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.
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 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.
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 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).
Investment in SEZs at Thailand’s borders: Opportunities for business expansion with a 10% CIT reduction
23 July 2026
On 19 March 2026, the Director-General of the Thai Revenue Department (“TRD”) issued Notification No. 468, setting out further details on a reduced corporate income tax (“CIT”) rate of 10% for companies or juristic partnerships operating in targeted industries designated by the Board of Investment Promotion within Special Economic Zones (“SEZs”) in line with Royal Decree No. 797.