Recent content by toums

He didn't renew the passport from the Embassy abroad ? (also with proof of residence / utility bill to put the foreign residence on the passport?)

I don't have one currently, only one UK LTD (non resident). First time I hear that, process should be quick for a LLP, and as I heard you dont need to be UK citizen or resident. you have the classic : Company Formation and Registration £12.99 to set-up Then smaller accountant companies for the...

But as explain very well @wellington most probably I don't need to go on that way for daily expenses in TH as I can show I have : - Money/saving in different oversea bank accounts, prior to be tax resident in TH - Stables coins in cold wallet + on CEX with interests prior to be tax resident in...

I mean The UK LLP is tax transparent (no corporate tax, if nothing involved with UK business, clients etc). Yearly fee (agent address and tax return = 500€ / year usually, for basic). Which tax ? In that case there is no business involved with the UK LLP. Just putting money as shareholder in...

I am talking to pay directly with the corporate bank card (from the UK LLP in my example), not from your oversea personnal bank accounts. Is there any change from when you posted late september 2023 regarding to use oversea corporate bank card for daily expense instead of individual ones ?

Like set up a cheap UK LLP with EMI/Wise bank account. Cash in the money on the LLP bank account from one of your personal oversea bank account, and using it to pay your daily expenses in TH ?

Above 2M. THB a day is 'problematic' to send in/out ? Can I ask which bank are you using ? I heard with Elite they help you to open in Bangkok bank or kasikorn..

So you mean the difficulty is to transfer money OUT of thailand from your thai bank account, but no problem to get the money IN, correct ? What about if it's IN/OUT from bank accounts under your name (oversea->thai-oversea) over 50K ? Many papers to justify? PS : are you under Elite visa?

hmmm ok so maybe that's why they asked if you bought and sold P2P directly from your TH bank account.. Normally on that way they have to tax you no ? (15% WHT) Except if you have reason to dont sell your crypto in a CEX, look like easier to cash-out to any countries outside thailand.. and remit...

So you mean you cashing out your btc directly from an exchange to your thai bank account ? Or in an oversea bank account then to the thai bank account ? They ask in the same way either if you are tax resident there or not ? Because at the end, how the bank or tax authority can know when you...

Ok make sense, even if it should be easy to prove the 100 capital earned prior 01/01/2024 if you invested for example via classic broker. You have an easy proof you bought it prior 01/01/2024 by the broker statements.. No clarification for stable coins you own prior 01/01/2024 ? One thing is...

So in my exemple, if you sell it at '500' in 2025, and you are TH tax resident in 2025 ; you can remit only '100' for free (price you bought the stock). the other 400 are taxable if you remit in TH, correct?

Count with the value from when you are tax resident in TH or from when you bought it ? Quick example : You bought something in stocks in 2023 for 100. The 31/12/2024 your stocks now has a value of 300. You sell in 2025 for 500. You start to be tax resident in Thailand for the 2025 calendar...

Interesting.. They clearly say they cannot track for now oversea card payments (no real tools for that), and you can play 'easily' if you want to remit big money some years but cannot prove 'easily' it's a saving by spending less than 180days the year of the remit.. Too bad that no one seem in...

Ok I will contact them to ask. I don't see any recent article regarding the difference of taxation (under LTR) and the other visa. Because you said with LTR it still 100% free to remit the money in Thailand, anytime.