“Phuket is badly affected by the current crises” a statement by V / Gov Phichet, September 11, 2020.
What do you want as a government with foreigners who invest money in a Thai company?
We are a startup (restaurant and production), started in July 2019, with all rules required by law, Thai shareholder, all registrations and registrations for Ltd, tax, social security, required Thai employees (minimum 8 in our case), miscellaneous costs that are necessary to allow two shareholders to reside and investment in equipment.
To be prepared to start the season, which started in mid-September 2019, all calculated run-up losses will incur if it appears that the season will start later than normal. In mid-December, things are going better and things are going in the right direction, January 2020 is the first month that yields some profit, February 2020 is not great but not bad either. March has of course become a historic month, the tourist flow has come to a complete standstill.
Dramatic for the local working population, in particular, emergency facilities are set up with meals for the most affected, it’s a sad situation overall. The companies that can have it in the first instance (financially) helped out.
Temporary closures accompanied by dismissed employees are a reality and inevitable. In the first instance, employees continue to be paid without there being any income.
Where most of the entrepreneurs still think everything will be back to normal in a few months, it turns out that it has a much greater impact than ‘’just’’ a few months.
Given the current situation and all well-intentioned government initiatives, we should not expect a 2020-2021 season. This is not doom thinking but reality.
We can hang and strangle until now with a postponement arrangement and with some production "there", that’s all, pure survival now for 7 months. No income, no staff, staff entered the redundancy pay scheme, resigned or simply disappeared.
After millions of invested capital further, it is September 2020. Time to renew the visas, this is huge paperwork to do. There are many requirements that are not a problem under "normal" circumstances, usually matters relating to the last three months of the business, including a statement of personnel registered for social security benefits. With registration, the company is temporarily shut down from mid-March. Due to the compulsory closure, there is no staff, the opening is delayed and the situation is as it is, no tourists can be seen.
Then it is a shame and you can leave the company and leave the country, yes but ... there is no yes but, rules are rules and no exception is made even though there is a crisis. We will be told that there might be an agency that can help us… We have to bring a large amount of money for that, but we do not have a large amount of money.
We left the immigration office stunned.
From their own experience, foreign entrepreneurs and wealthy Thai residents take the initiative to help the Thai population, free for nothing and no ulterior motives for later, they stick their necks out to help the local population.
Government, what have you done to help entrepreneurs, local and foreigners, to survive? Banks do not give soft loans without security (who can guarantee security?), Tax rebates? freezing of debt? rent support/postponement? Many conflicting messages/rules and so you cause chaos and no one behind a desk takes initiative. Because there are no unambiguous regulations, they rely on old rules.
Continue to stimulate the tourist economy and make Thailand on the world map as a holiday destination. But it is desirable that besides the capital powerful hotel and resort chains there are also local entrepreneurs to receive your guests in the restaurants and bars, support them generously!!
Government with all your concerns for a beautiful nation and a beautiful country for the necessary tourist flow, work for your people do not be starch. Much of the money flow on the island of Phuket still runs on foreigners who stay here. They can pay for the houses, eat regularly in restaurants and shop at the local entrepreneurs.
With us, more hard-working entrepreneurs and private individuals will be the victims of inimitable regulations.
Why are you chasing all foreigners out of the country with impossible financial demands and regulations?
Why do I have to leave everything behind as an entrepreneur?
I want to appeal to reasonableness and compassion, from the government, for all people who, even in times of crisis, have declared themselves loyal to your (!) country, helped with food and first aid. The majority of these relatively small entrepreneurs suffer by themselves after 7 months.
We are going back to the government’s office to see how we can do this legally.