Value Added Tax (VAT)
“VAT” is a tax on sales of goods or services. Current rates are 7% and 0% (for export businesses etc) in case of tax exemption only applicable to certain types of businesses..

This tax applies to companies with an annual income of 1.8 million baht or companies that employ foreign workers. regardless of such income

which does not submit VAT to the Revenue Department subject to maximum penalties

Learn more
Tel: 081 985 8993

VAT exemption list

  • Juristic person with annual income below 1.8 million baht
  • Product sales and import of specific products such as books, magazines, official goods
  • Agriculture that has not undergone any processing, etc.
  • Professional services such as medical, auditing and legal services
  • Professional services such as medical, auditing and legal services
  • Services provided by Thai government agencies
  • land transportation
  • Education services provided by accredited schools
  • Arts and culture such as museums
  • Lease of real estate
  • Providing services for religious or charitable benefits

List of VAT 0%

  • Export of non-export goods that are exempt from VAT
  • Service made in Thailand. But the service is available in foreign countries.
  • International shipping by air and sea

Monthly VAT submission

VAT returns must filed in the month following the payment and the issuance of a tax invoice as per below deadlines:

07

P.P 36 for VAT for imported services: by the 7th of the month

11

P.P 30 for VAT for goods & services: by the 15th of the month

Companies registered with the Revenue Department e-filing are granted an additional 8 days to file their VAT returns i.e by the 15th & 23rd of the month for the P.P36 & P.P 30 respectively.

Late submission

The Revenue Department imposes fines for the late submission of VAT returns (300 THB within the first 7 days and 500 THB after), penalties of up to 200% of due taxes, as well as surcharge accruing at the monthly rate of 1.5% of due taxes.