Thailand’s tax regime for personal income has been evolving rapidly in recent years, especially regarding income earned overseas. Tax residents now need to pay careful attention to their worldwide income and think strategically about how to avoid double taxation and offset foreign taxes when filing a Thai Personal Income Tax Return (usually via forms P.N.D.90 or P.N.D.91).
Accounting & Legal in Thailand
Value Added Tax (VAT) is an important part of Thailand’s tax system, affecting most businesses engaged in the sale of goods and services. While the standard VAT rate in Thailand is 7%, certain transactions are subject to 0% VAT, also known as zero-rated VAT. Understanding how 0% VAT works is essential for businesses, especially exporters and companies dealing with international transactions.
Thailand is a popular destination for expats, retirees, digital nomads, and long-term travelers. But once you start earning income, opening bank accounts, or staying long-term, tax-related questions often arise—especially around the Tax Identification Number (TIN).
