Thailand's value added tax (VAT) is set at 10% in the National Tax Code, but it has been lowered provisionally in response to the economic downturn caused by the Asian currency crisis in 1997, and has since been revised by Royal Decree. At the cabinet meeting on September 13, 2023, 1… Continue readingThailand 's value added tax (VAT) will remain at 7% until September 30, 2024→
On this page, you can calculate your annual Individual income tax on your taxable income for the fiscal year 2023 (January 1, 2023 to December 31, 2023). Please use it. The final tax return deadline is March 31, 2024. Individual expatriates in Thailand … Continue reading Thai Individual Income Tax Calculator 2023 Edition→
There are four types of companies in Thailand: Ordinary partnership Limited partnership Private joint stock company Public joint stock company Most Japanese companies in Thailand that do not offer their shares to the public are classified as “private joint stock company”, and the Civil and Commercial Code (Article 22) … Read More The Commercial Code came into force on February 7.→
Population data by prefecture as of December 31, 2022, announced by the Thai Ministry of Home Affairs on January 23, 2023. Besides Bangkok, Nakhon Ratchasima Province (commonly known as Korat) stands out. Currently, it is the gateway to Laos and Vietnam … Continue reading Population by prefecture in Thailand (2022)→
Based on the cabinet decision on September 13, 2022, new minimum wages by prefecture will be applied from October 1, 2022. In the case of monthly salaried employees, the minimum monthly wage is the minimum daily wage x 30 days. Minimum daily wage Number of target prefectures Target prefecture name 1 354 baht 3 prefectures … Read moreNew minimum wages by prefecture from October 1, 2022→
The social insurance premium rate for salary income in 2022 has been reduced due to measures against the new coronavirus infection. Regular: 5% for the company, 5% for the individual (maximum 750 baht) October to December 2022 Special: 3% for the company, 3% for the individual (maximum 450 baht) … Continue reading Thai Individual Income Tax Calculator 2022→