by panwa group | Sep 16, 2021 | 5.QA
The Company paid the foreigner (stay in Thailand less than 180 days on a year) for the commission from selling goods to oversea, please advise the rate of withholding tax for this case. Panwa: Please note that if such foreigner who is agent has residence in the...
by panwa group | Sep 15, 2021 | 5.QA
How much health insurance can we use for the allowance of personal income tax for year 2021? Panwa: The health insurance that we can use for the allowance of personal income tax for year 2021 is THB 25,000 but the total insurance must not be over THB 100,000. Anyways,...
by panwa group | Sep 15, 2021 | 5.QA
Once company incorporation is done, how much time will it take to transfer 49% shares to our Indian company from individuals? Panwa: Kindly note that we can transfer the shares from individual to company in the next day after the company is incorporated in the second...
by panwa group | Sep 15, 2021 | 5.QA
The company has decreased capital after the date end of the period. In the case of the financial statement for this period, how will the company do/present about the capital? Panwa: Please note that the decreased capital will only be shown on the note of the financial...
by panwa group | Sep 15, 2021 | 5.QA
I’m a retired tourist (62 year old) and I travel and live in Thailand in 1 year which I spent my saving and pension money obtained from my country. I would like to know if I need to pay the personal income tax in Thailand or not? Panwa: Please note that you do not...