Hello to all and Merry Christmas,
I know that this is a topic that have discussed several times, but I'd like to take a decision especially now that the year is changing.
Concept:
Thai tax resident, having one (or more) offshore companies (Seychelles, BVI, UAE all totally independend between them) servicing EU customers (IT - software - licenses etc - no hardware). Most companies have local directors, others have directors & shareholders). Income goes from company offshore account to offshore account of owner as dividends (100% shareholder, or director and shareholder).
No remitance inside Thailand at all, no cards to remit etc. Nothing gets in Thailand. NO crypto etc, all are clear business IT.
The companies are not related between them (maybe have same customers, and same real owner). Not doing any job between them etc.
As far as I am informed from several info, accountants etc, there is no any obligation to pay any Thai tax as no income ever came to Thailand, no relation at all with Thailand (besides the thai tax resident owner), no customers in Thailand, no remitances, no employees etc.
Some others say that can create risks for tax.
I want to be 100% safe & legal on this, that there is no tax obligation and/any risk.
Questions / concerns:
1) Is that safe? Any gap here? anything to worry about?
2) I see many advisors suggest HK structure (i.e. BVI owns HK and HK pays the owner) - I understand this is for remitance cases which I don't care at all (I don't need / want / will NOT want to remit any amount in Thailand).
3) Suggestions?
Thank you all!
I know that this is a topic that have discussed several times, but I'd like to take a decision especially now that the year is changing.
Concept:
Thai tax resident, having one (or more) offshore companies (Seychelles, BVI, UAE all totally independend between them) servicing EU customers (IT - software - licenses etc - no hardware). Most companies have local directors, others have directors & shareholders). Income goes from company offshore account to offshore account of owner as dividends (100% shareholder, or director and shareholder).
No remitance inside Thailand at all, no cards to remit etc. Nothing gets in Thailand. NO crypto etc, all are clear business IT.
The companies are not related between them (maybe have same customers, and same real owner). Not doing any job between them etc.
As far as I am informed from several info, accountants etc, there is no any obligation to pay any Thai tax as no income ever came to Thailand, no relation at all with Thailand (besides the thai tax resident owner), no customers in Thailand, no remitances, no employees etc.
Some others say that can create risks for tax.
I want to be 100% safe & legal on this, that there is no tax obligation and/any risk.
Questions / concerns:
1) Is that safe? Any gap here? anything to worry about?
2) I see many advisors suggest HK structure (i.e. BVI owns HK and HK pays the owner) - I understand this is for remitance cases which I don't care at all (I don't need / want / will NOT want to remit any amount in Thailand).
3) Suggestions?
Thank you all!
))
