Thailand
South-Eastern Asia · TH · 61 treaties
What is Thailand's tax system?
Thailand operates a remittance-based tax system. The top personal income tax rate is 35%, and the corporate tax rate is 20%.
Tax profile
| Corporate income tax | 20% |
| Withholding — dividends | 10% |
| Withholding — interest | 15% |
| Withholding — royalties | 15% |
| VAT / GST (standard) | 7% |
| Personal income (top rate) | 35% |
| Capital gains | n/a |
| Tax system | Remittance |
| Residency threshold | 180 days |
| Exit / departure tax | No |
| CFC rules | No |
| Transfer pricing | Strict |
| Digital nomad visa | Long-Term Resident (LTR) Visa – Work-From-Thailand Professional |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | Proposed |
Common questions
- What are the main tax rates in Thailand?
- Thailand has a top personal income tax rate of 35%, a corporate tax rate of 20%, and a standard VAT of 7%.
- How does Thailand tax cryptocurrency?
- Cryptocurrency is taxed as capital gains in Thailand. Long-term gains are exempt.
- What are the visa options for residency in Thailand?
- Thailand offers a Golden Visa option with a minimum investment of $14,600 USD and a Nomad Visa.
Tax residency
Easy to leaveWhat makes you a tax resident — and how hard it is to stop being one.
- Present in Thailand for an aggregate period of 180 days or more in a tax (calendar) year
Tax residency is triggered solely by spending 180+ days in Thailand in a calendar year, so it generally ends by reducing physical presence below this threshold in subsequent years, with no domicile or citizenship-based tail rules.
Source: The Revenue Department, Kingdom of Thailand
Tax treaty network (61)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| Armenia | 10% | 15% | 15% |
| Australia | 10% | 15% | 15% |
| Austria | 10% | 15% | 15% |
| Bahrain | 10% | 15% | 15% |
| Bangladesh | 10% | 15% | 15% |
| Belarus | 10% | 15% | 15% |
| Belgium | 10% | 15% | 15% |
| Bulgaria | 10% | 15% | 15% |
| Cambodia | 10% | 15% | 10% |
| Canada | 10% | 15% | 15% |
| Chile | 10% | 15% | 15% |
| China | 10% | 15% | 15% |
| Cyprus | 10% | 15% | 15% |
| Czechia | 10% | 15% | 15% |
| Denmark | 10% | 15% | 15% |
| Estonia | 10% | 10% | 10% |
| Finland | 10% | 15% | 15% |
| France | 10% | 15% | 15% |
| Germany | 10% | 15% | 15% |
| Hong Kong S.A.R. | 10% | 15% | 15% |
| Hungary | 10% | 15% | 15% |
| India | 10% | 10% | 10% |
| Indonesia | 10% | 15% | 15% |
| Ireland | 10% | 15% | 15% |
| Israel | 10% | 15% | 15% |
| Italy | 10% | 15% | 15% |
| Japan | 10% | 15% | 15% |
| South Korea | 10% | 15% | 15% |
| Kuwait | 10% | 15% | 15% |
| Laos | 10% | 15% | 15% |
| Luxembourg | 10% | 15% | 15% |
| Malaysia | 10% | 15% | 15% |
| Mauritius | 10% | 15% | 15% |
| Myanmar | 10% | 10% | 15% |
| Nepal | 10% | 15% | 15% |
| Netherlands | 10% | 15% | 15% |
| New Zealand | 10% | 15% | 15% |
| Norway | 10% | 15% | 15% |
| Oman | 10% | 15% | 15% |
| Pakistan | 10% | 15% | 15% |
| Philippines | 10% | 15% | 15% |
| Poland | 10% | 15% | 15% |
| Romania | 10% | 15% | 15% |
| Russia | 10% | 15% | 15% |
| Seychelles | 10% | 15% | 15% |
| Singapore | 10% | 15% | 10% |
| Slovenia | 10% | 15% | 15% |
| South Africa | 10% | 15% | 15% |
| Spain | 10% | 15% | 15% |
| Sri Lanka | 10% | 15% | 15% |
| Sweden | 10% | 15% | 15% |
| Switzerland | 10% | 15% | 15% |
| Taiwan | 10% | 15% | 10% |
| Tajikistan | 10% | 10% | 10% |
| Turkey | 10% | 15% | 15% |
| Ukraine | 10% | 15% | 15% |
| United Arab Emirates | 10% | 15% | 15% |
| United Kingdom | 10% | 15% | 15% |
| United States of America | 10% | 15% | 15% |
| Uzbekistan | 10% | 15% | 15% |
| Vietnam | 10% | 15% | 15% |