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I read the OP several times and I don't understand. It doesn't say anything new at all. I googled and came up with this: "Thailand mulls tax breaks to attract overseas investment" https://www.nationthailand.com/business/banking-finance/40046276 Okay, they are "still looking". Keep calm everyone.

The big news is it is being given away as open-source which is always a positive for everyone. Not sure why its being touted as a huge "win" for China ”” at this pace of innovation, the top AI models get replaced by newer models regularly. The statement "2 months and $6m to develop." is merely...

Thanks for the clarification. Reading up on the new visa types I note that the LTR (long-term resident) has high requirements for yearly income, qualifications and/or assets as explained here: https://ltr.boi.go.th/#what I was slightly confused because I thought the LTR visa was the same as DTV...

That website seems confusing, or it is just me. Since when does CRS report individual transactions? Also with regards to the "LTR is exempt from foreign sourced income" yeah well so is ALL foreign income when earned the previous year and then remitted, from my understanding. Up until last year...

Any info about the abolishing of the 6/7 refund? (point #5 as I understand) ”” Never heard any news about that.

Criminals love crypto.

I'm going to extend my Elite/Privilege visa another 15 years this autumn, and if this "global income tax" becomes a reality I will probably open a holding corp (somewhere) for my Malta based trading company, that will then receive most of what I take out from it as income today, in the form of...

Thailand Elite went from like 9k members a few years back to more than 30k this year. It is unsurprising that some serious criminals would join this visa schema. I read a similar article some years ago about a rape case in Bangkok where the perpetrator was a Thailand Elite member as well...

For anyone else interested and to answer my own query previously in this thread about IB country, I received a reply from their support to check the top of my activity statement. I have "Interactive Brokers LLC, Two Pickwick Plaza, Greenwich, CT 06830" up there which means I'm a customer of the...

I'm really confused about which country I'm an "IB client" of. I wasn't asked to migrate when I logged in, but does anyone have any idea how to check this definitely?

30 seconds on Google teaches us that Thailand only taxes income sourced in Thailand or remitted to Thailand in the same calendar year it was earned. Leave your affiliate earnings outside of Thailand and you don't have to pay any tax on it, so stop worrying. Also, Thailand has a labour force of...

How long have you been using this firm @abdulkaddir and what services? Do you know their price for RAK ICC formation and yearly maintenance costs? Granted they also have information about liquidation procedures on their website which is a plus in my book, most "agents" skip this information no...

Of course you can, it is like a regular bank account (mostly.)

That's from my own agent which I have used for this setup. There are plenty others to find if you Google around, I'm unsure about promotions/links here so not going to post anything. People on this forum have been talking about license costs and so on when it comes to UAE companies however that...

You don't have to pay any tax if you setup a UAE company in RAK FZ. No accounting and no audit required. Transferwise accepts UAE companies and the corporate registry is anonymous. Running cost for year 1 and on 2000 - 2500 EUR. Setup cost around 2500 EUR.

So .... anyone feel like depositing some $$$? I thought of a new slogan for them: "With no baggage from the past, SATA bank is breathing new life into banking" But wait, that was their old one!

Well who do you want to be private for? You already live in a zero-tax jurisdiction...

Well I only have a handful of transfers per month in and out from my business account from other companies or myself, but they have worked flawlessly.

Yes, only once when I opened the account.

I was also affected by the closing of SATA bank, luckily with only a small amount deposited. I received an email a couple of weeks ago requesting me to login and enter account details for transferring my remaining balance to another account via SEPA inside EU, which I did. The full amount was...