Taxation in Thailand encompasses various aspects that individuals and businesses should be aware of before making financial decisions. Whether you’re an expatriate, investor, or business owner, understanding the tax landscape is crucial.

Income earned in Thailand, regardless of its source, is subject to taxation. This includes salaries, rental income, capital gains, and other forms of income. Individuals and businesses must fulfill their tax obligations promptly to avoid penalties and ensure compliance with Thai tax laws.

At Belaws, our team of expert lawyers across Bangkok, Koh Samui, Pattaya, and Phuket provides comprehensive tax advisory services. From personal income tax planning to corporate tax structuring, we offer tailored solutions to optimize your tax strategy and ensure regulatory compliance.

Access our digital platform for quick answers to your tax queries, detailed tax planning advice, and seamless tax filing services. Stay informed and proactive in managing your tax affairs in Thailand with Belaws.

Destination Thailand Visa Tax

15/10/2024
Destination Thailand Visa Tax Optimization for Remote Workers: Unlock strategies to maximize your stay, minimize taxes, and enjoy digital nomad life in Thailand.

EEC

23/09/2024
Thailand continues to develop its position as a leading destination for foreign investment with the BOI and EEC as top options for foreign investors.

Thailand VAT Requirements

02/09/2024
This blog post will explore the compliance requirements for a BOI company that has just been awarded their BOI Acceptance Letter until they can start their business operations.

Thailand Tax Incentives for Foreign Investors from the BOI

14/08/2024
To encourage investment, the BOI provides a comprehensive package of Thailand tax and non-tax benefits.

New Thailand VAT Requirements for Low-Value Imports 2024

09/07/2024
7% Value-Added Tax (VAT) be added to all imported goods, including those valued at less than 1,500 Thai Baht (THB).

REITs in Thailand

05/06/2024
Thailand’s government is boosting real estate investment through REITs by offering tax breaks. This aims to support the real estate sector.

Thailand's Tax Breaks for Investment Tokens

28/05/2024
Thailand has taken significant steps to promote fundraising through investment tokens by introducing tax breaks for investment tokens.

Debt Repayment in Thailand

23/05/2024
Debt repayment is an important part of business and financial transactions, ensuring that creditors receive the payments owed to them by debtors.

Mergers and Acquisitions in Thailand

01/05/2024
Mergers and acquisitions can take many different forms depending on the goals, industries, and deal structures involved.

BOI Offers Tax Privileges for Developing Housing for Low-Income Thais

01/05/2024
BOI Offers Tax Privileges for Developing Housing for Low-Income Thais.

Thailand Introduces New Property Measures

30/04/2024
Thailand’s government introduced a new proposal aimed at supporting and encouraging growth in its residential real estate market.

Personal Income Tax, Married Couples, Thailand Tax Laws, Deductible Expenses, Allowances, Tax Rates, Filing Options, Progressive Tax System, Child Allowance, Home Loan Interest Deduction, Personal Allowances, Parental Care Allowance, Disabled Family Members, Filing Separately, Joint Tax Return

05/02/2024
In this blog post, we will explore the key aspects of Thailand’s Personal Income Tax for married couples.

How to Start a Brewery in Thailand

17/01/2024
This blog post will outline the process for how to start a brewery in Thailand.

Government To Reduce Alcohol Taxes

16/01/2024
The Thai Government has announced pans to reduce alcohol taxes.

What is the Yellow House Registration Book and Pink ID card?

15/01/2024
The Yellow House Registration Book and Pink ID Card are two important documents for non-Thai nationals living in Thailand long term.

Personal Income Tax Shopping Allowance in Thailand

09/01/2024
This blog post aims to provide a clear understanding of the personal income tax allowance for shopping in Thailand.

Land and Buildings Tax in Thailand: A Comprehensive Guide

26/09/2023
Exploring the Land and Buildings Tax in Thailand.

23/08/2023
Taxation is an essential aspect of doing business in Thailand.

Digital banks to come to Thailand by 2025

08/02/2023
Virtual banks or digital banks could be coming to Thailand by 2025.

Updates on Income Tax Exemptions for Purchases of Goods and Services

07/02/2023
Thailands Revenue Department has released an update on income tax exemptions for purchases of goods and services

Double Tax Agreements in Thailand

30/01/2023
Double tax is a potential issue for expats and foreign businesses operating in Thailand or abroad.

What are the rights and protections of minority shareholders in Thailand

20/12/2022
Minority shareholders may suffer from a lack of protection for their interests.

What are the fees and taxes for selling a condo in Thailand?

08/12/2022
In this article, we will take a look at the fees and taxes for selling a condo in Thailand.

Tax in Thailand: common mistakes and possible penalties

14/11/2022
Tax in Thailand can be complicated and can easily cause confusion among people who are not familiar with them.

VAT in Thailand

06/10/2022
Any person or company that supplies goods or provides services with an annual turnover exceeding THB 1.8 million is subject to VAT in Thailand.

2022 Cryptocurrency Taxation guidelines in Thailand

31/03/2022
Thailand’s Revenue Department has published the official guidelines for personal income tax on cryptocurrency and digital assets.

Thailand publishes new Country-by-Country transfer pricing reporting rules

08/12/2021
On September 30, 2021, Thailand’s Revenue Department published a new notification setting out the country-by-country (CBC) transfer pricing reporting requirements for multinational enterprises (MNE) that are undertaking business in Thailand.

Thailand is set to become the main hub in Southeast Asia for the production of electric vehicles with new tax incentives

26/10/2021
Thailand: new incentives to remain a leading hub for the automotive industries.

Thailand introduces new rates for Social Security Fund contributions

12/10/2021
Thailand’s Minister for Labour has announced a new regulation relating to Social Security Fund (SSF) contributions.

Crypto tax in Thailand What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?

07/10/2021
Thailand is currently experiencing a Blockchain boom, with exchanges and Fraction all being granted a Digital Assets Exchange License from Thailand’s Ministry of Finance.