+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...

Withholding tax on monthly bill less than Baht 1,000

For the company’s monthly payment for telephone bill (amount not more than Baht 1,000), does the company need to deduct the withhold the tax? Panwa: Yes, the company still need to deduct the withholding tax for telephone bill payment every month, due to under...

PND. 51 (half-year tax) and tax return

The company was registered last 2018 and it is dormant (no income and expenses). For the year 2019, does the company need to submit PND. 51 (half-year tax) or not?   Panwa: The company still need to submit the PND. 51 for the year 2019. For more information,...