Social Security: what, when and why?
Although you may believe that Social Security and the necessity to have four (4) Thai staff per foreign work permit holder, is a recent regulation change, it’s important to understand that this regulation has actually been in place for both a Business [Non B] Visa and a Work Permit for at least as long we’ve owned and operated Samui Law Firm.
Up until 2020, the Labor Office, Samui Immigration and Thai Consulates [around the world] did not enforce this regulation, which unfortunately, when they did so, it coincided with the devastating financial impact that COVID-19 brought as a by-product of the virus. As early as 2015, Samui Law Firm have been warning clients that the application of, and adherence to, this regulation was imminent and, our clients should be preparing for this eventually. From 2020 onwards, Social Security has now become a standard pre-requisite for foreign work permit holders!