Knowing before choosing a Tax allowance

Knowing before choosing a Tax allowance

 Before tax allowance, you should check whether you are eligible for taxation or not because otherwise you will be taxed more than necessary. Knowing that the tax allowance rate is understood to be a reduction based on the tax base only. For example, a tax base of 5% of the price of 15,000 baht will receive a tax allowance of only 750 baht.

Is the e-Service law causing the service user to pay more VAT?

Is the e-Service law causing the service user to pay more VAT?

The e-Service law does not increase the tax burden of service users in Thailand. Since the law previously required that service users in Thailand, whether they are VAT registered operators or those who do not register VAT, must submit VAT from using services from abroad. The general public (without VAT registration) is not obliged to file a VAT return and remitting VAT to The Revenue Department anymore.

Why invest in Thailand?

Why invest in Thailand?

Thailand’s economy has seen a growing state in the modern area and is characterized by steady growth, strong exports, and a strong consumer market. With Thailand’s great location in Asia, they offer great rewards not only in Asia, but for countries around the world

 Registration of amendments to the office location of a limited company

Registration of amendments to the office location of a limited company

Amendment to the location of the head office so that the new location is in the same province by law does not require approval from the shareholders' meeting or the board of directors' meeting. Amendments to the location of the head office are therefore not required to refer to the resolutions of the meeting

Are freelancers taxable?

Are freelancers taxable?

Even as a freelancer, they are still subject to the same taxation as individuals with regular income, with freelancers still subject to a number of criteria. “Net Income” to calculate for tax payment That is to say, It will be subject to income tax Section 40 (2).

Global leaders reach agreement on 15% minimum corporate tax rate

Global leaders reach agreement on 15% minimum corporate tax rate

-Leaders from 136 countries and territories around the world has reached an agreement to set a minimum corporate tax rate of 15% to prevent tax evasion of multinational companies on October 9, 2021, CNBC news agency reported. The Organization for Economic Co-operation and Development (OECD) has agreed to set a minimum corporate tax rate of 15% to prevent tax evasion by