There is no formal order of preference for the use of the five accepted pricing methods.

Following the recent amendments to the tax treatment of foreign-source income for Thai tax resident individuals...

In light of the Covid-19 virus crisis that is causing the current economic downturn which is affecting businesses across the kingdom, The Royal Thai Government recently approved Phase One of a...

The Royal Thai Government announced phase 2 of a number of additional financial measures focusing on individuals that are not registered with the social security system

Business languages: Thai and English, and in some circles Japanese, several Chinese dialects, Bahasa Melayu, and other languages of South Asia.

Under the Foreign Business Act ("FBA"), foreigners are legally restricted in doing certain businesses in Thailand as prescribed in the lists Annexed to the FBA.

Foreign investors looking to invest in this industry will need a strong market understanding.

The Thai Revenue Department (TRD) has issued a private tax ruling no. Gor Kor 0702/1626[1], dated March 19, 2025, addressing the tax treatment of outbound payments for software and related services.

Apart from the general tax regime (which can include income tax, value-added tax (VAT), stamp duty and import duties), an aircraft or engine sales agreement is not subject to a specific tax or stamp duty.

During the 3rd and 4th quarter of this year, the Board of Investment of Thailand committee approved several investment promotion packages and amended some of the existing conditions to encourage investment in various sectors ...

Thailand is a popular destination for expats and retirees from around the globe. If you're a foreigner living in Thailand, or with properties or ties in the country, it is important to know what type of income is subject to taxes under Thai laws.

In Part I, we introduced the basic regulatory gates that shape market entry into Thailand — in particular...

Thailand is in competition with its neighboring countries regarding politically welcome investments from the private sector of the industrial countries. Thai policy makers are in a constant effort to balance...

The litigation of tax disputes in Thailand is regulated by the Act for the Establishment of and Procedure for the Tax Court B.E. 2528 (1985) and the Regulation on Tax Cases B.E. 2568 (2025).

The litigation of tax disputes in Thailand is regulated by the Act for the Establishment of and Procedure for the Tax Court B.E. 2528 (1985) and the Regulation...

Latest Tax Issues And Practical Aspects For Successful Investment

In our previous article, we informed that the Director-General of the Revenue Department had issued Revenue Department Order No. Por. 161/2566 dated 15 September 2023.

Foreign nationals are generally permitted to start businesses in Thailand, subject to the applicable laws. This chapter discusses some key legal requirements...