It is good to note that a corporate entity that has tax losses is also entitled to apply for the tax incentive under the Royal Decree No. 710.

A newly enacted law, The Act for Exemption on Penalties, Surcharges, and Criminal Offenses and Support of Operations Under the Revenue Code BE 2562

On 15 September 2023, the Director General of the Revenue Department issued the Revenue Departmental Order No. Por. 161/2566 ("Order") under Section 41, paragraph 2 of the Revenue Code.1...

Thailand has announced tax exemptions for issuers and holders of depositary receipts (DRs) of listed foreign securities to encourage DR transactions, create more investment products in the Thai capital...

Thailand has adopted the OECD's global minimum tax framework through the Emergency Decree on Top-Up Tax B.E. 2567 (2024). Published in the Government Gazette on December 26, 2024...

In late December 2019, Thailand's Board of Investment (BOI), the government agency responsible for foreign investment promotion, issued new incentives to attract investments in the country's Eastern Economic Corridor.

The house owners' purpose for operating a homestay should be to gain additional income and not be their primary income source.

The Royal Decree issued under the Revenue Code B.E. 2481 (1938) on the Exemption from Taxes (No. 779) B.E. 2566 (Royal Decree No. 779), which came into force on August 16, 2023...

In a significant move towards enhancing the domestic tourism sector, the Cabinet has endorsed a series of tax measures tailored to ignite domestic tourism on June 4, 2024.

The digital investment token is a fund-raising mechanism comparable to securities governed under regulatory framework of similar nature.

The ASEAN is a fast-growing region.

Thailand's Board of Investment (BOI) now requires data center projects to demonstrate measurable benefits for local workforce development, R&D, SME capability, and domestic supply chains to qualify for corporate income tax...

On September 30, 2021, Thailand's Revenue Department released a notification prescribing country-by-country transfer pricing reporting requirements for multinational enterprise groups that do business in Thailand.

Many foreigners aspire the purchase of a condominium unit in Thailand, for either residential or investment purposes.

The Revenue Department has recently announced changes to the taxation of foreign-sourced income brought into Thailand by Thai tax residents.

The BOI was established as a government agency under the office of the Prime Minister carrying out the Investment Promotion Act (B.E. 2520; 1977, as amended) to promote certain types of highly sought-after foreign and...

Immigration authorities at both the One Stop Service Center and the Immigration Bureau in Chaengwattana are requesting additional documentation to support long-term visa extensions and renewals.

The new tax treatment will be applicable to foreign-source income remitted to Thailand from January 1, 2024, onwards.

This article highlights foreign direct investment (FDI) in Thailand in 2025, the government's transformative "Quick Big Win" initiative and recent updates to data center project requirements.

Thai law provides a means of real security and an alternative to the mortgage, the so-called Sale with Right of Redemption (Thai: "Khai Fah").