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...
by panwa group | Aug 17, 2019 | 5.QA
Would it be possible to conduct an individual company directorship searches in Thailand. We have the names of five [5] individuals we would like to conduct directorship checks on and was hoping this was something you could assist with. Panwa: Please note that...
by panwa group | Aug 17, 2019 | 5.QA
The company’s business is sale with installation of machinery, which on one invoice of client, it states both services. For sale, there is no need to withhold the tax, however for installation services, the client needs to withhold? Panwa: Under the law, if the...
