Online trading and the provision of services are rapidly growing in Thailand.
Selling online is easy, and accepting payments is even easier, with more payment methods appearing every year.
However, it is important not to forget the legal requirements in Thailand regarding online business activities.
Before launching your project, it is necessary to obtain a DBD license.
This applies even if your business is an online platform and you are not directly involved in selling goods.
If the website belongs to an individual, it is possible to obtain a license, but do not forget about the requirement for a work permit for foreigners.
You should also consider the taxes that must be paid on income.
It is quite possible that a private project will grow into a business, and you will need to consider registering a company.
If the website belongs to a company, all income from online trading will be included in the calculation of total turnover.
It is important not to miss the threshold of 1.8 million baht and to register for VAT within 30 days once this amount is reached.
The time required to obtain a license is up to 30 days, although in practice it usually takes up to 1 week.
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Author: Alexandra Agapitova.
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