Asia-Pacific
Currency
THB
Corporate Tax
20%
Personal Income Tax
35%
VAT / GST
7%
Standard 20%; SME progressive 0-15%; 8% for SME on first THB 300k.
Top rate 35% above THB 4,000,001/year; 5-35% scale.
VAT 7% (standard 10% reduced to 7% long-term); 0% exports.
Dividends
10%
Interest
15%
Royalties
15%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
SSO 5% (employer 5% + employee 5%, capped at THB 750 each); Workmen's Comp 0.2-1% employer.
Capital Gains Tax
0% on SET shares; 15–35% on real estate
Inheritance / Estate Tax
Progressive 5–55% (exempt direct line)
Capital (Net Worth) Tax
0%
Property Tax
House & land tax ~12.5% of rent
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~60
Key partners: Japan, China, Singapore, UK, USA, Malaysia
Withholding typically 5%–15% under treaties.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Calendar year
Notes
BOI incentives: CIT exemption 3-13 years. Long-Term Resident (LTR) visa 17% flat for high-income. EEZ special.
More in Asia-Pacific