SIAC Consulting Co. Ltd
VAT Registration
Overview
In Thailand, anyone or any company earning over THB 1.8 million annually must register for Value Added Tax (VAT). Compliance with VAT regulations is crucial, as failure to register or file correctly can result in fines. The current VAT rate is 7%. Even if your income falls below this threshold, you can register voluntarily to enhance credibility.
Who Must Register for VAT
You must register if you:
Earn over THB 1.8 million annually or THB 300,000 in one month
Import goods, sell goods, or provide services in Thailand
Are a foreign company with a permanent presence in Thailand
Note: Some goods and services are VAT-exempt (e.g., education, healthcare) while others are zero-rated (e.g., exports).
VAT-Exempt Activities
No VAT registration is needed for:
Small businesses under THB 1.8 million
Sales of unprocessed agricultural products
Education and healthcare services
Domestic transportation
Certain professional services (legal, medical, auditing)
Religious, cultural, and charitable activities
Documents Required for VAT Registration
Prepare and submit Form VAT 01 with:
Company registration certificate
Taxpayer Identification Number (TIN)
ID or passport copies of directors
Proof of business address
Company seal
Map of business location
Power of attorney (if applicable)
VAT Registration Process
Document Preparation: Gather required documents and complete VAT Form Kor.01 (avg. 2 days).
Submit Application: File at the local Area Revenue Office; for import businesses, coordinate with Customs (registration usually within 1 day).
Obtain VAT Certificate: Display your VAT number prominently at your business and on invoices.
Ongoing VAT Compliance
VAT-registered businesses must:
File monthly VAT returns (Form VAT 30) within 15 days of the next month
Pay any VAT owed with the return
Issue tax invoices that include necessary details
If your input tax exceeds output tax, you can claim a refund within 3 years.
VAT Rates in Thailand
General goods & services: 7%
Exported goods/services: 0%
VAT-exempt activities: Exempt
Timeline & Costs
Document Preparation: 2 days
Application Submission: 1 day
Certificate Issuance: 1–2 business days
Agency Pricing: Starting from THB 9,000 + 7% VAT
Post-Registration Support
Ongoing compliance requires assistance with bookkeeping, tax filing, payroll, and annual audits. Working with a tax expert ensures proper handling of VAT matters.
Key Takeaways
Register if your income exceeds THB 1.8 million.
Submit Form VAT 01 within 30 days after hitting the threshold.
File monthly VAT returns by the 15th of the following month.
Maintain records and issue tax invoices accurately.
Need Professional Help?
Tax specialists like SIAC Consulting can manage your VAT registration and ensure compliance. Start your VAT registration today to keep your business compliant.
Siac Consulting Experts
Specializes in Thai company formation for foreign entrepreneurs, with expertise in BOI registration, and ongoing corporate compliance.
Stay up-to-date
Helpful Links
Opening a Corporate Bank Account in Thailand
Certified English–Thai Translation & Legalization in Thailand
Thailand Trademark Registration
VAT Registration in Thailand
Social Security in Thailand: for Employers & Employees
Payroll for Foreign Employees in Thailand
Thailand Employment Law & Contracts
Ending Employment for Foreign Workers in Thailand
Thailand Smart Visa
Thailand Work Permit Renewal
Thailand Work Permit
Thailand Visa Overstay: How to Fix It, Pay the Fine, and Avoid a Ban
Thailand 90-Day Reporting
Thailand Re-Entry Permit
Thailand Elite Visa (Thailand Privilege Visa)
Thailand Education Visa (Non-Immigrant “ED”)
Thailand Visa Extension
Thailand Retirement Visa (Non-Immigrant O-A)
Thai Family Visa (Non-Immigrant O Dependent Visa)
Thailand Non-Immigrant “B” Visa (Business & Work)
Opening a Corporate Bank Account in Thailand
Memorandum of Association (MOA) in Thailand
How to Register a BOI Company in Thailand
Limited Partnership in Thailand: Quick Guide to Get Started
Defines a Thai company’s internal rules regarding structure, management, meetings, and profit distribution.
Starting a company in Thailand involves several key steps. Here’s a step-by-step process for company formation.
A business license in Thailand allows individuals or businesses to engage in commercial activities. It regulates and monitors business activities to ensure they meet legal and industry requirements.
Creating a shareholder agreement in Thailand protects everyone’s interests and keeps your company running smoothly.
SIAC Consulting offers a Company Name Reservation Service that helps secure a unique name compliant with Thailand’s Department of Business Development (DBD) regulations. We assist with verifying name uniqueness and meeting the legal requirements for business registration.
Planning to work in Thailand? Whether you’re considering teaching, freelancing, starting a business, or joining a local company, there are a few essential legal requirements you must secure before beginning any professional activity in the country. Learn about them here.
Setting up a company in Thailand? In 2025, it’s actually easy — but still requires precision. A private limited company remains the top choice for foreign investors. Here’s our guide to get you up and running without the legal headaches.
VAT Registration
Overview
In Thailand, anyone or any company earning over THB 1.8 million annually must register for Value Added Tax (VAT). Compliance with VAT regulations is crucial, as failure to register or file correctly can result in fines. The current VAT rate is 7%. Even if your income falls below this threshold, you can register voluntarily to enhance credibility.
Who Must Register for VAT
You must register if you:
Earn over THB 1.8 million annually or THB 300,000 in one month
Import goods, sell goods, or provide services in Thailand
Are a foreign company with a permanent presence in Thailand
Note: Some goods and services are VAT-exempt (e.g., education, healthcare) while others are zero-rated (e.g., exports).
VAT-Exempt Activities
No VAT registration is needed for:
Small businesses under THB 1.8 million
Sales of unprocessed agricultural products
Education and healthcare services
Domestic transportation
Certain professional services (legal, medical, auditing)
Religious, cultural, and charitable activities
Documents Required for VAT Registration
Prepare and submit Form VAT 01 with:
Company registration certificate
Taxpayer Identification Number (TIN)
ID or passport copies of directors
Proof of business address
Company seal
Map of business location
Power of attorney (if applicable)
VAT Registration Process
Document Preparation: Gather required documents and complete VAT Form Kor.01 (avg. 2 days).
Submit Application: File at the local Area Revenue Office; for import businesses, coordinate with Customs (registration usually within 1 day).
Obtain VAT Certificate: Display your VAT number prominently at your business and on invoices.
Ongoing VAT Compliance
VAT-registered businesses must:
File monthly VAT returns (Form VAT 30) within 15 days of the next month
Pay any VAT owed with the return
Issue tax invoices that include necessary details
If your input tax exceeds output tax, you can claim a refund within 3 years.
VAT Rates in Thailand
General goods & services: 7%
Exported goods/services: 0%
VAT-exempt activities: Exempt
Timeline & Costs
Document Preparation: 2 days
Application Submission: 1 day
Certificate Issuance: 1–2 business days
Agency Pricing: Starting from THB 9,000 + 7% VAT
Post-Registration Support
Ongoing compliance requires assistance with bookkeeping, tax filing, payroll, and annual audits. Working with a tax expert ensures proper handling of VAT matters.
Key Takeaways
Register if your income exceeds THB 1.8 million.
Submit Form VAT 01 within 30 days after hitting the threshold.
File monthly VAT returns by the 15th of the following month.
Maintain records and issue tax invoices accurately.
Need Professional Help?
Tax specialists like SIAC Consulting can manage your VAT registration and ensure compliance. Start your VAT registration today to keep your business compliant.
About Me
Siac Consulting Experts
Specializes in Thai company formation for foreign entrepreneurs, with expertise in BOI registration, and ongoing corporate compliance.
Stay up-to-date
Helpful Links
Opening a Corporate Bank Account in Thailand
Opening a Corporate Bank Account in Thailand
Certified English–Thai Translation & Legalization in Thailand
Certified English–Thai Translation & Legalization in Thailand
Thailand Trademark Registration
Thailand Trademark Registration
VAT Registration in Thailand
VAT Registration in Thailand
SIAC Consulting Co. Ltd
VAT Registration
Mental Health Matters: Traveling and Coping with Anxiety
Overview
In Thailand, anyone or any company earning over THB 1.8 million annually must register for Value Added Tax (VAT). Compliance with VAT regulations is crucial, as failure to register or file correctly can result in fines. The current VAT rate is 7%. Even if your income falls below this threshold, you can register voluntarily to enhance credibility.
Who Must Register for VAT
You must register if you:
Earn over THB 1.8 million annually or THB 300,000 in one month
Import goods, sell goods, or provide services in Thailand
Are a foreign company with a permanent presence in Thailand
Note: Some goods and services are VAT-exempt (e.g., education, healthcare) while others are zero-rated (e.g., exports).
VAT-Exempt Activities
No VAT registration is needed for:
Small businesses under THB 1.8 million
Sales of unprocessed agricultural products
Education and healthcare services
Domestic transportation
Certain professional services (legal, medical, auditing)
Religious, cultural, and charitable activities
Documents Required for VAT Registration
Prepare and submit Form VAT 01 with:
Company registration certificate
Taxpayer Identification Number (TIN)
ID or passport copies of directors
Proof of business address
Company seal
Map of business location
Power of attorney (if applicable)
VAT Registration Process
Document Preparation: Gather required documents and complete VAT Form Kor.01 (avg. 2 days).
Submit Application: File at the local Area Revenue Office; for import businesses, coordinate with Customs (registration usually within 1 day).
Obtain VAT Certificate: Display your VAT number prominently at your business and on invoices.
Ongoing VAT Compliance
VAT-registered businesses must:
File monthly VAT returns (Form VAT 30) within 15 days of the next month
Pay any VAT owed with the return
Issue tax invoices that include necessary details
If your input tax exceeds output tax, you can claim a refund within 3 years.
VAT Rates in Thailand
General goods & services: 7%
Exported goods/services: 0%
VAT-exempt activities: Exempt
Timeline & Costs
Document Preparation: 2 days
Application Submission: 1 day
Certificate Issuance: 1–2 business days
Agency Pricing: Starting from THB 9,000 + 7% VAT
Post-Registration Support
Ongoing compliance requires assistance with bookkeeping, tax filing, payroll, and annual audits. Working with a tax expert ensures proper handling of VAT matters.
Key Takeaways
Register if your income exceeds THB 1.8 million.
Submit Form VAT 01 within 30 days after hitting the threshold.
File monthly VAT returns by the 15th of the following month.
Maintain records and issue tax invoices accurately.
Need Professional Help?
Tax specialists like SIAC Consulting can manage your VAT registration and ensure compliance. Start your VAT registration today to keep your business compliant.
Stay up-to-date
Helpful Links
Opening a Corporate Bank Account in Thailand
Opening a Corporate Bank Account in Thailand
Certified English–Thai Translation & Legalization in Thailand
Certified English–Thai Translation & Legalization in Thailand
Thailand Trademark Registration
Thailand Trademark Registration
VAT Registration in Thailand
VAT Registration in Thailand
