This chapter examines Thailand’s tax laws relevant to businesses. It explains key corporate tax rates and regulations, tax holidays and incentives, and other important areas.
It also contains a viewpoint from Andrew Jackomos and Paul Ashburn, Co-Managing Partners, BDO.
Selected headline numbers generated by the Thai education sector have been encouraging. The country has a high rate of literacy, an increasing number of top-rated universities, long school-life expectancy, a strong history of education and a large education budget. Globally and regionally, it compares well by these measures. The country also has ambitions to become a major educational centre,...
Thailand is quickly going from being a secondary player in the world of technology to a regional, if not global, leader. The relevant sectors are rapidly beginning to take off with the introduction of 4G and the build-out of fixed-line assets. Greater bandwidth, higher speeds, lower latency and increased consumer demand have led to a burst of activity. The country is now arguably the centre of...
Thailand’s rise to the forefront of economic development in South-east Asia over the past three decades was first fuelled by its agricultural prowess, which was then followed by its transition into a regional manufacturing powerhouse, before the more recent push to evolve into a knowledge- and service-based economy. Although numerous factors have aided the country’s achievements across...
Economic stability, comparatively well-developed infrastructure and competitive investment incentives have attracted a steady flow of financing to Thailand’s manufacturing sector from both foreign and domestic sources, resulting in one of the strongest manufacturing bases in the ASEAN region and the second-largest economy within the trade block. These investments – made initially in basic...
Thailand’s film industry stands at a crossroads in 2017, as both the potential benefits and challenges brought on by increasingly globalised film industries have re-oriented the sector towards targeting revenue from foreign productions and joint ventures, as the number of domestically produced films wanes.
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