thailand

I recently got rejected a Tax ID Number (TIN) from the Revenue Department in Thailand, after staying more than 6 months last year in Thailand. They said that I must have a "long term" visa, and that neither the education visa that I have, nor an Elite visa, are valid to be a tax resident in...

Hey guys, Have been toying with the idea of changing my country of residence from Cyprus to Thailand for a variety of lifestyle and taxation reasons. I understand that there's a lot of uncertainty about the recently announced changes to their tax system, however wanted to ask a couple of...

I represent a Thai cloud hosting business (foreign owned and managed) with an annual turnover of ~$100.000, a good team and a solid platform. We're looking for someone willing to invest time and money into the business in exchange for equity. Ideally we are looking for someone who excels in...

Hi, I’ve been considering some investments in Thailand recently, but it’s a market I’m still learning. There are some top notch condos in Bangkok and Phuket, being used for tourist short rentals. The ROI seem better than many countries in EMEA. One of the concerns I heard from expats in...

I was planning to send over 10K€ to Thailand to purchase a property there, but I'm scared of what repercussions this might have if the tax authorities of my country are alerted of the transfer, or if the bank decides to hold the transfer and ask for extra documents. I have a US LLC, but Stripe...

Dear OffshoreCorpTalk members, First, i would like to thank you all for the great information provided here. I am a 6 months lurker here and it helped me a lot. My business is online affiliate markerting. I just setup a company in IFZA. I was before in a UE tax hell country (>40% tax). I was...

Dear OffshorCorpTalk members, I would like to start sales of my products (medical) in the ASEAN market. For that reason, I would like to establish a company (New Co.) in one of the ASEAN countries which will hold subsidiary companies in each ASEAN state and effectively manage & supply goods...

Just been informed, from next month CRS will move forward in Thailand, it appears 'residents' will also have their information bundled and shared with their home country even if non-resident. Data (transactions) go-back-to 2023 year, for some 2022. All automated, every transaction (they can't...

Any thoughts on it? There are rumors that they will raise prices

The Thailand LTR visa applications kicked in this month. I am researching possible combination of Thai LTR and US LLC for tax optimization purposes. From talking to some people living in Thailand on Golden Visas and running similar setup with US LLC, seems like it is quite reasonable approach...

Hi, Currently I'm a newly opened UK recruitment company and looking to incorporate in HK on some advice that it's better for tax. I don't live in the UK and not really a fan of paying taxes there. I also can't get a bank account without living there. Usually I'm based in Thailand, although...

Asian tax is a concept that may draw many entrepreneurs’ attention these days. However, before digging deeper, you should know that there is no such thing as a pure tax haven in Asia. There are, indeed, some tax havens in the middle of nowhere, somewhere, faraway. None of them in Asia, though…...

Hi, My wife is a Thai citizen, and together we live in Thailand. I am looking to incorporate a company offshore in order to pull in my cryptocurrency income (expected about 200k Euros a year. This is from a variety of sources: trading, investing, NFTs etc) to Thailand with no personal income...

People who work all over the world have to deal with all kinds of legal dilemmas. They try to figure out where to pay their taxes, reduce them, or what country provides better deals. The so-called digital nomads can work anywhere, anytime – but which is the best jurisdiction? Just like any...

Hi all, I've been lucky enough to start a successful business which has been building retained income/profits, but I'd like to optimize my personal tax situation. The company is a UK Ltd company and for the moment I'm ok with keeping it in the UK and paying all relevant taxes there, this is...

https://www.ft.com/content/df0dde72-5d2e-42cd-9792-de4d02b25b73?FTCamp=engage/CAPI/app/Channel_Refinitiv//B2B ---------quote------------ Thailand has scrapped plans to impose a 15 per cent withholding tax on crypto transactions after facing pushback from traders in one of south-east Asia’s...

Let's say I go to Thailand on a tourist visa and sell my Apple shares because of a market crash (or insert reason here). What if I buy some Tesla? (yeah, I know I know….). What if I go for 90 days and do this 5 times…….or 10…or maybe 20? If, however, I lived in Thailand on a Thai Elite visa...

Hi there guys, My name is Andre, I am European and I am planning to go live to Thailand for a long period of time. Since my partner is a local, we are planning to leave Europe and move to Thailand together, so after my tourist visa expires I want to study Thai language to get a student visa...

Hi, I'm looking for clarity on crypto currency taxation in Thailand and possible (offshore) company setups to legally avoid taxes on trading by moving all trading activities into the company. I'm also looking for a way to move any personal crypto holdings into the company without incurring tax...

A bit of background: 1. I hold dual nationality (Thai and Danish), last November I secured my Thai passport and have relocated to Thailand in February. 2. I have been traveling for the last 4 years of my life. During this time I was working in the Philippines for a company there. I paid income...