The withholding tax (“WHT”) is a tax deducted at source from the payment of a service invoice. WHT rates depend on the nature of provided services. Upon payment of a service invoice, the payer must provide a withholding tax certificate to the vendor to justify the WHT deduction, The purpose of this is that the…
As a registered business in Thailand, it is important to be aware that whenever you purchase a services from a overseas service provider, you SHOULD consider 2 additional cost to your purchases. VAT- PP36 According to the law, you should 7% VAT on their behalf by the 7th of the following month using VAT return…
All tax residents in Thailand must file for a Personal Income Tax Return (PND 90 or 91) every year. The deadline to file and pay for Personal Income Tax is on 31 March of the following year. If you’re a foreigner, you must obtain a Tax Clearance Certificate before leaving Thailand and you are required…
When company export certain goods, companies may claim a VAT Refund for certain purchases of the raw material used in the exported product however unless the amount of VAT Refund is significant and that your company has proper record keeping, we advise you to think twice before requesting for a VAT Refund. Request for VAT…
