Thailand Tax Guide for US Expats
Around 20,000 Americans live in Thailand, which manages to maintain a careful balance between its rich cultural heritage and cutting-edge future. The Land of Smiles is a great place for American expats to base themselves on because of its laid-back atmosphere and tropical climate. Taxes are only one of the obligations that come with living […]
Income Tax Exemptions in Thailand
There is an announcement of a Royal Decree (“RD”) giving income tax exemptions in Thailand. This is applicable to all investments in target businesses. Noteworthily, this RD is part of ongoing government efforts to encourage social and scientific growth. The Revenue Decree Governing Exemption of Taxes and Duties (No. 750) B.E. 2565 (2022) went into […]
Shop Dee Mee Kuen for Tax Deduction in Thailand
Tax Season in Thailand is going to start very soon. So, if you have already made the calculations to file your Personal Income Tax this year, you need to hold back and check once. Have you made a deduction for the shopping you did this year? If not, let us explain to you the “Shop […]
Do Remote Workers in Thailand Have to Pay Taxes?
Welcome, Remote Workers in Thailand! Are you wondering about taxes? Konrad Legal is here to help. We understand that figuring out how to stay compliant with all the tax laws can be daunting – especially when you’re working from afar. That’s why we’re here to provide you with all the information you need to know […]
How to Obtain a Tax Clearance Certificate in Thailand?
You must be knowing about the sets of regulations governing the process of immigration of foreigners to Thailand. Similarly, there are some mandates that foreigners must follow while leaving Thailand. Obtaining a Tax Clearance Certificate in Thailand is one of those obligations. This article will guide you through the process of obtaining a Tax Certificate […]
PND 51 in Thailand: Half Yearly Tax Filing
It will soon be time to file your company’s semi-annual tax return (HALF YEAR REPORT) or Por Ngor Dor 51 (PND 51) in Thailand. If your business formation was in 2023 or before, and you choose the December 31 accounting period, your semiannual return is due on Wednesday, August 31, 2023. You will be liable […]
Incentives for Investments in Local Startups in Thailand
Thailand is providing tax incentives for investments in 12 different industries. This article intends to provide you with all the details that you must know before investing in local startups in Thailand. The information comprises the eligibility requirements, targeted industries, and tax incentives. The Thai cabinet granted Income Tax exemptions for investments in Thai startups, […]
Half Yearly Tax Filing in Thailand
Companies subject to Corporate Income Tax (CIT) on net earnings must make tax prepayment. This prepayment is in the form of a half-year report in addition to the annual tax payment. This is applicable for businesses who are not making any profits. Read through this article to know more about the Half Yearly Tax Filing […]
Tax Filing Deadlines in Thailand in May 2022
If you are doing business in Thailand, paying taxes on time is one of the most important statutory requirements. According to the Thai Laws, governed by the Department of Business Development and Revenue Department, all types of taxes in Thailand need to be filed in a pre-declared frequency round the year. This article intends to […]
Paying Tax in Thailand in 2022: Important Announcements
The tax season is arriving soon in Thailand! It is very natural that as seasoned businessmen or professionals, you must be aware of the protocols and the regulations governing the taxation norms. But, still, you may have missed out on a few latest announcements. This article intends to update you on these announcements so that […]
