by panwa group | Aug 18, 2019 | 5.QA
Normally, we do business of machine spare parts trading which we will deliver goods to customer and charge them the delivery fee together with goods charge on the same tax invoice, but we will separate the fee of goods and delivery. If customer company has paid to us,...
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...
