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’s art tax incentives: Turning creativity into economic power
2 December 2025
On 19 August 2025, Thailand’s Cabinet approved in principle two landmark tax measures proposed by the Ministry of Finance to promote the visual arts and support local artists as part of the government’s soft power strategy
Thailand doubles down on STEM talent: 150% Tax deduction extended with new certification rules
2 December 2025
Since 2021, the Thai government has rolled out a series of measures to strengthen the country’s competitiveness — particularly in target industries that rely on highly skilled professionals in science, technology, engineering, and mathematics (STEM). These initiatives aim to attract, retain, and develop top-tier human capital essential for driving Thailand’s digital and innovation economy
New online platform for VAT and SBT registration
29 October 2025
To promote a taxpayer-centric approach, the Revenue Department has launched the “D-VAT & SBT” system on their website for facilitating online registration of Value Added Tax (VAT) and Specific Business Tax (SBT) anytime and anywhere from 1 September 2025 onward
Thailand cabinet approves extension of 7% VAT rate for one year
29 October 2025
On 9 September 2025, the Cabinet approved in principle a draft Royal Decree under the Revenue Code to extend the current reduced value-added tax (VAT) rate of 7% (inclusive of local tax) for another year
Thailand grants five-year personal income tax exemption on digital asset gains
29 October 2025
The Thai government has introduced Ministerial Regulation No. 399, granting a five-year personal income tax exemption on capital gains from the sale or transfer of digital assets, including cryptocurrencies and digital tokens