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

What kind of business can be applied VAT at rate 0%?

What kind of business can be applied VAT at rate 0%?   Panwa: the business/activities are liable to VAT at the rate of zero percent include: a)export of goods; b)services rendered in Thailand and utilized outside Thailand in accordance with rule, procedure and...

Social security fund rate in Thailand

What is the social security fund rate in Thailand? Panwa: It is 5% of wage from employee and 5% of wage from employer. However, social security is computed from range wage 1,650 to 15,000 baht per month. For more information, please feel free to contact us:Phone: +66...

Withholding tax on commission payment to foreigner

Our company will make the payment for commission to Malaysian and Singaporean residents. Do we need to deduct the withholding tax?   Panwa: If the ordinary person did not carry on such business through the permanent establishment in Thailand, the commission...