+66 2 933 9000 , WhatsApp: +66 81 919 6225 bkk@panwa.co.th

Personal income tax for reimbursement

The company will have to pay the reimbursement to the employees for the petrol, food, accommodation when the employees have to travel to upcountry in Thailand or if in overseas for working. We would like to know that if it will be considered as their income for the...

VAT subsidy amount from parent company

​We are subsidiary company in Thailand of our parent company in Malaysia. We do business of beverage trading, and we are experiencing more losses this year due to the consumer trend is changing. So, our parent company give us the subsidy amount of USD 0.1 million (it...

Can FBL company loan the money to other?

​In case the company already got the license (FBL license) and the company need to loan the money to operate the business, could the company loan or not? Panwa: Yes, can, but the loan amount must not exceed the proportion of one part capital/remitted foreign...

Time and how long for apply 100% owned company under FBL

If I would like to register the company and own 100% by foreigners, how long will it take to complete all the process? Panwa: If in case you would like to own by majority 100% foreigner after register the company already and before you can do the business, you need to...

Tax credit for dividend income

​Has the Tax Credit for dividends in Thailand?​ Panwa: Any taxpayer who domiciles in Thailand and receives dividends from a juristic company or partnership incorporated in Thailand is entitled to a tax credit of 3/7 of the amount of dividends received. In computing...