must have

Marriage Registration in Thailand

Marriage Registration in Thailand

In order to legally marry in Thailand, you must first get the appropriate legal documents in place. To do this, you will need to visit your local embassy or consulate. While you may be able to do this on your own, you will probably want to seek out an attorney. When you arrive at your embassy or consulate, you will

Leave a Reply

Your email address will not be published. Required fields are marked *