Q: Can a company register multiple business activities under one company, and how does that affect VAT reporting?

Panwa: Yes, a company can register multiple business activities under one legal entity, as long as they are clearly listed during registration. For VAT purposes, the company submits one VAT registration and one VAT return covering all taxable activities under the same company. However, the company must properly separate and record income and expenses by activity for accounting, tax reporting, and audit purposes. Some activities may be VAT-exempt, which can affect VAT calculation and input tax credit claims.

Related topic:

VAT registration Thailand – click here

Tax knowledge – click here

Taxation service – click here

For more information, please feel free to contact us:

Phones: +66 2 933 9000
Email: chonthira@panwa.co.th (Ms.Chonthira, Director)
WhatsApp: +66 85 713 1000
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Address: 1560 Latphrao Rd., Wangthonglang, Bangkok 10310, Thailand.

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Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.