[Humlea]

For those people toying about the idea of using company to own lands, maybe a simple cost breakdown for better understanding what you getting into.

Without discussing the 49/51% etc and disregard whether it's a genuine business or just setup for owning land purposes, let's look at the minimum cost.

Let's only look at the monthly cost.

4 pax social security tax min 1,100 x 4,400 (fake or real workers)
Your tax at min 45k declared salary is about 2,200
Your real of fake office min 5,000
Accountant part time min 3,500
A year already 52,800 + 26,400 + 60,000 + 42,000 =181,200

Not including your Work Permit and Visa. Of course you want to be the director of the business to secure your land owning. So getting a agent to do it cost another 55,000 a year.

So even if your business is real, if you don't have 3-4 million baht turnover every year with net profit of 20% above, don't bother doing it, because workers salary will eat into your profit.