In Thailand, it is not mandatory to register for company as a VAT Company when your revenue is below THB1,800,000 per financial year however registering as a Value-Added Tax (VAT) company in Thailand can provide a number of benefits for businesses. Some of these benefits include: However, registration for VAT also comes with some obligations…
Businesses are ordered to close once again. Employees are left without work and pay. Business owners are suffering from loss of income while fixed expenses continue. This is our 3rd time facing this situation and probably won’t be the last. Thailand and many other countries are facing its most serious COVID-19 cases explosion and almost…
Threshold for registration VAT registration is mandatory in Thailand for any company that has had an annual turnover of more than 1.8 million THB. The registration should take place no later than 30 days after this amount was reached. Exempted Activities Companies that offer certain types of goods and services in Thailand are VAT exempt….
