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having started by-the-book (software) businesses in both Thailand and the USA I agree. In both countries it's very easy to build/run unofficial businesses. B
by novaleaf 7y ago
having started by-the-book (software) businesses in both Thailand and the USA I agree.
In both countries it's very easy to build/run unofficial businesses. But running a legal business is very different. In Thailand, I needed to hire a full time bookkeeper plus 3 weeks/year of an accountant just to run a 5 person business, and still needed to suffer through 2 weeks/year of government audits. In the USA, I can do everything myself (about 2 weeks/year of tax/bureaucracy overhead)