by panwa group | Aug 12, 2019 | 5.QA
The company will have to pay the reimbursement to the employees for the petrol, food, accommodation when the employees have to travel to upcountry in Thailand or if in overseas for working. We would like to know that if it will be considered as their income for the...
by panwa group | Aug 12, 2019 | 5.QA
We are subsidiary company in Thailand of our parent company in Malaysia. We do business of beverage trading, and we are experiencing more losses this year due to the consumer trend is changing. So, our parent company give us the subsidy amount of USD 0.1 million (it...
by panwa group | Aug 12, 2019 | 5.QA
In case the company already got the license (FBL license) and the company need to loan the money to operate the business, could the company loan or not? Panwa: Yes, can, but the loan amount must not exceed the proportion of one part capital/remitted foreign...
by panwa group | Aug 12, 2019 | 5.QA
If I would like to register the company and own 100% by foreigners, how long will it take to complete all the process? Panwa: If in case you would like to own by majority 100% foreigner after register the company already and before you can do the business, you need to...
by panwa group | Aug 12, 2019 | 5.QA
Has the Tax Credit for dividends in Thailand? Panwa: Any taxpayer who domiciles in Thailand and receives dividends from a juristic company or partnership incorporated in Thailand is entitled to a tax credit of 3/7 of the amount of dividends received. In computing...