Taxation of Thai or foreign investors doing business in Thailand |
Types of Income (From direct investment in SET/TFEX) | Tax Rate |
Capital Gains* | |
|
|
Dividends | |
|
|
|
|
Interest Income: | |
|
|
|
|
Taxation of foreign investors not doing business in Thailand |
Types of Income (From direct investment in SET/TFEX) | Tax Rate |
Capital Gains* | |
|
|
Dividends | |
|
|
|
|
Interest Income: | |
|
|
Double Taxation Treaties |
30 countries are exempted from capital gains taxes | 27 countries are not exempted from capital gains taxes | |
without condition | with conditions apply | |
1. Denmark | 1. Netherlands | 1. Malaysia |
2. Germany | 2. United Kingdom & North Ireland | 2. Philippines |
3. France | 3. Canada | 3. Republic of Poland |
4. Singapore | 4. Switzerland | 4. Republic of Finland |
5. Italy | 5. Israel | 5. Republic of Austria |
6. Belgium | 6. Spain | 6. People's Republic of China |
7. Pakistan | 7. Uzbekistan | 7. Kingdom of Sweden |
8. India | 8. Cyprus | 8. Hungary |
9. Laos | 9. Norway | 9. Australia |
10. Mauritius | 10. Slovenia | 10. Sri Lanka |
11. Bangladesh | 11. Turkey | 11. Japan |
12. The United Arab Emirates | 12. Hong Kong | 12. Vietnam |
13. Oman | 13. Myanmar | 13. Czech Republic |
14. Taiwan | 14. South Korea | 14. South Africa |
15. Kuwait | 15. Romania | |
16. Republic of Estonia | 16. The United States of America | |
17. Grand Duchy of Luxembourg | ||
18. The Federal Democratic Republic of Nepal | ||
19. New Zealand | ||
20. Bulgaria | ||
21. The Republic of Armenia | ||
22. Indonesia | ||
23. Kingdom of Bahrain | ||
24. Ukraine | ||
25. Republic of Seychelles | ||
26. The Russian Soviet Federative Socialist Republic | ||
27. The Republic of Chile |
(Investors should verify the correctness of the information and conditions of tax exemption under Double Taxation Agreements (DTA) on the Revenue Department’s website: www.rd.go.th.)
Value Added Tax (VAT) |
Stamp Duty (Instrument transferring) |
Under the Thai Revenue Code, both foreign and domestic transferors of share or debenture certificates must pay for duty stamps, to be affixed to the certificates (if any) according to the share’s book value or the price on the transfer instrument (whichever is greater). The stamp duty rate is THB1 for every THB 1,000 or fraction thereof. However, the following transfers are exempt from stamp duty:
Note: Contents of this web site are provided for preliminary information and educational purposes only, and are not to be construed as advice or recommendations. The Stock Exchange of Thailand including the Thailand Futures Exchange Pcl., accept no liability, direct or indirect, for decisions made based on the information contained herein. As laws and regulations may be amended without notice at any time, investors should consider the correctness of the information or seek the advice of professionals before using it in decision-making.