Taxation in Thailand is quite different from Western type, and concept of “company costs” is interpreted broadly. Normally tax reporting is prepared with legal services firm. Tax scales is as follows:
Net profit not more then |
Tax rate |
0 – 150,000 baht |
0% |
150,000 – 1 million baht |
15% |
1 million – 3 million baht |
25% |
More then 3 million baht |
30% |