Thailand's value added tax (VAT) will remain at 7% until September 30, 2024

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

0627 We will exhibit at the Industrial Estate Authority of Thailand IEAT Seminar @ Nagoya.

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.

The revised Civil and Commercial Code came into force on February 7.

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.

Announcement of New Encouragement Sectors Based on BOI Investment Promotion Strategy for New Economy (2023-2027)

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)

[October 21st Seminar] Thai Industrial Park Situation "New Candidate Locations for EEC Investment & Northeastern Thailand as a New Base for the Chinese Indochina Market"

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 ”

New minimum wages by prefecture from October 1, 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

[New Corona immigration restrictions lifted] Thailand immigration information for Japanese business travelers (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)

Thai Individual Income Tax Calculator 2022 Edition

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