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How to Terminate an Employee in Thailand: What Employers Need to Know

Let’s address one of the most sensitive topics — employee termination. Most conflicts between employers and employees arise at this stage. To avoid disputes, it is important to:– clearly define rights and obligations in internal policies in advance– comply with labor law requirements Important: Internal documents cannot limit employee rights established by law. In case …

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Tax ID in Thailand: Who Needs It and When to Obtain It

Obtaining a Tax Identification Number (Tax ID) is a mandatory requirement for paying taxes in Thailand. Depending on your income category and tax status, a Tax ID may be assigned automatically or require самостоятельного оформления. Who receives a Tax ID automatically Foreigners with a Work PermitIf you have a Work Permit in Thailand, a Tax …

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Buying Property Through a Foreign Company: Features, Risks, and Advantages

A foreign company — for the purpose of acquiring property in Thailand — is treated as a foreign entity. Nevertheless, registering property under a legal entity may provide certain advantages, especially when it comes to future disposal of the asset. What rights can a foreign company obtain? A foreign company can act as a party …

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Plans to Attract Investors: 99-Year Lease and 75% Foreign Quota

Investors in Thailand are not only constrained by legal restrictions — they are also being actively encouraged. Even if through relatively straightforward measures. What changes are being proposed? At this stage, these are announced intentions, and the regulatory framework is still under development. However, if these changes come into force, several logical questions arise. What …

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Can a Foreigner Work Outside the Company Office in Thailand?

Since 2018, employment regulations for foreigners in Thailand have become more flexible. Previously, a foreign employee could work strictly at the address of the employer’s main office as stated in the Work Permit. Today, these restrictions are less rigid — but there are still important nuances. Working in another province If a foreign employee works …

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Forms of business organization in Thailand: for local and foreign investors

Thailand offers various forms of doing business suitable for both local entrepreneurs and foreign investors. Below is an overview of the key legal structures, including both local companies and forms for foreign presence. 1. Thai legal entities 1.1 Private Limited Company The most common form of business in Thailand. This is the structure most commonly …

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Withholding tax

What is withholding tax?Withholding tax is a tax collected at the source of income. The tax agent responsible for paying the tax is the person who pays for services and certain other payments to individuals or legal entities. The payer must deduct the tax amount from the payment due to the recipient and remit it …

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Personal Income Tax

Personal Income Tax For tax purposes, a resident is any individual who resides in Thailand for 180 days or more within a calendar year. A Thai resident is required to pay personal income tax on: A non-resident is taxed only on income earned in Thailand. Tax Identification Number (Tax ID) Thai residents who earn income …

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