xvend Posted April 23, 2021 Share Posted April 23, 2021 (edited) Hi, My current Thai company has a registered capital of 2mil. I am investing more of my own money in equipment and renovations of 8mil. I do realize that by increasing registered capital to 10mil my tax on profit increases from 10% to 20%. Our accountant for this reason is discouraging us from increasing registered capital. I do know one advantage of increased capital is I could hire more foreign staff. What are the other advantages to increasing capital? Thank you Edited April 23, 2021 by xvend Link to comment Share on other sites More sharing options...
blackcab Posted April 23, 2021 Share Posted April 23, 2021 1 hour ago, xvend said: I do know one advantage of increased capital is I could hire more foreign staff. If you also additionally employ the correct ratio of Thai staff. Link to comment Share on other sites More sharing options...
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