Category: Corporate

Thailand Income Tax

Thailand income tax system combines a progressive personal income tax (PIT), a headline corporate rate (with special SME bands and incentive regimes), an extensive withholding regime, and newer rules that affect cross-border income (notably rules on foreign-sourced income remitted to…

Foreign Business Act

The Foreign Business Act B.E. 2542 (1999) (FBA) is Thailand’s central legislation regulating the extent to which foreign nationals and foreign-owned companies may engage in business activities within the Kingdom. The Act aims to protect certain economic sectors deemed critical…

Thai Business Partnerships

Thai business partnerships offer an attractive option for foreign investors looking to tap into Thailand’s growing economy. However, understanding the structure, regulations, and potential risks is essential to ensure a successful collaboration. 1. Types of Partnerships in Thailand 2. Legal…