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.
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.
https://belaws.com/thailand/wp-content/uploads/2024/10/Destination-Thailand-Visa-Tax.webp
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-10-15 11:29:302024-10-17 10:02:02Destination Thailand Visa Tax Optimization for Remote Workers23/09/2024
Thailand continues to develop its position as a leading destination for foreign investment with the BOI and EEC as top options for foreign investors.
https://belaws.com/thailand/wp-content/uploads/2024/09/EEC.webp
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-09-23 10:30:232024-12-19 10:04:42BOI or EEC, Which is Best for your Business in Thailand?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.
https://belaws.com/thailand/wp-content/uploads/2024/09/VAT.webp
1054
1304
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-09-10 11:33:232024-12-19 10:04:40New Thailand VAT Requirements for Low-Value Imports 202514/08/2024
To encourage investment, the BOI provides a comprehensive package of Thailand tax and non-tax benefits.
https://belaws.com/thailand/wp-content/uploads/2024/08/imresizer-1723614468963.webp
1053
1303
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-08-15 09:55:422024-09-17 14:31:49Thailand Tax Incentives for Foreign Investors from the BOI09/07/2024
7% Value-Added Tax (VAT) be added to all imported goods, including those valued at less than 1,500 Thai Baht (THB).
https://belaws.com/thailand/wp-content/uploads/2024/07/New-Thailand-VAT-Requirements-for-Low-Value-Imports-2024.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-07-09 13:58:372024-12-19 10:31:17New Thailand VAT Requirements for Low-Value Imports 202405/06/2024
Thailand’s government is boosting real estate investment through REITs by offering tax breaks. This aims to support the real estate sector.
https://belaws.com/thailand/wp-content/uploads/2024/05/REITs-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-06-05 07:44:322024-12-20 17:28:34REITs in Thailand : Understanding the Investment Landscape28/05/2024
Thailand has taken significant steps to promote fundraising through investment tokens by introducing tax breaks for investment tokens.
https://belaws.com/thailand/wp-content/uploads/2024/07/Investment-Tokens-new.webp
995
1232
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-05-28 09:23:132024-12-19 10:12:17Thailand’s Tax Breaks for Investment Tokens23/05/2024
Debt repayment is an important part of business and financial transactions, ensuring that creditors receive the payments owed to them by debtors.
https://belaws.com/thailand/wp-content/uploads/2024/05/Debt-Repayment-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-05-27 03:39:342024-07-18 06:34:56Debt Repayment in Thailand01/05/2024
Mergers and acquisitions can take many different forms depending on the goals, industries, and deal structures involved.
https://belaws.com/thailand/wp-content/uploads/2024/05/Mergers-and-Acquisitions-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-05-01 09:17:462024-11-22 06:24:24Mergers and Acquisitions in Thailand01/05/2024
BOI Offers Tax Privileges for Developing Housing for Low-Income Thais.
https://belaws.com/thailand/wp-content/uploads/2024/04/BOI-Offers-Tax-Privileges-for-Developing-Housing-for-Low-Income-Thais.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-05-01 06:56:542024-05-17 07:00:32BOI Offers Tax Privileges for Developing Housing for Low-Income Thais30/04/2024
Thailand’s government introduced a new proposal aimed at supporting and encouraging growth in its residential real estate market.
https://belaws.com/thailand/wp-content/uploads/2024/04/Thailand-Introduces-New-Property-Measures.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-04-30 07:09:092024-05-17 07:16:45Thailand Introduces New Property Measures05/02/2024
In this blog post, we will explore the key aspects of Thailand’s Personal Income Tax for married couples.
https://belaws.com/thailand/wp-content/uploads/2024/02/Personal-Income-Tax-for-Married-Couples-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-02-06 07:26:022024-12-19 10:52:04Personal Income Tax for Married Couples in Thailand17/01/2024
This blog post will outline the process for how to start a brewery in Thailand.
https://belaws.com/thailand/wp-content/uploads/2024/01/How-to-Start-a-Brewery-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-01-23 05:30:422024-05-20 15:57:37How to Start a Brewery in Thailand16/01/2024
The Thai Government has announced pans to reduce alcohol taxes.
https://belaws.com/thailand/wp-content/uploads/2024/01/Government-To-Reduce-Alcohol-Taxes-.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-01-22 06:48:262024-01-22 06:54:36Government To Reduce Alcohol Taxes15/01/2024
The Yellow House Registration Book and Pink ID Card are two important documents for non-Thai nationals living in Thailand long term.
https://belaws.com/thailand/wp-content/uploads/2024/01/What-is-the-Yellow-House-Registration-Book-and-Pink-ID-card.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-01-18 06:45:592024-12-19 10:16:43What is the Yellow House Registration Book and Pink ID card?09/01/2024
This blog post aims to provide a clear understanding of the personal income tax allowance for shopping in Thailand.
https://belaws.com/thailand/wp-content/uploads/2024/01/Personal-Income-Tax-Shopping-Allowance-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2024-01-09 11:40:392024-01-15 16:39:16Personal Income Tax Shopping Allowance in Thailand26/09/2023
Exploring the Land and Buildings Tax in Thailand.
https://belaws.com/thailand/wp-content/uploads/2023/09/Land-and-Buildings-Tax-in-Thailand-A-Comprehensive-Guide.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2023-09-26 10:23:242024-12-19 10:05:27Land and Buildings Tax in Thailand: A Comprehensive Guide23/08/2023
Taxation is an essential aspect of doing business in Thailand.
https://belaws.com/thailand/wp-content/uploads/2023/08/Taxation-in-Thailand-What-you-need-to-know.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2023-08-23 13:19:002023-10-24 09:57:20Taxation in Thailand: What You Need to Know08/02/2023
Virtual banks or digital banks could be coming to Thailand by 2025.
https://belaws.com/thailand/wp-content/uploads/2023/02/Digital-banks-to-come-to-Thailand-by-2025.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2023-02-08 17:03:592023-08-09 12:16:02Digital banks to come to Thailand by 202507/02/2023
Thailands Revenue Department has released an update on income tax exemptions for purchases of goods and services
https://belaws.com/thailand/wp-content/uploads/2023/02/Updates-on-Income-Tax-Exemptions-for-Purchases-of-Goods-and-Services.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2023-02-07 17:46:022023-10-24 12:22:58Updates to income tax exemptions for the purchase of goods and services30/01/2023
Double tax is a potential issue for expats and foreign businesses operating in Thailand or abroad.
https://belaws.com/thailand/wp-content/uploads/2023/01/Double-Tax-Agreements-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2023-01-30 13:23:112024-12-19 10:05:26Double Tax Agreements in Thailand20/12/2022
Minority shareholders may suffer from a lack of protection for their interests.
https://belaws.com/thailand/wp-content/uploads/2022/12/What-are-the-rights-and-protections-of-minority-shareholders-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2022-12-20 14:04:202023-10-24 12:25:19What are the rights and protections of minority shareholders in Thailand08/12/2022
In this article, we will take a look at the fees and taxes for selling a condo in Thailand.
https://belaws.com/thailand/wp-content/uploads/2022/12/What-are-the-fees-and-taxes-for-selling-a-condo-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2022-12-08 17:13:202023-10-24 12:27:36What are the fees and taxes for selling a condo in Thailand?14/11/2022
Tax in Thailand can be complicated and can easily cause confusion among people who are not familiar with them.
https://belaws.com/thailand/wp-content/uploads/2022/11/Tax-in-Thailand-common-mistakes-and-possible-penalties.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2022-11-14 15:53:372023-10-24 12:33:23Tax in Thailand: common mistakes and possible penalties06/10/2022
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.
https://belaws.com/thailand/wp-content/uploads/2022/10/VAT-in-Thailand.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2022-10-06 16:12:262024-12-19 10:05:47VAT in Thailand31/03/2022
Thailand’s Revenue Department has published the official guidelines for personal income tax on cryptocurrency and digital assets.
https://belaws.com/thailand/wp-content/uploads/2022/03/Crypto-Tax-Guidelines-Square.png
800
990
jonathan
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
jonathan2022-03-31 15:04:552024-12-19 10:32:362025 Cryptocurrency Taxation guidelines in Thailand08/12/2021
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.
https://belaws.com/thailand/wp-content/uploads/2021/12/123a.png
800
990
bertrand_admin_belaws
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
bertrand_admin_belaws2021-12-08 13:36:002024-12-19 10:51:52Thailand publishes new Country-by-Country transfer pricing reporting rules26/10/2021
Thailand: new incentives to remain a leading hub for the automotive industries.
https://belaws.com/thailand/wp-content/uploads/2021/10/096.png
800
990
bertrand_admin_belaws
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
bertrand_admin_belaws2021-10-26 17:04:252023-08-11 09:23:15Thailand is set to become the main hub in Southeast Asia for the production of electric vehicles with new tax incentives12/10/2021
Thailand’s Minister for Labour has announced a new regulation relating to Social Security Fund (SSF) contributions.
https://belaws.com/thailand/wp-content/uploads/2021/10/083a.png
800
990
bertrand_admin_belaws
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
bertrand_admin_belaws2021-10-12 13:09:312024-12-19 08:47:46Thailand introduces new rates for Social Security Fund contributions07/10/2021
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.
https://belaws.com/thailand/wp-content/uploads/2021/10/080.png
800
990
bertrand_admin_belaws
https://belaws.com/thailand/wp-content/uploads/2021/10/logo_B_png.png
bertrand_admin_belaws2021-10-07 16:25:352024-12-19 10:32:30What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?