BUSINESS & INVESTOR

Useful Information

How to Register for Value-Added Tax
The Value-Added Tax (VAT) is collected from the sale of goods or services, whether produced domestically or imported. Business operators with a duty to register for VAT can do so via two methods
Types of tax invoices and the issuance of paper tax invoices
Many may wonder what types of tax invoices exist and how they differ from each other. The Revenue Department provides information and details on the types of tax invoices
Legal entities subject to income tax
Many perceive tax matters as complex, complicated, and difficult to understand. However, paying taxes is a significant responsibility, a testament to being a good citizen of a country.
Tax-exempt Specific Business Operations
The Specific Business Tax (SBT) is a type of tax under Thai law, collected from certain types of businesses specifically defined by law. It replaces the abolished trade tax and is collected separately from the Value Added Tax (VAT).

Registration and Licensing

Did you know that applying for an online business registration will get you a 50% fee reduction?
Nowadays, applying for a partnership or limited company registration online through the electronic registration system (e-Registration) is more convenient and faster
Applying for an online juristic person registration (e-Registration) yourself
At present, the service of applying for the establishment of a partnership or company through the electronic juristic person registration system (e-Registration)
Applying for online registration as a juristic person (e-Registration) through an agent
Currently, the registration service for a partnership or a company through the electronic juristic person registration system (e-Registration) helps streamline the work of the business sector.
e-Commerce Registration Process
Today, trading products or services through online channels, known as e-commerce, creates much economic value, and the trend is growing continually.

How to do business in / with Thailand

Businesses Required to Pay Specific Business Tax
Specific Business Tax is one type of tax according to the Revenue Code, collected from specific types of businesses, replacing the abolished Commercial Tax.
Timeline for Submission of Specific Business Tax Returns
For businesses subject to specific business tax, the tax return should be submitted within the period specified by the Revenue Department.
Workforce Development Program under the Ministry of Higher Education, Science, Research, and Innovation
The Workforce Development Project under the Ministry of Higher Education, Science, Research, and Innovation is a collaboration between higher education institutions, manufacturing departments, and graduate user establishments.
BOI Accelerates Investment Promotion, Driving the “Northern Economic Corridor (NEC)” Policy
The government places importance on regional development, both in terms of sectors and provincial clusters, including the development of special economic zones to distribute prosperity to the regions, elevate income, and improve

Tax

How to Register for Value-Added Tax
The Value-Added Tax (VAT) is collected from the sale of goods or services, whether produced domestically or imported. Business operators with a duty to register for VAT can do so via two methods
Types of tax invoices and the issuance of paper tax invoices
Many may wonder what types of tax invoices exist and how they differ from each other. The Revenue Department provides information and details on the types of tax invoices
Legal entities subject to income tax
Many perceive tax matters as complex, complicated, and difficult to understand. However, paying taxes is a significant responsibility, a testament to being a good citizen of a country.
Tax-exempt Specific Business Operations
The Specific Business Tax (SBT) is a type of tax under Thai law, collected from certain types of businesses specifically defined by law. It replaces the abolished trade tax and is collected separately from the Value Added Tax (VAT).

International Trade

Did you know that applying for an online business registration will get you a 50% fee reduction?
Nowadays, applying for a partnership or limited company registration online through the electronic registration system (e-Registration) is more convenient and faster
DBD Issuance Process of “Verified” Trust Mark in Electronic Commerce Assembly
“DBD Verified” is a mark to certify the reliability of electronic commerce and ensures that the website meets the quality assessment criteria, according to the e-commerce business quality standards.
“DBD Verified” Trust Mark in Electronic Commerce Assembly
There are many questions about “DBD Verified,” so the Department of Business Development has provided a summary of the main points.
e-Commerce Registration Process
Today, trading products or services through online channels, known as e-commerce, creates much economic value, and the trend is growing continually.

Foreign Business Support

Government implements measures to promote the investment of electric vehicle batteries and support Thailand as a manufacturing hub
The government has a policy to promote the use of electric vehicles (EVs) and promote the production of fully integrated electric vehicles in Thailand, so it has issued measures to promote investment in the production of electric vehicle batteries.
Guide for foreign investors wanting to obtain BOI promotion in Thailand
In the first three quarters of 2022 (January-September), the Board of Investment (BOI) granted investment promotion to 1,247 projects, for a total of 439,090 million baht.

Laws

How to Register for Value-Added Tax
The Value-Added Tax (VAT) is collected from the sale of goods or services, whether produced domestically or imported. Business operators with a duty to register for VAT can do so via two methods
Tax-exempt Specific Business Operations
The Specific Business Tax (SBT) is a type of tax under Thai law, collected from certain types of businesses specifically defined by law. It replaces the abolished trade tax and is collected separately from the Value Added Tax (VAT).
Withholding Income Tax
"Withholding income tax" refers to a method of prepaid tax collection. The law mandates that the payor must deduct taxes from the income paid to the recipient each time such income is disbursed.
Penalties regarding violation of Value Added Tax regulations
The Value Added Tax (VAT) is a type of tax collected by the government from consumers who purchase goods or services. This indirect tax is typically collected by business operators from consumers at a current rate of 7%.
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