⚠️ More information in comments ⚠️

[@JoeinThailand1]

- Foreigners can own up to 49% of a Thai limited company, with 51% needing to be owned by Thais. - Finding an experienced accountant will save you a lot in setup fees vs using a lawyer, but make sure they can manage the specifics of your case before engaging them. Sometimes it's best to pay more for a specialist. - Check out BOI as it can remove many of the requirements and the ownership % rule. - Be careful using nominees in your business setup - it is illegal and the DBD is cracking down on this. It was recently in the news that they will be investigating a number of businesses in 2025. - Once you have the work permit, there are still a lot of tasks you can't do as a foreigner! For example, I can't work on any of the insurance side of the business - only marketing and other admin/management roles. Any other questions? Post them in the comments 👇 #thailand #business #workpermit