Who is Settlr Global? How the operating arm of WOWS Global runs company registration, payroll, accounting and visas in Thailand

Settlr Global is the operating arm of WOWS Global, a Singapore-incorporated corporate advisory and investment banking group. It is an all-in-one platform for company setup, accounting and tax, payroll, visas and Employer of Record in Thailand. One Bangkok team runs company registration, accounting and tax, payroll, visas and work permits, plus employer of record (EOR) services for companies without a Thai entity. This setup reflects how Thai compliance connects: incorporation choices shape work permit eligibility, and every payroll run feeds a withholding tax filing.

Key takeaways

About the Author

This guide was written by the Settlr Global operations team in Bangkok, led by Managing Director Gagan Ajmani, who has 15+ years of regional experience across Southeast Asia. Settlr Global reports 200+ companies incorporated and 300+ visas and work permits processed, for 200+ clients from 15+ countries.

What is Settlr Global and how does it relate to WOWS Global?

Settlr Global is a Bangkok business operations company built so founders can set up, run and staff a Thai company through one provider. WOWS Global, the Singapore-incorporated parent, covers capital raising and regional expansion advice. Settlr Global handles the operating work on the ground.

It serves three main groups:

Each engagement moves through four stages (Scope, Set up, Go live and Run) with a single point of contact. Clients track filings, payroll, visas and deadlines on the client platform. The office is at United Tower, 333/10 Thong Lo, Khlong Tan Nuea, Watthana, Bangkok.

When comparing corporate services providers in Thailand, founders should ask who owns each filing. Settlr Global's about page introduces the leadership team.

Integration across registration, payroll, accounting and visas

The case for one operator comes down to dependencies. In Thailand, a decision made in one function often becomes an input for another.

A founder might think, "We'll sort out visas once the company exists." By that point, the capital and shareholding are already registered, and changing them generally requires another DBD filing.

The visa route should be mapped before the Memorandum of Association is signed. The Thailand Business Setup Guide sets out the sequence.

Company registration in Thailand step by step

Registration is the first of these linked decisions, because the entity type determines what the company can do and who it can employ.

Companies with half or more of their shares held by foreigners, in restricted sectors including many service businesses, generally need a Foreign Business License[8]. BOI promotion and the US Treaty of Amity are common exemptions, and both still need a Foreign Business Certificate from the DBD[9].

Settlr Global's incorporation service begins with an ownership review covering BOI eligibility, restricted activities and nominee risk before anything is filed. Companies considering promotion should also read the guide to BOI company registration.

Payroll, withholding tax and corporate income tax

After registration, a company's obligations become recurring, and they all draw on the same payroll and ledger data. The Revenue Department receives the core returns[10]:

Social security contributions go to the Social Security Office. Salary expense appears in both the payroll filings and the annual accounts, so the two sets of figures should reconcile. This makes withholding tax filings and corporate income tax returns easier to defend when they come from one ledger.

You can estimate employee deductions with the Payroll Tax Calculator and track deadlines in the Thailand Tax Calendar 2026. Settlr Global's payroll outsourcing and accounting services in Thailand can manage the ongoing cycle in Xero, Zoho Books or QuickBooks.

Work permits in Thailand: requirements and costs

Staffing is where the incorporation decisions above become visible. A foreign employee typically needs a Non-B visa in Thailand, followed by a work permit[4].

A standard work permit generally requires the employer to meet paid-up capital and staffing conditions[4].

The Thailand work permit cost has three parts:

For a small company, the Thai headcount requirement can cost more each month than the permit itself.

As a visa service provider, Settlr Global offers Thailand visa services covering Non-B applications, work permit issuance and renewal and 90-day reporting. Thai authorities decide every application, and processing times vary. Remote workers employed abroad often compare the DTV. The Thailand Visa Matcher gives indicative recommendations.

Employer of record in Thailand

The capital and ratio requirements explain why overseas companies often hire through an employer of record in Thailand before incorporating, or instead of incorporating. Through Settlr Global's EOR, Settlr Global becomes the legal employer of the client's staff in Thailand. The client chooses hires, sets salaries and directs the work.

The annual EOR fee can be calculated as N x F x 12, where N is the number of employees and F is the monthly fee. For example, three local hires start from THB 26,997 per month (published pricing on settlrglobal.com/pricing). The client funds salaries and statutory costs separately.

EOR in Thailand generally suits:

Companies should compare this fee against the cost of running their own entity. The EOR page and pricing page show the published plans.

Frequently asked questions

Can a company hire employees in Thailand without a local entity?

Yes, through an employer of record. With Settlr Global's EOR, the service provider becomes the legal employer and the first hire can be made in about 2 days, with the work permit and visa handled in tandem for foreign hires.

How is Settlr Global related to WOWS Global?

Settlr Global is the operating arm of WOWS Global, a Singapore-incorporated corporate advisory and investment banking group.

Does Settlr Global guarantee visa or work permit approval?

No. Thai authorities decide every visa, work permit, BOI and Foreign Business License application, and processing times vary.

Does Settlr Global work with Thai-owned businesses?

Yes. Thai-owned businesses use its payroll, accounting, tax and legal services alongside foreign founders.

Which visa suits a remote worker employed outside Thailand?

The DTV is often the first route to compare. The DTV guide covers 2026 requirements and the Thailand Visa Matcher provides indicative visa matches.

About Settlr Global

Settlr Global is the operating arm of WOWS Global, a Singapore-incorporated corporate advisory and investment banking group, and an all-in-one platform for company setup, accounting and tax, payroll, visas and Employer of Record in Thailand. It brings those services under a single team, so founders do not have to coordinate separate local agencies. The platform has processed payroll and compliance work for 200+ clients across 15+ countries, from early-stage startups to established multinational enterprises. Its Employer of Record service lets companies hire in Thailand in about two days, with or without a local entity.

To scope company registration, payroll, accounting or EOR for a Thai business, get in touch with the Settlr Global team.

References