Living in Iceland while working in Thailand
Can I work remotely for a company in Thailand while being in Iceland?
It is usually doable, but we recommand to check the following key points first:
- The company must be registered in Thailand.
- The company must have a registered office in Thailand.
- The company must have a registered agent in Thailand.
- The company must have a bank account in Thailand.
- The company must have a registered office in Iceland.
- The company must have a registered agent in Iceland.
- The company must have a bank account in Iceland.
How to live in Iceland and find remote work in Thailand?
Finding remote work in Thailand if you are located in Iceland might be difficult, therefore we recommend to start your search in Thailand.
Thailand is a country that has a lot of remote work opportunities. The country has a lot of expats and foreigners that are looking for remote work.
There are many different remote work opportunities in Thailand.
How a company in Thailand can send my salary in Iceland?
When working remotely for a corporation in Thailand, you salary can be send to Iceland but only if you are a part-time worker.
I was working as a software developer for a company in Thailand. I was a part-time worker and I was paid in Thai Baht. I was working for a company in Thailand and I was paid in Thai Baht.
Where to pay my taxes when working remotely in Iceland for a company in Thailand?
If you are working remotely in Iceland for a corporation established in Thailand, taxes could seem complicated but in fact it’s very simple.
What is the difference between an employee and an independent contractor?
An employee is someone who works for you as a wage earner. A contractor is someone who works for you as an independent business.
You can only deduct the amount of your net income that you paid to the state. This includes your wages, salaries, commissions, bonuses, and the amount of your self-employment tax.
If you are working remotely in Iceland, you are considered to be an independent contractor. If you are working remotely in Thailand for a corporation established in Iceland, you are considered to be an employee.
In order to be able to deduct the amount of your net income that you paid to the state, you need to be an employee and not an independent contractor.
If you are working remotely in Iceland for a corporation established in Thailand, you are considered to be an independent contractor.
You are not considered to be an employee if you are working remotely in Iceland for a corporation established in Thailand.