Taxation in Thailand

Thailand is not a tax haven and there are two main types of taxpayers: residents and non-residents.
What will your tax status be during your expatriation in the Kingdom? Here is all you need to know about the different types of taxes in Thailand and the conditions to respect.

2️⃣ types of taxpayers in Thailand :

The resident lives in Thailand for more than 180 days during the calendar year. He is subject to tax on any income earned in Thailand, as well as on a part of any income imported abroad in Thailand.

The non-resident is subject to tax only on income earned in Thailand.

The Kingdom has signed double taxation treaties with many countries. Thus, even if you are a digital nomad working remotely from Thailand, you will be taxable, even if you are not taxable in your home country.

In Thailand, income tax is calculated on salary, professional fees, interest, dividends and capital gains on securities, royalties if any, rental of property and income from consulting or subcontracting. More clearly, most annual income above THB 150,000 is taxable in Thailand.

Tax exemptions and tax rates in 🇹🇭 Thailand 🇹🇭

✅ Income of less than 150,000 Bahts: 0% income tax,
✅ Between 150,001 and 500,000: 10%,
✅ Between 500,001 and 1,000,000: 20%.
✅ Between 1,000,001 and 4,000,000: 30
✅ From 4,000,001: 37%.

You are allowed to include tax deductions and exemptions when calculating your taxable income. It is therefore advisable to seek the help of an accountant if you are not paid by a company and are required to file your own returns.

Tax returns must also be filed in Thai.