+66 2 933 9000 , WhatsApp: +66 85.713.1000 chonthira@panwa.co.th

Withholding tax when pay Japanese consultant

Our company will engage a consultant (Japanese resident) and he will come to Thailand for working twice a year for 4-5 days each. We will make the payment to him by transferring the money to his private bank account in Japan. We will deduct the withholding tax by 15%...

Japanese company income in Thailand and DTA

Our company needs to hire the Service Engineer from Japanese company which is registered in Japan and their employee must come to fix the machinery of our customer in Thailand, about 5-6 days. Japanese company has no permanent establishment in Thailand. Do we need to...

Debt forgiveness income for BOI company

We obtained the BOI certificate with the privileges of income tax exemption. This year, the parent company have debt forgiveness (loan from parent company) to company in amount of USD 0.1 million which it become the income for debt forgiveness. Can this income use the...

How long to get the approval from the BOI

How long to get the approval from the BOI in case we request the BOI directly by our self?   Panwa: Normally the BOI approval timing would be determined by the size of the project as follow:1. software business for every size or the business not over than 40...

Can we apply BOI under the individual

​Can we apply BOI under the individual first?   Panwa: Yes, can do, but you must be careful as below;1.1 Can be both Thai or foreigner nationality but must be of legal age and also can do any legal act.1.2 After already get the approval from the BOI, must set-up...