by panwa group | Dec 3, 2018 | 3.Accounting-Tax
Withholding Tax Certain types of income paid to companies are subject to withholding tax at source. The withholding tax rates depend on the types of income and the amount of tax status of recipient. The payer of income is required to file the return (Form CIT 53) and...
by panwa group | Dec 3, 2018 | 2.Corporate
Regional Operating Headquarters Thailand (ROH) A Regional Operating Headquarters (ROH) is a juristic company or partnership organizer under Thai law to provide managerial, technical, or other supporting Services (see below) to its associated companies or its domestic...
by panwa group | Dec 3, 2018 | 2.Corporate
Branches of Foreign Companies Foreign companies may carry out certain business in Thailand through a branch office. Branch offices are required to maintain accounts only relating to the branch in Thailand. Having a branch office in Thailand, the foreign corporation...
by panwa group | Dec 1, 2018 | 2.Corporate
What are the estimated monthly overhead costs and other business expenses for foreign companies in Thailand? There is no simple formula for calculating this as there are numerous variables, such as size of business, type of activity, industrial or service sector,...
by panwa group | Dec 1, 2018 | 2.Corporate
Customs duties are governed by the Customs Tariff Decree of 1987, an amendment of previous tariff codes, to conform to the Harmonized System of the Customs Cooperation Council. Tariff duties on goods are levied on ad valorem or a specific rate basis. The majority of...
