Taxes in Thailand
Businesses face substantial hurdles as a result of today’s tax regimes. Because of the intricacies of domestic and international regulations, businesses require clear, well-informed, and well-considered assistance. As tax consultants in Thailand, we work directly with you to provide clear, comprehensive tax-efficient solutions that offer you confidence and enable you to achieve long-term success.
We work with you closely to design tax strategies that help you achieve your strategic objectives.
Tax solutions in Thailand
As tax consultants in Thailand, we work directly with you to provide clear, comprehensive tax-efficient solutions that offer you confidence and enable you to achieve long-term success.
We work with you closely to design tax strategies that help you achieve your strategic objectives. We assist customers with all elements of personal and business income tax, as well as worldwide tax, in Thailand.
Tax optimization
We help clients navigate an increasingly complex tax landscape across the country and around the world.
Our tax specialists use their extensive experience and industry knowledge to provide clients with the insights and innovation they require to be compliant and add value – no matter where they do business.
Tax consultation
Our expert tax advisers can help you grow and protect your business by providing the right level of tax support to help you achieve your objectives. From tax consulting to help you document your corporate tax strategy to fully outsourced tax compliance services, we can help you grow and protect your business.
We also serve private clients with specialized tax assistance, ensuring that you have the information you need to make informed financial decisions.
VAT registration
Businesses that are VAT-registered are granted a VAT number, which can be shown on invoices, letterheads, websites, and other company stationery. This can be appealing to other businesses as well, as many of them may be hesitant to do business with a non-VAT registered organization because it is too small.
We will assist you with registering.
Bookkeeping
You’ll have the power you need to manage your company’s finances with our comprehensive bookkeeping services.
We’ll prepare your company’s monthly profit/loss statement so you’ll always know how your finances are doing.
Applying for tax return
From corporate tax advice to business VAT assistance, we take a balanced and complete approach to all we do. We look at your entire business picture, not just your next tax return, and provide practical, commercially focused guidance from tax consulting professionals with years of expertise.
Register as a taxpayer
We can help you obtain a taxpayer registration form and provide instructions during the application process. Our services are easy and reliable.
System of taxes and fees in Thailand
Except for income subject to petroleum income tax, the Thai Revenue Code levies taxes on all income. Personal income tax (income tax on individuals) and corporate income tax (income tax on businesses) are the two forms of income taxes (income tax on juristic entities). The corporate income tax in Thailand is a tax on the earnings of legal businesses.
Tax rates
The table below presents several of the most frequently encountered tax types along with their corresponding rates.
| Tax | Tax Rate |
|---|---|
| VAT | 7% |
| Corporate income tax | 20% |
| Personal income tax | 0% – 35% |
| Dividend tax | 10% (Withholding Tax) |
| Capital Gains tax | 15% (under standard income tax) |
| Property tax | 0.01% – 3% (Progressive) |
| Inheritance tax | 5% – 10% |
| International tax | 0% – 35% (Varies by Tax Type) |
| Cryptocurrency tax | 15% (Under Capital Gains Tax) |
Request bookkeeping solution
As tax consultants in Thailand, we work directly with you to provide clear, comprehensive tax-efficient solutions that offer you confidence and enable you to achieve long-term success. We collaborate closely with you to develop tax strategies that help you accomplish your strategic goals. We assist customers with all elements of personal and business income tax, as well as worldwide tax, in Thailand.
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Disclaimer
Tax laws and regulations are regularly updated and can differ depending on personal circumstances. The information shared here is intended for general guidance and may not represent the latest changes. It is strongly advised to seek the assistance of a qualified tax professional for tailored and current advice relevant to your situation.