If you register in Hong Kong instead of Singapore your tax rate will be 0% because you can be treated as doing business "offshore" which is not applicable to Hong Kong's 16.5% profits tax.
Offshore income without warm bodies operating in hk nor business activities which contributes to the overseas transaction. Otherwise one may still be in a uncomfortable grey zone. My advice is to get an expert in international tax before assuming the simplest solution.I'ts illegal to settle in Thailand and work in Thailand if you are not Thai and if you do not have a work permit and how can you have a work permit if you do not register your company ? Bangkok Personal Shopper.Many do that by registering Singapore/Hong Kong entity, and then register Thailand entity as subsidiary.
Getting investment outside, and working legally in Thailand.Who cares? we work on computers, this is not "real" workEgor Homakov The Thai government considers working online "real work" and if a government official chooses, you could be put in jail for working in Thailand without a work permit. There is no exception. You cannot work in Thailand without a work permit. There have been musicians playing for free at a bar who have been arrested. Currently the big "busts" tend to be targeted at Russians for their mafia-like antics, but they occasionally go after other people.