Common Tax Code / Forms for businesses in Thailand
Posted On August 15, 2021
This is a complete list of the important tax submission forms in Thailand.
The taxes in Thailand that are required to be filed and submitted include:
Corporate income tax
Personal income tax
Value-added tax (VAT)
Specific business tax
Tax forms for withholding tax include:
Used when the company has withheld tax from the salary of the staff
PND 1 Kor
Summary of all personal withholding tax filed with the government, including the director’s, employees’ salary details and taxes paid throughout the year
Tax form used for the withholding of tax paid on dividends
PND 3 & PND 53
Tax form used when the company has withheld tax for services, rental, hiring freelancers, transportation, insurance, management fee and consulting
Used for a company that has withheld tax from a company or juristic partnership incorporated under foreign laws and not carrying on business in Thailand, but receiving assessable income from commission, fee of goodwill, dividends, share of profits or any other gain derived which is paid from or in Thailand.
Tax return for VAT registrants who are subject to calculate tax by offsetting output tax by input tax. In the case that there is no VAT incurred for the month, the company must still submit a blank VAT form with zero tax to comply with the Thai taxation law. It must be submitted within 15 days of the following month.
VAT form for services used in Thailand supplied by foreign service providers. It must be submitted within seven days of the following month.
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