Shareholding vs working
Passive shareholders receiving dividends need no permit; directors managing day to day do.
Foreign owners or directors managing a Thai company also need a work permit. Holding shares without working does not require one, but signing, managing or attending regular operational meetings counts as work.

Foreign owners or directors managing a Thai company also need a work permit. Holding shares without working does not require one, but signing, managing or attending regular operational meetings counts as work.
This page is for foreign shareholders and directors. Based on the Royal Decree on Managing the Work of Foreigners 2017 as amended and Department of Employment notices; criteria may change, so check the latest notice before filing.
Passive shareholders receiving dividends need no permit; directors managing day to day do.
Foreign shareholding must comply with the Foreign Business Act; check before structuring.
The company must genuinely operate, with premises, financial statements and Thai staff per applied criteria.
State the real role, such as managing director, consistent with the company certificate.
Companies without financial statements may need other evidence of operation; check with the local employment office.
Paid directors are subject to withholding tax and personal income tax filing.




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