35%
Max Personal Tax Rate
35%
Max Personal Tax Rate
35%
Max Personal Tax Rate
20 %
Max Personal Tax Rate
7%
Max Personal Tax Rate
15%
Max Personal Tax Rate
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Personal Income Tax
Progressive tax rites for residents and non- residents
Tax Rates 2024-2025
-
0-150,000 THB
-
150,001-300,000 THB
-
300,001 - 500,000 THB
-
500,001 - 750,000 THB
-
750,001 - 1,000,000 THB
-
1,000,001 - 2,000,000 THB
-
2,000,001 - 5,000,000 THB
-
Over 5,000,000 THB
Exempt
5%
10%
15%
20%
25%
30%
35%
Key Information
Residency Status
Residents (180+ days in Thailand) are taxed on worldwide income if remitted to Thailand from Jan 1, 2024 onwards.
Filing Deadline
Annual return (P.N.D. 90/91) due by March 31. E-filing deadline: April 8.
Foreign Income
New rule: Foreign-sourced income remitted to Thailand is taxable from 2024 onwards.
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Corporate Income Tax
Tax obligations for business and enterprises
Standard CIT Rates
General Companies
20%
SME Rates (Capital ≤ 5M THB, Revenue ≤ 30M THB)
-
0-150,000 THB
-
150,001-300,000 THB
-
300,001 - 500,000 THB
Applied to net profits of companies with paid-in capital exceeding 5M THB.
Exempt
15%
20%
Pillar Two & Compliance
Global Minimum Tax (Pillar Two)
Effective January 1, 2025, applies to MNE groups with consolidated revenue exceeding EUR 750 million.
Minimum Rate: 15%
Filing Requirements
-
Half-year return (P.N.D. 51) within 2 months
-
Annual return (P.N.D. 50) within 150 days
-
Pillar Two notification within 15 months
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Value Added Tax Vat
Tax on goods services
Vat Rate & Scope
Current Rates
Reduced Rate
7%
Until September 30, 2025
Standard Rate
10%
Normally Applied
VAT Registration & Filing
Registration Threshold
Annual revenue exceeding 1.8M THB requires VAT registration.
Filing Schedule
-
Monthly filing deadline: 15th of following month
-
E-filing deadline: 23rd of following month
-
Input tax deduction available
E-Services
Non-resident digital service providers must register if income exceeds 1.8M THB.
Other Important Taxes
?
Frequently Asked Questions
Residency is determined by staying in Thailand for 180 days or more in a calendar year. Residents are taxed on worldwide income if remitted to Thailand.
Yes, reasonable home office expenses can be deducted if you work from home. Documentation and proof of business use are required.
Effective January 1, 2024, foreign-sourced income earned by tax residents is taxable only if remitted to Thailand in the same or later tax year.
Late filing incurs penalties ranging from 5% to 100% of unpaid tax, plus interest. E-filing extensions may be available in certain circumstances.
F.A.Q
Thailand Tax
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