Comments on: The Real Deal On The US-THAI Treaty Of Amity http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/ Insiders take on Thailand Fri, 09 Jan 2009 09:10:04 +0000 http://wordpress.org/?v=2.6.5 By: sideshowBOB http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-181891 sideshowBOB Mon, 22 Dec 2008 09:32:37 +0000 http://www.2thebigmango.com/?p=2051#comment-181891 smack dab - always best to get a lawyer or a setup company involved to learn the latest. U actually need 4 mil for amity, not sure the latest on work permits and I am not sure on the satellite office but I don't think it means much since you still need a company here. I am sure soi lawyer or sutlet could answer these for u. smack dab - always best to get a lawyer or a setup company involved to learn the latest. U actually need 4 mil for amity, not sure the latest on work permits and I am not sure on the satellite office but I don’t think it means much since you still need a company here.

I am sure soi lawyer or sutlet could answer these for u.
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]]> By: Smack Dab http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-181864 Smack Dab Mon, 22 Dec 2008 05:42:42 +0000 http://www.2thebigmango.com/?p=2051#comment-181864 So as an American, do I need to transfer Bt2 million into Thailand to start a company here. And what if I have a company in the US and wish to instead open a satellite office? Is there the same requirement then? Do I still need four Thai employees and can I arrange a work permit for myself by operating a satellite of my US company, which is a viable, ongoing concern that is making money. So as an American, do I need to transfer Bt2 million into Thailand to start a company here.

And what if I have a company in the US and wish to instead open a satellite office? Is there the same requirement then? Do I still need four Thai employees and can I arrange a work permit for myself by operating a satellite of my US company, which is a viable, ongoing concern that is making money.
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]]> By: TheSoiLawyer http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-148793 TheSoiLawyer Fri, 12 Sep 2008 06:02:32 +0000 http://www.2thebigmango.com/?p=2051#comment-148793 I agree with that statement, but the Treaty has been around for a long time, since before the BOI to my knowledge, ao there are bound to be a few large operations with Amity protection, but that is conjecture on my part. If it were me as CEO of a large operation here I would lean towards BOI I agree with that statement, but the Treaty has been around for a long time, since before the BOI to my knowledge, ao there are bound to be a few large operations with Amity protection, but that is conjecture on my part.

If it were me as CEO of a large operation here I would lean towards BOI
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]]> By: bkk22 http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-148341 bkk22 Wed, 10 Sep 2008 15:20:24 +0000 http://www.2thebigmango.com/?p=2051#comment-148341 Most large companies are most likely going to go through the Board of Investment so they can take full advantage of tax incentives, reduction in tariffs, etc. Most large companies are most likely going to go through the Board of Investment so they can take full advantage of tax incentives, reduction in tariffs, etc.
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]]> By: TheSoiLawyer http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-147663 TheSoiLawyer Mon, 08 Sep 2008 06:24:46 +0000 http://www.2thebigmango.com/?p=2051#comment-147663 Also, the WTO does not deal with Immigration law and the E1 and E2 visas that Thais can obtain for the USA (an ancillary benefit of the treaty) are good visas to get because they are faster and cause less hassle. This is something Thailand would like to hold on to so therefore they are not going to rock the boat too much Also, the WTO does not deal with Immigration law and the E1 and E2 visas that Thais can obtain for the USA (an ancillary benefit of the treaty) are good visas to get because they are faster and cause less hassle. This is something Thailand would like to hold on to so therefore they are not going to rock the boat too much
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]]> By: TheSoiLawyer http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-147662 TheSoiLawyer Mon, 08 Sep 2008 06:17:05 +0000 http://www.2thebigmango.com/?p=2051#comment-147662 Jboy.bkk, Yes I do actually do a great deal with company structures, but my marketing plan thus far has been to build up that side of the practice mostly through word of mouth and use the website for the immigration stuff. I've found that the website is necessary for Immigration because the farangs looking to bring a Thai girl home are mostly in the USA, UK, or EU when they search for a lawyer. Whereas people here get their info from referrals and publications like the bangkok post etc. Sorry for the ramble, but that is why there is no info on the site. I'm currently in the process of adding a new page to deal with all of that. In answer to your question, yes I can do company setups. Also, I do work permits, contact drafting, contract review, wills, property conveyancing, etc. I've tried to make the firm a one stop shop. Just FYI, you only need 3 shareholders now for a company and the processing time is dramatically reduced. I can get a Thai company (without Amity protection, that takes longer) churned out in about a week. It actually takes a day at MOC (Ministry of Commerce) but we need time to get the paperwork in order. As to why Thailand would extend these benefits to the US only: I think two factors are at play here. 1. Inertia, no one is ardently complaining about the current state of affairs and in classic Thai fashion they are just leaving it be. 2. US-Thai relations. Thailand is armed and equipped by the USA. The Treaty is a corollary to the defense treaties between the two countries and to outright cancel it would likely cause some ill will. Under Thaksin Thailand was in the process of negotiating a Free Trade Agreement with the USA to get this all ironed out. The negotiations stalled because the two sides ultimately could not agree on stipulations regarding intellectual property. The US wanted Thailand to force people to pay retail price (farang prices) for pharmaceuticals. Thailand, in a bout of farsightedness said, "NO." We like our people being able to buy medecine at a relatively reasonable price. Both sides let the matter drop and left the Free Trade negotiations in limbo. I personally believe the negotiations will start again as soon as a new Administration is in office in the USA and a stable government comes to power in Thailand Jboy.bkk,

Yes I do actually do a great deal with company structures, but my marketing plan thus far has been to build up that side of the practice mostly through word of mouth and use the website for the immigration stuff. I’ve found that the website is necessary for Immigration because the farangs looking to bring a Thai girl home are mostly in the USA, UK, or EU when they search for a lawyer. Whereas people here get their info from referrals and publications like the bangkok post etc.

Sorry for the ramble, but that is why there is no info on the site. I’m currently in the process of adding a new page to deal with all of that.

In answer to your question, yes I can do company setups. Also, I do work permits, contact drafting, contract review, wills, property conveyancing, etc. I’ve tried to make the firm a one stop shop.

Just FYI, you only need 3 shareholders now for a company and the processing time is dramatically reduced. I can get a Thai company (without Amity protection, that takes longer) churned out in about a week. It actually takes a day at MOC (Ministry of Commerce) but we need time to get the paperwork in order.

As to why Thailand would extend these benefits to the US only: I think two factors are at play here.

1. Inertia, no one is ardently complaining about the current state of affairs and in classic Thai fashion they are just leaving it be.

2. US-Thai relations. Thailand is armed and equipped by the USA. The Treaty is a corollary to the defense treaties between the two countries and to outright cancel it would likely cause some ill will.

Under Thaksin Thailand was in the process of negotiating a Free Trade Agreement with the USA to get this all ironed out. The negotiations stalled because the two sides ultimately could not agree on stipulations regarding intellectual property. The US wanted Thailand to force people to pay retail price (farang prices) for pharmaceuticals. Thailand, in a bout of farsightedness said, “NO.” We like our people being able to buy medecine at a relatively reasonable price. Both sides let the matter drop and left the Free Trade negotiations in limbo. I personally believe the negotiations will start again as soon as a new Administration is in office in the USA and a stable government comes to power in Thailand
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]]> By: Jboy.bkk http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-147578 Jboy.bkk Sun, 07 Sep 2008 21:27:05 +0000 http://www.2thebigmango.com/?p=2051#comment-147578 @ Suk Psyco If a Thai wants to start a company in the US, they just need 1 partner with US status, American companies only need 1 owner to form a corporation not 7 like in Thailand. A few years ago if a Thai wanted to open a US company they needed to have 25,000 usd to do so, now there is no financial minimum.Thais can still form a corporation alone and get an investment visa to the us if they show 25,000 usd sent to the usa. @ Ben , after going through your web site Im not sure, Do you handle Company structures in Thailand ? or do you only handle visa's? I can send some company setup/visa work your way , but I need to know your field of expertise. :) Cheers @ Suk Psyco

If a Thai wants to start a company in the US, they just need 1 partner with US status, American companies only need 1 owner to form a corporation not 7 like in Thailand. A few years ago if a Thai wanted to open a US company they needed to have 25,000 usd to do so, now there is no financial minimum.Thais can still form a corporation alone and get an investment visa to the us if they show 25,000 usd sent to the usa.

@ Ben , after going through your web site Im not sure,
Do you handle Company structures in Thailand ? or do you only handle visa’s?

I can send some company setup/visa work your way , but I need to know your field of expertise. :)

Cheers
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]]> By: Suk Psycho http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-147510 Suk Psycho Sun, 07 Sep 2008 15:40:05 +0000 http://www.2thebigmango.com/?p=2051#comment-147510 Sorry to insist on that and maybe you don't know the answer, but I don't get it and while you are here... If Thailand is sure to benefit from the same benefits as all WTO countries in the US, then why would they keep on offering a better treatment to US citizens in Thailand? There must be something I am still missing. And the WTO as well :) Sorry to insist on that and maybe you don’t know the answer, but I don’t get it and while you are here… If Thailand is sure to benefit from the same benefits as all WTO countries in the US, then why would they keep on offering a better treatment to US citizens in Thailand?

There must be something I am still missing. And the WTO as well :)
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]]> By: Kilgore Trout http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-147485 Kilgore Trout Sun, 07 Sep 2008 13:15:22 +0000 http://www.2thebigmango.com/?p=2051#comment-147485 Thanks for the info. Thanks for the info.
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]]> By: Rene Descartes http://www.2thebigmango.com/u-of-mango/2008/09/06/the-real-deal-on-the-us-thai-treaty-of-amity/#comment-147431 Rene Descartes Sun, 07 Sep 2008 11:40:24 +0000 http://www.2thebigmango.com/?p=2051#comment-147431 Now I'm getting a visual of ssB in red ultra-tights, standing with his legs firmly spread on the bartop, hands on his hips, his blue cape blowing in the fan's breeze, lip-syncing the theme to "Mighty Mouse" ala Andy Kaufman. "Here I come to save the day..." I won't even go into what YP is doing to encourage him. Now where did I put my meds? Now I’m getting a visual of ssB in red ultra-tights, standing with his legs firmly spread on the bartop, hands on his hips, his blue cape blowing in the fan’s breeze, lip-syncing the theme to “Mighty Mouse” ala Andy Kaufman.

“Here I come to save the day…”

I won’t even go into what YP is doing to encourage him. Now where did I put my meds?
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