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Have two million Thai Baht in registered capital to support each foreigner&#8217;s work permit &#8211; this amount will not need to be shown in cash unless it exceeds 5 million Baht;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Register for VAT, after which the company will have the obligation to submit monthly VAT filings with the Revenue department;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. Have four Thai employees registered for social funds whereby you also pay monthly contributions based on the amount of salary the employees receive at 5% from the company and 5% to be deducted from the employee\u2019s salary (but not exceeding a total of 1,500 Baht\/month); and<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4. Have all licenses necessary to operate your business activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once the company is incorporated and registered with the above mentioned government authorities, it will have tax &amp; accounting obligations to comply with on a monthly and annual basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the case that the company would be required to support a foreigner\u2019s visa and work permit, the company&nbsp;must meet the following conditions: 1. 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