TAX RATES

CORPORATE TAX

A Thai Company generally pays tax at 30% of Net profit. However, some types of company are entitled to a rate reduction.

•  Small business with paid up capital less than 5 million baht

20% of Net profit < 1 million baht

25% of Net profit 1-3 million baht

•  Company registered in the Stock Exchange of Thailand (SET)

25% of Net profit < 300 million baht

•  Newly registered company in the stock exchange of Thailand (SET) and Market for alternative Investment (MAI)

25%of Net profit for newly registered company in SET

20% of Net profit for newly registered company in MAI

•  Bangkok International Banking Facility and Regional Operating Headquarters

10% of Net profit from qualified income

•  Association and foundation

2% or 10% on gross receipts

WITHOLDING TAX