Taxes and Fees to Know When Selling Real Estate in Thailand
Selling real estate in Thailand can be a complex process, with a variety of taxes and fees that may apply to a transaction.
Practical guides on accounting, tax, payroll, company formation and visas in Thailand.
Selling real estate in Thailand can be a complex process, with a variety of taxes and fees that may apply to a transaction.
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 […]
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.
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.
This article delves into the myriad benefits of setting up a limited company in Thailand and provides a comprehensive guide tailored to foreign investors.
This article delves into the myriad benefits of setting up a limited company in Thailand and provides a comprehensive guide tailored to foreign investors.
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 […]
Understanding the process and implications of dividend payments in Thailand helps ensure compliance. Key aspects include tax and legal reserve requirements.
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.
Understanding available deductible expenses and exemptions is a key point for minimising a company’s tax burden.
In this guide, we will explain the process of opening an offshore bank account in Hong Kong.
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.
The withholding tax system in Thailand requires companies issuing Withholding Tax Certificates.
The withholding tax system in Thailand plays a central role in the collection of income tax.
The Thailand SMART Visa, is a specialized visa aimed at attracting highly-skilled foreign workers, investors, executives, and startup entrepreneurs to Thailand.
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 Agreements (DTAs) ensure that income is taxed only once and to promote cross-border trade and investment.
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.
The Thailand Investment visa (Non-Immigrant IM) aims to encourage foreign investment in the country and provide long-term residency opportunities for eligible individuals.
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.

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.