10 years old, counting from the manufacturing year to the importing year, only press machines shall be allowed to be used in the project and counted as investment capital for the calculation of the cap on corporate income tax exemptions; however, they shall not be granted import duty exemption...
Depending on the amount of your tax refund, you can choose your preferred method to receive your money back. If your requested tax refund does not exceed 30,000 TBH, you can receive it incash(THB), digital wallet, or through your credit card. When your VAT refund in Thailand is more t...
75.2% of products' tarriff are bound, which means the tariff rate for these products will not exceed the rate agreed. The average bound tariff rate in the WTO is 28%. Value Added Tax (VAT) Thailand imposes a 7% VAT on all imported goods, including those valued at THB 1,500 or less...
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Value-Added Tax (VAT): Most goods and services are subject to value-added tax. The standard VAT rate is 10%, but some items may be exempted or subject to reduced rates under current regulations. Excise Tax: Certain specific products are subject to excise tax. Alcoholic beverages, tobacco, ...
However, the amount of tax credit allowed shall not exceed the Thai income tax imposed on the same income. f. Export made by any juristic corporation to its head office, branch, affiliated company, principal, agent, employer, or employee are treated as sales made in Thailand. The profits ...
you must have 6 Thai partners. The Thai partners will own 51% of the company and you will own the remaining 49%. But there is only one director (You) who has sole signing rights for the company. A small tax must be paid each year. This probably the most popular way to own property...
Thailand’s government has announced that it will be cutting the tax rates on its Land and Building tax, as well as on its Corporate Income Tax rates for small and medium-sized enterprises. Land and Buildings Tax Thailand’s Finance Ministry is planning to cut the maximum rates of the Land...
Similarly to the Italian hotspot ofVenice, which will begin taxing visitors from summer 2022, Thai authorities proposed their own ‘tourist tax'back in January, in hopes the system would have come into force by April. Due to delays, this never materialized, though it is now likelythe fee wil...
The 10-years visa is divided into two 5-years terms. Applicants will be granted the initial permission to stay in the country for 5 years which can be extended for 5 more years. The total length of stay shall not exceed 10 years.