by panwa group | Aug 18, 2019 | 5.QA
One of our director and shareholder just pass away (died) this month. This Thai company has 1 director and 3 shareholders. Can you change that director and shareholder out of this company? What is the process? Panwa: when the company has to change the...
by panwa group | Aug 18, 2019 | 5.QA
I have some question about company ownership. Currently, our company has a capital of Baht 2 million and 51% local ownership. Is there any way to change company to be 100% foreign ownership? Panwa: Kindly note that in case you would like to change company to be...
by panwa group | Aug 18, 2019 | 5.QA
If the person has sale the shares of non-listed company and get profit Baht 50 per share, which the company (buyer) have withhold tax at 15% of such profit, is such tax rate correct? Panwa: No, it isn’t, the correct is the progressive rate. Moreover, the...
by panwa group | Aug 18, 2019 | 5.QA
Do we need to deduct the withholding tax when we make the payment to a hospital for an annual health check for our employees? Panwa: A company who will make the payment to a hospital can deduct the withholding tax if a hospital who will receive the money is a company...
by panwa group | Aug 18, 2019 | 5.QA
If the foreigner resides in Thailand up to 180 days, and there is income as salary from working for a company in Thailand, could he deduct the allowance of deduction of his spouse, children or parents where they reside in abroad? Panwa: If the foreigner is residing in...