Standard

7% (increase expected after 30 September 2016)

Other

Zero-rated and exempt

Thailand VAT number format

Businesses in Thailand that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Thai Revenue Department, and will follow a certain format. The VAT number format is Same as tax identification number.

Thailand VAT return periods

Businesses in Thailand that are required to collect tax from consumers must file regular tax returns with the Thai Revenue Department in Bangkok. Thailand's VAT return periods are:

Monthly

Thailand Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Thailand are required to start collecting and remitting tax.

Registration

Annual revenue of THB1,800,000

No (unless the non-established

non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. In Thailand, taxation of a non-established business is: business is registered for VAT in

Thailand as a result of carrying

on a business either in its own

right or through an agent)

Thailand VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the Thailand VAT refund program, more info can be obtained from the Thai Revenue Department.