Thai Tax Residency: Still possible to do it with zero or minimal tax?

HeinzKetchup69

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Aug 8, 2024
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Looking to relocate to Bangkok. Wife will have a job there, I would continue running the online business.
Is it possible to keep it Tax free, when income is not remitted to Thailand, for example by operating an offshore company and keep all earnings overseas
and only pay local Thai Tax on personal income received on your own name as a salary? Or now all income, including business one, needs to be declared?
 
https://www.offshorecorptalk.com/threads/thai-tax-resident-with-uae-freezone.43266/
 
I think they would be taxed on the PIT brackets, the 10% is only from dividends from Thai companies, but I could be wrong.
 
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