Value Added Tax (VAT) is an indirect tax applied worldwide at every stage of production and distribution—paid by manufacturers, service providers, and intermediaries. Thailand is no exception: it has VAT payers and non-payers, tax liabilities and tax credits, a standard rate, and specific exemptions. General Information Tax Rate The VAT rate set by Thai law …
An industrial park is a specially designated area for manufacturing, managed by a single operator and equipped with production facilities and the necessary infrastructure. Within an industrial park, there are typically two types of operational zones: Strategic Location Industrial parks are usually located in areas with well-developed transport infrastructure, ensuring efficient movement of equipment, raw …
Location: Chonburi Province (BOI Zone 2), Thailand Total Area: 3,020 hectares (18,873 rai) Distances Main Industries Incentives from the Thailand Board of Investment Incentives from the Industrial Estate Authority of Thailand Amata Nakorn is one of the largest and most established industrial estates in Thailand, offering strong connectivity to key infrastructure and a diversified industrial …
Location: Rayong Province (BOI Zone 3), Thailand Total Area: 1,603 hectares (10,018 rai) Distances Main Industries Incentives from the Thailand Board of Investment Incentives from the Industrial Estate Authority of Thailand Amata City Industrial Estate is one of the key industrial hubs in eastern Thailand, offering strong logistics access and extensive incentives, particularly attractive for …
Location: Chonburi Province (BOI Zone 2), Thailand Total Area: 716 hectares (4,477 rai) Distances Main Industry Electronics manufacturing Incentives from the Thailand Board of Investment Incentives from the Industrial Estate Authority of Thailand This industrial estate is strategically positioned near key logistics hubs, making it particularly attractive for electronics manufacturers seeking efficient export and supply …
Let’s think bigger. Thailand is not just Pattaya, business is not only tourism, investments are not limited to buying apartments, and trade is not just about souvenirs. Looking a bit deeper reveals many new and interesting opportunities. The concept of industrial parks is not new. The law governing their operation under the Industrial Estate Authority …
The number of companies with foreign participation in Thailand is growing every year, and entrepreneurs are becoming increasingly inventive. While many business niches may seem saturated, new entertainment concepts, туристические программы, and innovative retail formats continue to emerge. However, most foreign entrepreneurs still focus on services and tourism-oriented businesses. At the same time, Thailand’s favorable …
Protection of intellectual property is a relevant issue in any country—of course, for those who actually have something to protect. In general, Thailand follows international practices in this area, but with certain specific features. What is a Trademark? A trademark (hereinafter referred to as “TM”) may be a brand, name, word, letter, photograph, drawing, signature, …
What should taxpayers expect in 2014 when paying taxes for the previous year? The government continues to introduce changes aimed at simplifying life for entrepreneurs. In this article, we will not cover VAT, as the reduced rate of 7% (compared to the statutory 10%) remains unchanged. However, corporate income tax and personal income tax deserve …
Tourism, service industries, manufacturing, construction—these very different areas of business activity share something in common: every company pays for office or production space, utilities, employee salaries, and taxes. For an experienced entrepreneur, these and other factors discussed below are key criteria when choosing a location for a business. There are many opinions suggesting that Thailand …
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