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Doing Business in Thailand

11. Chapter 11 - Taxation

Authors, etc.
Language
English
Date of Publication
September 15, 2021

Managing how to finance a company is one vital factor for achieving a business’s potential. How to manage the cost of a business requires commercial comprehension in not only capital investments and expenses for administration, production, sale, marketing, IT and so forth, but also the extrinsic determinants of “taxes and duties”. Doing business in Thailand requires substantive comprehension of various types of taxes and duties, e.g., income tax, value added tax, specific business tax, stamp duty, customs duty, excise tax, property tax, etc. This chapter discusses considerations in regard to Thai taxes when doing business in Thailand.