Guides and updates

Thailand Accounting, Tax and Business Guides

Practical guides on accounting, tax, payroll, company formation and visas in Thailand.

tax return, personal income tax, taxation law, tax residents, assessable income, thai revenue, maximum tax, how much income tax should be deducted, tax on income
Accounting 7 min read

Thai Tax Returns: A Complete Guide to Assessable Income for Tax Residents (2025)

Introduction Tax returns are essential documents that individuals and businesses must file annually to report their income, expenses, and other financial information to the government. This guide aims to provide a clear understanding of tax returns, the filing process, benefits, and common questions surrounding them. Determining the source of your income is important for understanding your tax obligations in Thailand. Thai tax residents are now obligated to include such […]

FATCA
Start a company 7 min read

Does FATCA Affect US Citizens who are Residents of Thailand?

In the global effort to combat tax evasion and promote financial transparency, the United States’ Foreign Account Tax Compliance Act (FATCA) was introduced. Thailand, as of 2016 has been a signatory agreement. This article explores the background, implementation, and impact of FATCA on US citizens in Thailand.

crypto tax
Start a company 8 min read

Crypto Tax Declarations in Thailand

Navigating Thailand’s crypto tax landscape: Learn about capital gains tax, VAT implications, and reporting requirements for cryptocurrency transactions. Essential knowledge for traders and investors to ensure proper tax declaration and compliance in the Thai market.

Claiming Travel Expenses for Thai Companies
Accounting 8 min read

Claiming Travel Expenses for Thai Companies in 2025

Introduction Conducting business in Thailand often necessitates travel, whether it’s attending industry events, meeting clients, or overseeing operations in different locations. However, properly budgeting, documenting, and reimbursing these travel expenses can be a complex process, with potential pitfalls companies should be aware of. As a company operating in Thailand, it’s important to understand the regulations […]

New Regulations for Taxing Foreign Income in Thailand
Tax 4 min read

New Regulations for Taxing Foreign Income in Thailand

In Thailand, tax residents are typically subject to personal income tax based on residency, theoretically encompassing their worldwide income. However, due to the Revenue Department’s interpretation of Section 41, paragraph 2 of the Revenue Code, numerous Thai tax residents, whether Thai citizens or foreign individuals have enjoyed exemption from paying personal income tax on income earned abroad.

How to Issue a Tax Invoice/Receipt in Thailand
Guides 6 min read

How to Issue a Tax Invoice/Receipt in Thailand

When conducting business in Thailand, it’s essential to understand the legal requirements for issuing tax invoices or receipts. These documents play an important role in submitting VAT (Value Added Tax) and ensuring compliance with tax regulations. Failure to issue it correctly may lead to non-deductibility of expenses and increase the company’s tax liability.

Writing Off Debts for Thai Companies
Run a company 8 min read

Writing Off Debts for Thai Companies

When a business in Thailand is unable to collect a debt from a debtor, it may be eligible to write off the debt from its accounts.

Double Tax Agreement
Tax 5 min read

Double Tax Agreements in Thailand

Double Tax Agreements (DTAs) ensure that income is taxed only once and to promote cross-border trade and investment.

Sending money out of Thailand in 2025
Run a company 5 min read

Sending money out of Thailand in 2025

In Thailand, both businesses and individuals often find themselves needing to transfer money out of Thailand. However, this process is not straightforward and without its challenges. Thailand has strict regulations regarding foreign exchange transactions and imposes taxes on profit remittance.

Investment visa
Visa 5 min read

What is the Thailand Investment Visa?

The Thailand Investment visa (Non-Immigrant IM) aims to encourage foreign investment in the country and provide long-term residency opportunities for eligible individuals.

Exploring the benefits of the IEAT in Thailand
Run a company 6 min read

Exploring the benefits of the IEAT in Thailand

Thailand has positioned itself as a hub for international business, and the Industrial Estate Authority of Thailand plays a pivotal role in its success. Offering a unique blend of strategic location, infrastructure, and incentives such as 100% foreign ownership of a business and land, the provides a unique opportunity for foreign companies to establish and expand in Southeast Asia.

Thai Accounting & Compliance Essentials
Free Comprehensive Guide

Thai Accounting & Compliance Essentials

Running a company in Thailand means more than filing tax returns. This comprehensive guide explains your accounting obligations, financial reporting duties, mandatory audit requirements for Thai companies, bookkeeping best-practices and the practical steps every business needs to be aware of to stay compliant.

One complete guide that explains everything a business owner needs to know, in plain English.

  • Your accounting obligations
  • Financial reporting duties
  • Mandatory audit requirements
  • Bookkeeping best practices
  • Practical steps to stay compliant

Download Free eBook