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Old 04-06-2007, 12:47
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Join Date: Jun 2004
Location: Phuket
Age: 35
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Quote:
Originally Posted by Hobbsy View Post
Farang can employ farang (we are in the process now).
You need to show 2m baht paid up capitol in your bank but it doesn't need to stay in there (as Dodger said - check with your lawyer) and you also need to show you employ 4 thais for every farang WP.

Just a couple of points.. Isnt it that the amount of Thai staff only applies to the extension for visa based on the WP.. and the WP can be attained without that many staff.. Thats what sunbelt says on TV.. Can even have no staff in BKK and one only in Chiang Mai..

Also as it will be a new company, he wont get a WP extension no matter homw many staff until he has a tax record so the whole issue of extending the WP incountry is moot until spring 2008 and next years tax history is available.

It is now much harder for new companies as you cant get the multi B without the tax history in local SEA consuls and you cant get the tax history without the company and working.. Catch 22 !!
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