Tax Section - Doing Business
You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.
Thailand maintains 7% VAT rate for another year
24 September 2026
On 20 August 2026, Royal Decree No. 807 was published in the Royal Gazette, extending Thailand’s reduced VAT rate of 7% for another year, from 1 October 2026 to 30 September 2027.
Thai cabinet approves enhanced tax incentives for social enterprises
24 September 2026
On 21 July 2026, the Thai Cabinet approved in principle a draft Royal Decree to enhance the tax incentives available for supporting social enterprises (“SEs”) and the Social Enterprise Promotion Fund (“SEPF”).
Thailand updates tax penalty and surcharge relief framework
27 August 2026
On 2 July 2026, the Thai Revenue Department (TRD) issued Departmental Orders No. Tor.Por. 369/2569 and No. Tor.Por. 370/2569, which together update the framework for waiving, reducing and refunding tax penalties and surcharges. Tor.Por. 369/2569 sets out the relief available to taxpayers and the claim procedures, while Tor.Por. 370/2569 expands the authority of TRD officials to approve it.
Thailand extends electronic tax systems and e-Donation incentives through 2027
23 July 2026
On 16 June 2026, the Thai Cabinet approved the extension of several tax incentives including double tax deductions for expenditures relating to the e-Tax Invoice & e-Receipt system and the e-Withholding Tax system, reduced withholding tax (“WHT”) rates through the e-Withholding Tax system, and double tax deductions for donations made through the e-Donation system, all extended through 31 December 2027. These extensions are currently pending enactment into law by Royal Decrees.
Thailand approves participation in the GloBE Information Return MCAA
23 July 2026
On 16 June 2026, the Thai Cabinet approved Thailand’s intention to participate in the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GloBE MCAA).