Asia
Founders relocating under the LTR visa, Thailand
The 10 year Long Term Resident visa covers wealthy global citizens, work from Thailand professionals, and highly skilled tech talent. Holders get 17% flat PIT on qualifying income, multiple re entry, and digital work permits. Bangkok and Chiang Mai host an established remote founder scene.
LTR 10 years17% flat PITDigital work permit
Start setup {placement} 4 min · no card required
Corp tax
20%
Fastest setup
3 weeks
Tax treaties
61
Region
Asia
What you'll need
- No resident director required
- Local registered office required
- Economic-substance test applies
- Minimum capital: THB 15
- Administrative language: Thai
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 20%
- Tax treaties 61
- VAT rate 7%
- Withholding on dividends 10%
Key treaty partners
United StatesJapanSingaporeChinaGermanyUnited Kingdom
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe supported
- Wise supported
- EMI license framework available
Considerations
If you need 100% foreign ownership without BOI
The Foreign Business Act 1999 caps non Thai equity at 49% in most service sectors. Workarounds require BOI promotion, US Treaty of Amity status, or a Foreign Business License from the Ministry of Commerce, each with substantive criteria and review timelines.
FBA 49% capFBL review delaysNominee crackdown