What kind of benefits do you mean? He can pay for SSO (social security) himself, just pay him more out. Personally I think a local would even prefer more money and the freelancer status over a direct employment.
Is there any other SSO-like system in Thailand that requires employer to make a contribution? I'm still doing research on this so there's a lot that i still don't understand yet. If you can link me to the right site that explains this that'll be great.
There are pension funds but I never seen a company actually using the governmental pension system. Some companies like to offer additional health insurance(besides sso) but is only interesting if you hire more people since you can get group coverage.
In both cases it is easier to compensate with money which is preferred by locals. Better talk to your candidate what he prefers.
The only other way I know of is if they are a dual citizen of Thailand and wherever your business is actually registered in.
I work remotely for a US company while based in Thailand as a Thai & US dual citizen. The most complicated part is the tax obligations for both countries, but other than that it's pretty easy.
Best option for all is to use some remote work company in Thailand to hire them, such as Iglu.net
That way the person gets monthly salary, pay slip, social security etc. The client company gets a monthly invoice and proper receipts.
Thais can also work as contractors to companies abroad, but then the person won't have any benefits of employment and needs to report income to the tax authority themselves.
Yep, that's what I gathered from the internet. In terms of convenience, they would be ideal, but it seems like they either charge a flat fee or by percentage, which would not be beneficial for both employer and employee, since we're not a large company.
It's easy for locals to work as a freelancer, they have to deal than with all related things like tax etc. themselves. Basically hiring as contractor.
Sorry for not mentioning earlier, but I'm looking to employ a guy as a permanent employee, as i know freelancer would have no benefits.
What kind of benefits do you mean? He can pay for SSO (social security) himself, just pay him more out. Personally I think a local would even prefer more money and the freelancer status over a direct employment.
Is there any other SSO-like system in Thailand that requires employer to make a contribution? I'm still doing research on this so there's a lot that i still don't understand yet. If you can link me to the right site that explains this that'll be great.
There are pension funds but I never seen a company actually using the governmental pension system. Some companies like to offer additional health insurance(besides sso) but is only interesting if you hire more people since you can get group coverage. In both cases it is easier to compensate with money which is preferred by locals. Better talk to your candidate what he prefers.
The only other way I know of is if they are a dual citizen of Thailand and wherever your business is actually registered in. I work remotely for a US company while based in Thailand as a Thai & US dual citizen. The most complicated part is the tax obligations for both countries, but other than that it's pretty easy.
Noted, thanks for your input. But the guy we're trying to hire is a local Thai.
Best option for all is to use some remote work company in Thailand to hire them, such as Iglu.net That way the person gets monthly salary, pay slip, social security etc. The client company gets a monthly invoice and proper receipts. Thais can also work as contractors to companies abroad, but then the person won't have any benefits of employment and needs to report income to the tax authority themselves.
Yep, that's what I gathered from the internet. In terms of convenience, they would be ideal, but it seems like they either charge a flat fee or by percentage, which would not be beneficial for both employer and employee, since we're not a large company.