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Monday, April 29, 2024

Problem with Thailand EoRs for Devs? How did you resolve it ?


Greetings, I’m thinking of working in Thailand through an EOR company I’ve contacted. From what I can see in their slides they take 30 % of the income and pay out the net salary.

I’ve entered my salary into the Thai tax calculator and without any benefits, I get around 20 percent tax. So their fee would be around 10% of my salary.

Is this the rule or are there EORs that work with flat fees in Thailand? An example of that would be something like [remote.com](https://remote.com) where you pay around 600 USD per month for their services.

Considering the trouble with Thailand visas and work permits I understand that could be higher here.

Even the 10 % doesn’t sound that bad but they limit your access to tax returns which seems like a huge downside to me. You can make some huge savings on tax by investing in the retirement fund and life insurance I’m not sure why they refuse to give you returns on those.

My salary is not huge but this could go up to 10k USD in fees per year. It would be even worse if invested in a retirement fund and other tax breaks. At this point are there any other alternatives? I would really like to work here legally.

TLDR: 10% doesn’t look bad but the biggest downside is no access to tax breaks. Are there any EORs in Thailand that just charge you the fee but let you get any tax benefits you should be getting?



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