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 income is considered as the business profit, thus, the commission shall be tax exempted in Thailand in accordance with the article 7 of Double tax agreement between Thailand and those countries. Thus, the company does not need to deduct the withholding when the company will make the payment for commission expense.

For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th

We would kindly like to inform that in substitution of the celebration of Visakha Bucha, we are taking some day off from our regular working schedule and we will not be working on June 5, 2023 (Monday). We will be back to work on June 6, 2023 (Tuesday).

For more information, please feel free to contact us:

Office: +66 2 933 9000

Whats'app: +66 8 5713 1000

Email: bkk@panwa.co.th

Address: 1560 Latphrao Road, Wangthonglang, Bangkok 10310, Thailand.

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