Tax · Thailand
Corporate Income Tax
Thailand taxes companies on net profit. A Thai company is taxed on worldwide income; a foreign company with a permanent establishment is taxed on Thai-source profit. Small-company bands, dividend withholding and profit remittance rates are in the tables below.
| Taxable profit | |
| Thai Company | Net profit generated globally |
| Foreign Company with PE in Thailand | Net profit generated in Thailand |
| Foreign Company with no PE in Thailand | Service Fees, Dividends, Rental, Interest |
| Small company with net profit not exceeding 0.3m Baht | Exempt |
| Small company with net profit between 0.3m and 3M Baht | 15% |
| Small company with net profit more than 3M Baht | 20% |
| Foreign company not carrying on business in Thailand receiving dividends from Thailand | 10% of gross receipts |
| Foreign company not carrying on business in Thailand receiving other types of income apart from dividend from Thailand | 15% of gross receipts |
| Foreign company remitting profits out of Thailand. | 10% of the amount remitted |
| International Business Centre | 3%, 5%, 8% |
Questions on this note? Talk to the Thailand desk. Send a message · All news