26 September 2022 An expatriate, who obtains LTR Visa as a “Wealthy Global Citizen” “Wealthy Pensioner”, or “Work-From-Thailand Professional”, may be exempted from personal income tax (PIT) by virtue of Royal Decree 743 for incomes...

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26 September 2022 To promote Thailand as destination for expatriates with high eligibilities and net worth, Royal Decree (No. 743) (“Royal Decree 743”) was issued on 21 May 2022 to grant tax incentives to certain...

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20 September 2022 Ever since Thailand has set national goals towards “Thailand 4.0”, a number of tax incentives have been introduced to promote 10 targeted industries, comprising the so-called “First S-curve” industries, i.e.  next-generation automotive,...

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20 September 2022 On 3 June 2020, Thailand has become a signatory to the Multilateral Convention on mutual Administrative Assistance in Tax Matters (“MAC”), which is a treaty facilitating the exchange of information to combat...

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