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  • Article

    Thai Revenue Department Issues Additional Guidance On Foreign Sourced Income Rules

    The Revenue Department recently issued Departmental Instruction no. Paw 162/2566 on 20 Nov 2023 to guide the interpretation of the Departmental Instruction no. Paw 161/2566 published earlier regarding the personal income tax ...
    ThailandTax
    DFDL
    DFDL
  • Article

    Thailand Adjusts Income Tax Exemption For Severance Pay

    On July 17, 2024, Thailand issued the Ministerial Regulation under the Revenue Code regarding Revenue Tax No. 394 (B.E. 2567) to increase the personal income tax exemption amount on severance pay for terminated employees.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Seeks Comments On Registration Of Limited Companies With Foreign Shareholders Or Directors

    On June 1, 2025, Thailand's Office of Central Company and Partnership Registration of the Department of Business Development opened a public hearing period...
    ThailandCorporate/Commercial Law
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Foreign Actors To Be Exempt From Paying Personal Income Tax In Thailand

    On June 21, 2022, the Cabinet of the Royal Thai Government decided to exempt the Personal Income Tax (PIT) collection from foreign actors when working on films shot in Thailand...
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Prior Income Exempt From New Rule On Offshore-Sourced Income

    Thailand's Revenue Department has issued an order clarifying its recent order imposing personal income tax (PIT) on the offshore-sourced income of Thailand tax residents...
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Clarifies Rules On Digital Platform Investment Promotion

    On October 3, 2023, Thailand's Board of Investment (BOI) issued a new regulation clarifying the eligibility criteria for investment promotion under the BOI category "5.10 Development of software...
    ThailandTechnology
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thai Revenue Department Issues Game Changing Personal Income Tax Instruction

    On September 15, 2023, the Thai Revenue Department issued a bomb-shell Departmental Instruction that fundamentally changes a long-standing and well recognized rule of personal income tax ...
    ThailandTax
    DFDL
    DFDL
  • Article

    Thailand's BOI Revamps Promoted Digital Activities

    On September 16, 2021, Thailand's Board of Investment (BOI) announced the consolidation of its list of promoted digital activities into a single new category for development of software
    ThailandMedia, Telecoms, IT, Entertainment
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    New Investment Incentives For Thai-Foreign Auto Parts Joint Ventures

    Thailand’s Board of Investment (BOI) has introduced a new investment promotion measure to encourage partnerships between Thai and foreign automotive parts manufacturers.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Requires Electronic Platforms To Report Income From Business Operators

    Thailand's Revenue Department (RD) has issued a notification requiring electronic platforms to report their revenue from business operators on their platform.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand To Offer Tax Exemption To Foreign Filmmaking Companies And Actors

    On June 21, 2022, Thailand's cabinet updated and approved in principle a five-year personal income tax exemption for foreign filmmaking companies and actors working on motion pictures in Thailand.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Cabinet-Approved Personal Income Tax Measures For Investment Tokens

    On March 12, 2024, the Cabinet made significant strides in fiscal policy by endorsing tax measures designed to stimulate fundraising activities utilizing digital tokens...
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Beginning In 2024, Foreign Income Earned The Year Before And Imported Into Thailand The Following Year Will No Longer Be Exempt From Thai Personal Income Tax

    Beginning in 2024, foreign income earned the year before and imported into Thailand the following year will no longer be exempt from Thai personal income tax.
    ThailandTax
    JTJB International Lawyers
    JTJB International Lawyers
  • Article

    Further Extension For E-Tax Filing And Payment In Thailand

    On December 15, 2020, Thailand's Revenue Department (RD) announced a further extension for e-tax filing and payment until January 31, 2024.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand's BOI Introduces New COVID-19 Economic Stimulus Measures

    At a meeting on December 21, 2020, the BOI approved a series of stimulus packages aimed at encouraging local and foreign investment, as the government seeks to boost Thailand's economic recovery from the COVID-19 pandemic.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Chambers Aviation Finance & Leasing 2025 – Thailand

    Tilleke & Gibbins' Bangkok-based aviation specialists have authored the Thailand chapter of Aviation Finance & Leasing 2025 from Chambers and Partners. This annual guide examines the key legal issues impacting aircraft lessors, lessees, and financiers in 37 jurisdictions worldwide
    ThailandTransport
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand To Bring Foreign-source Income Within Scope Of Personal Income Tax

    Thailand's Revenue Department issued Order No. Por.161/2023 on 15 September 2023, which introduced important amendments to the taxation of foreign...
    ThailandTax
    The Sovereign Group
    The Sovereign Group
  • Article

    New Order Closes Tax Loophole For Offshore-Sourced Income

    On September 15, Revenue Departmental Order No. Por. 161/2566 was published, fundamentally changing how Thailand tax residents' offshore-sourced income will be taxed.
    ThailandTax
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Representative Office – Thailand 4.0

    The Representative Office is one type of the legal vehicles available for a foreign entity to expand its existence in Thailand.
    ThailandTax
    JTJB International Lawyers
    JTJB International Lawyers
  • Article

    Tax Measures To Support The Relocation Of Foreign Investors' Production Bases

    The Thai government recognises the importance of strengthening the supply chain in order to improve production efficiency through automation, and has thus launched policies aimed at developing human...
    ThailandTax
    Nishimura & Asahi
    Nishimura & Asahi

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