What is New About Corporate Income Tax in Thailand?

The COVID-19 pandemic has left a very slow recovering scar on the economical and financial landscape throughout the world. The Royal Thai Government and the Board of Investment anticipate this pathetic situation and hence have made some investor-friendly announcements recently. Therefore, for your knowledge and information, we will discuss the announcements related to Corporate Income […]

How to Avail 50% Corporate Income Tax Reduction for Next 10 Years in Thailand

Is that even possible? Why not, provided you have a BOI-promoted company in Thailand? The Board of Investment, Thailand, offers many incentives to foreign investors; one of which is maximum 50% CIT reduction for up to 10 years. Even a foreign company in Thailand can also enjoy corporate income tax exemption for up to 13 […]

Tax guidelines for foreign companies in Thailand

Tax guidelines for foreign companies in Thailand Even after laying restrictions on certain economical and business areas, numerous foreigners are intent to set up a business in the Kingdom of Thailand. This is on the grounds that Thailand offers great infrastructure, labour and investment incentives to expats as we have already mentioned in one of our […]

All About Corporate Income Tax in Thailand

corporate income tax in thailand

Unfortunately, even in Thailand, one has to pay taxes, but happily not at the high rates prevailing in your home country. Note that, Corporate Income Tax in Thailand is a direct tax levied on a juristic company or partnership which is established under Thai or foreign law, and which carries on business in Thailand, or […]