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
The Ubon Ratchathani Industrial Estate (tentative name), where our company is an official partner, will exhibit at the Industrial Estate Authority of Thailand IEAT seminar to be held at Nagoya Marriott Associa Hotel on Tuesday, June 27, 2023. Ubon Ratchata … Read more0627We will exhibit at the Industrial Estate Authority of Thailand IEAT Seminar @ Nagoya.
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)
The Thai Board of Investment (BOI) has announced new investment incentives under its Investment Promotion Strategy for the New Economy (2023-2027), effective from 3 January 2023. List of newly promoted industries https://www.boi.go.th/upload … Read moreAnnouncement of newly promoted industries based on the BOI investment promotion strategy for a new economy (2023-2027)
Thai Industrial Park Situation “New Candidate Sites for Investment in the EEC Region & Northeastern Thailand as a New Base for the Chinese Indochina Market” The area designated as the “Eastern Economic Corridor (EEC)”, which is a major economic policy in Thailand, is an eye-opener. Concentration of investment and rapid development at the same time as remarkable development … Read More [October 21 Seminar] Thailand Industrial Park Situation "New Candidate Sites for EEC Investment & Northeastern Thailand as a New Base for the Chinese Indochina Market ”
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
Thailand entry information for Japanese business travel after October 1, 2022. The state of emergency due to the spread of the new coronavirus infection ended on September 30, 2022, and all rules, notifications and orders issued under the state of emergency have expired … Read More [New Corona Immigration Restrictions ] Cancellation] Thai entry information for Japanese business travelers (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