Operations in Thailand — VAT 7 %, Withholding Tax, Social Security
Most tax work in Thailand runs on a monthly cycle. Sales documents, supplier payments and payroll all feed the returns that must be filed. These four topics show how to keep the numbers consistent.
Tax Invoices and e-Tax Invoice in Thailand
What a full tax invoice must contain under the Thai Revenue Code, when an abbreviated one is enough, credit notes and the e-Tax Invoice context.
Withholding Tax and 50 Tawi Certificates
How withholding tax works in Thailand: which payments are subject to it, PND.3 and PND.53 filing, 50 Tawi certificates and the cost of withholding errors.
Payroll and Social Security in Thailand
Running payroll in Thailand: the 5 % employer and employee Social Security contributions, PND.1 withholding, reporting new hires and year-end certificates.
Corporate Income Tax and SME Rates
Thai corporate income tax at 20 % and the stepped SME rates for paid-up capital up to THB 5 million, plus PND.51 and PND.50 deadlines and common adjustments.
Input VAT and Purchase Documents
How to claim input VAT in Thailand: which purchase documents qualify, prohibited input tax, the six-month claim window and how to reconcile PP.30.
Record Keeping and Revenue Department Audits
How long Thai companies must keep accounting records, what the Revenue Department can request in an audit, and how to prepare an orderly document file.
