Tuesday, December 27, 2022

Open Bank Account in Thailand: Foreigners’ Guide

 


Foreigners must open a bank account in Thailand if they plan to stay here for a long period of time. Note that, this becomes necessary in order to avoid paying exorbitant bank and ATM fees. Managing your finances, including sending and receiving money from overseas, might be made easier if you have a Thai bank account. It can also make life much simpler for you in Thailand because locals frequently utilize wire transfers as a method of payment.

For foreigners who want to open a bank account in Thailand, there are certain stringent requirements. In this article, we’ll go through the requirements for opening a bank account, the most foreigner-friendly banks, and more.

Documents You Need to Open Bank Account in Thailand

Depending on the bank, you might need to prepare different documentation. Even the same bank’s branches can have varied documentation requirements. The country’s employers and bank managers vary in how strictly they apply the laws; some may be more rigid than others.

In general, if you want to open a Thai bank account, you might have to get ready the following paperwork:

Additionally, some banks could demand more paperwork. Eventually, they may request the following documents from you:

  • For proof of Thai Citizenship, a rental or lease agreement is the simplest. It is possible that your energy bill, Thai Residence Permit, Thai driver’s license, or Thai house registration will also be acceptable.
  • As a document attesting to your nationality, you can produce a utility bill, driver’s license, or bank statement.
  • Proof of Thai property ownership.
  • A letter of recommendation from your home bank, embassy, or Thai academic institution.
  • A letter from your employer confirming that you are applying for a work permit.

You may bring any documentation that demonstrates your intention to stay in Thailand for a long period, such as a photo ID or documents proving your pension or pay.

Can You Open a Bank Account in Thailand with Tourist Visa?

With simply a tourist visa, it is feasible to create a Thai bank account. Note that, the majority of banks that permit account opening with merely a tourist visa are often found in tourist destinations.

You might want to visit the banks in the Siam, Silom, and Sukhumvit districts of Bangkok. Also, try to visit Promenada, Central Festival, Nimmanhaemin, and the old town area in Chiang Mai.

It is always advised to compare different banks before choosing one. Compare the costs, interest rates, customer satisfaction scores, and account opening procedures at your leisure.

In Which Bank in Thailand should You Open an Account?

There is a reputation for ease of dealing with Bangkok Bank and Kasikorn Bank. They are also renowned for being friendlier to foreign customers than the majority of other Thai banks. These two are not the only choices you can think about, though. Here is a selection of well-known banks you might want to consider using:

Bangkok Bank

Thailand’s largest and most welcoming bank for foreigners is Bangkok Bank. Bangkok Bank offers the largest branch network globally in addition to having more than 1,200 local branches. Additionally, this bank has a reputation for offering the best exchange rate for international wire transactions.

Kasikorn Bank or KBank

The fourth-largest commercial bank in Thailand is Kasikorn Bank. It is recognized for being the first bank in the world to provide a secure mobile payment system.

Siam Commercial Bank or SCB

Another popular bank in Thailand among residents and foreigners alike is Siam Commercial Bank. With an initial opening sometime around 1907, it is the country’s oldest domestic bank. Because non-residents can open an account with just a passport and money to deposit, foreigners in particular favor the bank.

What Types of Bank Accounts can you Open in Thailand?

Expats can choose from a variety of account categories. They are as follows:

Savings Accounts

For foreigners, opening a savings account is the simplest process. You can even create an account as a visitor with some banks, such as Bangkok Bank. The longer time you have left on your visa—which is unlimited—the better.

Current Accounts

For foreigners with work visas, a current account is available. A current account functions virtually in the same way as a savings account in Thailand. You won’t get a passbook if you have a current account; you’ll just get a chequebook.

Fixed Term Account

For foreigners, opening a fixed-term account in Thailand can be more difficult. It is because different rates are offered by many Thai banks to “non-residents.” However, there are several methods to go about it. Furthermore, the thirteen-digit social security number on a foreign national’s work visa may be used as an ‘ID’.

You ought to be able to get the “local” rate if you hold a residency permit.

Considerations Before Opening a Thai Bank Account

Please note that, when selecting a Thai Bank account, there are a few considerations to make.

Learn about the Branch Policies of the Bank: In Thailand, a lot of policies tend to be branch-specific. Because of this, just because something doesn’t work out in one branch, it doesn’t necessarily follow that it won’t function in any other bank branches.

Know the ATM & Conversion Fees: The ATM withdrawal fee and conversion rate fees are normally exempt if you use the ATM at your bank. Note that different banks have specific policies in this regard.

Process of Sending Money Abroad: Each bank has a different set of costs for sending money outside of Thailand. However, no matter how you make the transfer, the majority of institutions in the nation charge a minimum of 150 Thai Baht. Some banks, including Kasikorn Bank, don’t impose a fee if the transaction is completed online.

Our Suggestions for Opening Bank Account in Thailand

The following three points cover a major portion of our suggestions as these evolved from a decade of our experience in facilitating foreigners to open Bank Accounts in Thailand:

  • It might only be possible to open an account at the bank’s main branch in person if you’re a non-resident.
  • Thai ATMs are far more useful and may be used to pay bills, transfer money between banks, and withdraw cash.
  • Foreign nationals who want to open a bank account in Thailand must adhere to some stringent rules.

Many a time, the process of opening a bank account in Thailand becomes cumbersome for foreigners. The reason behind this is the secure banking policies and stringent revenue code of the kingdom. In case, you are facing any such issues, feel free to consult us. Simply email us at officer@konradlegal.com for expert and professional guidance.


Monday, December 26, 2022

How to Obtain a Tax Clearance Certificate in Thailand?

 


You must be knowing about the sets of regulations governing the process of immigration of foreigners to Thailand. Similarly, there are some mandates that foreigners must follow while leaving Thailand. Obtaining a Tax Clearance Certificate in Thailand is one of those obligations. 

This article will guide you through the process of obtaining a Tax Certificate in Thailand. Additionally, this will also help you understand the importance of the document.

What is a Tax Clearance Certificate?

A Tax Clearance Certificate is a document given to a foreigner leaving Thailand. The Director-General of the Thai Revenue Department, the Provincial Governor, or the delegated authority gives this Certificate. This document shows that taxes are not due and is a guarantee or collateral to prove tax liabilities and payable.

Who Requires Tax Clearance Certificate in Thailand?

According to Revenue Code Section 4 Quarter, irrespective of tax liability, a foreigner must apply for a Tax Clearance Certificate. He or she must do so before departing from Thailand. The foreigner must do so in the form declaration of the Director-General within 15 days before leaving the country. If any of the following applies, a foreign national leaving Thailand must submit Form P.1 (Application for Tax Clearance Certificate) and any supporting documentation:

The term “public performer” refers to an actor or actress in a play or motion picture. He or she can also be a performer on radio/television, a musician/singer, a professional athlete, or any other entertainer.

Who doesn’t needs Tax Clearance Certificate in Thailand?

Foreigners need not apply for Tax Clearance Certificate in Thailand under the following conditions:

  • A foreigner transiting Thailand, entering or residing in Thailand for a period
  • Foreigners transiting Thailand for periods totaling no more than 90 days in a tax year
  • Foreigners living in Thailand without earning assessable income, or
  • A foreigner as specified by the Director-General with the Minister’s approval.

Additionally, the Notification of the Director-General of the Revenue Department on May 7, 1991, states that with the exception of the above circumstance, foreigners leaving Thailand do not need to file for a Tax Clearance Certificate.

How Many Types of Tax Clearance Certificates in Thailand are there?

P.3 and P. 3.1 are the two different forms of tax clearance certificates.

P.3 Tax Clearance Certificate

This certificate is issued to a visitor leaving Thailand temporarily. It is only good for one leave and needs to be used within 15 days of the date of issuing. The Tax Clearance Certificate will no longer be valid if he does not leave Thailand by the deadline. However, exceptions are there in case of re-issuance before it runs out.

P.3.1 Tax Clearance Certificate

This certificate is for a foreigner who often visits and exits Thailand as a result of his work or occupation. It is valid for recurring leaves of absence during the tenure in the Tax Clearance Certificate. However, this won’t be applicable for more than 180 days after the date of issuance. Form P. 3.1 renewal is not permissible from the Revenue Department of Thailand.

How to Apply for a Tax Clearance Certificate in Thailand?

A foreign national who must have a tax clearance certificate must submit Form P.1, together with the following supporting documentation:

Documents required for P.3 Tax Clearance Certificate

  1. Passport
  2. Alien Certificate (if any)
  3. Residence Certificate (if any)
  4. Work permit or an application thereof (if any)
  5. Tax Identification Card
  6. Letter of guarantee (if having tax liabilities or payable) issued by any of the following authorities:
    • A person whose securities are greater than his tax liabilities or payable and whose reputation is acceptable to the Director-General of the Revenue Department 
    • The Provincial Governor 
    • The Assignee
    • A government officer of level 6 or equivalent or higher. 
    • A bank with a guaranteed amount exceeding tax liabilities or payable or $50,000. 
  7. Tax payment records for the past three years of the company or juristic partnership which is represented by the applicant for a Tax Clearance Certificate including withholding tax receipts or tax receipts.
  8. Other evidence as required by the Director-General of the Revenue Department

Documents required for P.3.1 Tax Clearance Certificate

  1. The above documents 1-7
  2. Evidence indicating the reasons for departing Thailand on a regular basis in connection with the business or profession of the foreigner
  3. Evidence indicating that his assets in Thailand are greater than his tax liabilities or tax payable A foreigner applying for a Tax Clearance Certificate is required to file an application to the following persons within 15 days before departing Thailand:

What to do for Outstanding Tax Liabilities?

The Director-General of the Revenue Department, the provincial governor, or the authorized authority must receive a guarantee from the applicant for a Tax Clearance Certificate if they are unable to pay their tax obligations in full or in part or if they become due after the departure date.

Loss of Tax Clearance Certificate

The foreigner must get in touch with the office where they submit their application. This is enough to get a replacement Tax Clearance Certificate in case of misplacement. However, only until the prior Tax Clearance Certificate’s expiration date is reached is the new Tax Clearance Certificate valid.

Presentation of Tax Clearance Certificate

A foreign national leaving Thailand must show the Immigration Office the Tax Clearance Certificate on the day of departure. 

Penalty

Without a Tax Clearance Certificate, a foreign national who leaves Thailand or attempts to leave the country would be charged a surcharge equal to 20% of the tax amount. In addition, he faces a fine of no more than 1,000 Baht, a term of imprisonment of no longer than one month, or both.
For any type of assistance and professional guidance in the process of obtaining a tax clearance certificate in Thailand, feel free to write to us at officer@konradlegal.com.

Wednesday, December 21, 2022

How to File Personal Income Tax in Thailand in 2022-23?


Tax residents in Thailand are obligated by law to pay and file personal income tax returns each year. Therefore, it’s very important that you understand and accept your tax liabilities as a taxpayer. This article intends to guide you through the process of tax payment in Thailand this coming season.

Let’s find out more about Thailand’s taxation on income.

Are you a Tax Resident of Thailand?

An individual’s income may be subject to personal income tax if it falls into the following categories:

  • Benefits obtained in Thailand, whether monetary or non-monetary (paid in or outside Thailand)

  • The income brought into Thailand within a year from a foreign source

Non-residents are only required to pay personal income tax on their income if they receive their benefits in Thailand.

Each year, both residents and non-residents must apply for a personal income tax ID and file a personal tax return in Thailand. If you are a foreigner staying for more than 180 days in Thailand in a single tax year and made income, you are a tax resident of Thailand.

What are the Types of Taxable Income in Thailand?

In Thailand, there are eight categories for assessing income:

  • Earnings from employment, including wages, salaries, bonuses, gratuities, pensions, housing allowances, the monetary value of a home that an employer provides for free, the payment of an employee’s debt obligations by an employer, or any other money, asset, or benefit obtained from employment

  • Income from jobs, employment offices, or services

  • Goodwill, copyright, franchise, patent, and other rights income

  • Income from interest, dividends, investor bonuses, gains from mergers, acquisitions, or dissolutions of businesses or partnerships, as well as gains from the sale of stock

  • Property lease, violation of a hire-purchase contract, and installment sale deal

  • Income from the liberal arts, engineering, architecture, accounting, and other professions

  • income from a work agreement where the contractor is responsible for supplying all necessary materials other than tools

  • Earnings from commerce, business, agriculture, transportation, or any other activity not already listed

Capital gains, as stated in the fourth point, are taxed as regular income. Moreover, capital losses cannot be used to offset capital gains, as is the situation in many other nations.

However, capital gains are not always taxable, and there are three exceptions:

  • Income from earnings and salaries, including any perks offered by the company (such as stock option income, employer-paid personal income taxes, living expenses, the value of rent-free housing, etc.), but excludes costs for business travel and medical care.

  • Gains on the selling of debt instruments or government bonds that don’t pay interest (although there are exceptions)

  • Revenue from the sale of government bonds

Personal Income Tax Rates in Thailand 2022-23

Thailand uses a progressive tax system for personal income tax, with the following rates:

Tax Credits in Thailand

Taxpayers are eligible for credits for tax withholding at source against their annual tax liability. The income tax withheld at source from dividends received from Thai-incorporated companies may be applied as a credit against a person’s tax liability if they are domiciled and resident in Thailand. 

Dividend income is combined with other types of income after the credit is added to account for the underlying corporate income tax paid on the profit being distributed. The value of the tax credit is subtracted from the tax that has been determined by applying the personal income tax rates to the entire taxable income. If a double taxation agreement does not allow it, taxpayers cannot use foreign taxes as a credit against Thai taxes.

Deduction and Allowances on Personal Income Tax in Thailand

deductible expenses of personal income tax in thailand

According to the chart below, resident taxpayers may deduct personal and special allowances:

Apart from the above-mentioned allowances, the assessable income is also subject to some special allowances like the following:

Tax Administration for Personal Income Tax in Thailand

Thailand applies a self-assessment system in collecting taxes. Taxpayers must declare their tax liabilities in their tax returns and pay the tax due at the time of filing. The following individuals must file income tax returns for income earned in the preceding tax year:

  • A person who has no spouse and earns an income of more than Baht 60,000

  • A person who has no spouse and earns income under the category of salaries and wages of more than Baht 120,000

  • An individual who has a spouse and earns an income of more than Baht 120,000

  • A person who has a spouse and earns income under the category of salaries and wages of more than Baht 220,000. 

  • Each husband or wife earning income can choose to file his/her income tax return either separately or jointly with their spouse, whichever they prefer. 

The tax year is the calendar year. All tax-liable persons must file a tax return no later than 31 March of the following year for hardcopy filing. However, 8 April is the date for online filing. Additionally, those taxpayers deriving income from the lease of property, liberal professions, contractual work, and other businesses, commerce, or industries must file a mid-year tax return by 30 September. Note that, this tax calculation is on the income during the first half of the tax year to 30 June. Tax paid at the time of the mid-year filing is creditable against the annual tax liability.

Penalties and Surcharges for Late Filing of Personal Income Tax in Thailand

A penalty rate of 100% will is payable for incorrect tax returns. Furthermore, a penalty rate of 200% will apply in cases of failure to file a tax return. The penalty decreases by 50% if the taxpayer submits a request in writing. On this, the assessment officer determines the intention of the taxpayer in regard to tax payment during the tax audit.

A surcharge of 1.5% per month, or a portion of the tax due or remittable, less the amount of the tax imposed, will be applied to anyone who doesn’t pay the tax within the allotted time.

The surcharge decreases to 0.75% per month or a fraction thereof if the Director-General extends the deadline for payment or remittance of tax and the payable tax or remittance within the time.

Anyone who knowingly or intentionally reports false information makes false statements, answers inquiries with false information, presents false proof to escape taxes, or attempts to evade taxes is subject to a fine of THB 200,000 and a sentence of three months to seven years in prison.

Do You Need a Tax Clearance Certificate in Thailand?

The following people must request a tax clearance certificate:

  • Obligated to settle tax debts before leaving Thailand

  • Owes a tax return and must pay taxes on behalf of a foreign-incorporated firm or legal partnership that conducts business in Thailand.

  • Earn money in Thailand by performing in public

Before departing Thailand, a foreigner must submit an application for a tax clearance certificate within 15 days. On the day of departure, it is compulsory to show the tax clearance certificate to the immigration office.

A surcharge of 20% of the tax due will be due without the tax clearance certificate. The foreigner may also undergo imprisonment with a fine of no more than 1,000 THB, a month in jail, or both.

To avoid penalties or imprisonment, taxpayers in Thailand should continue to comply with their personal income tax requirements.

We advise getting in touch with Konrad Legal if you need expert tax assistance in Thailand. Simply email us your requirement at officer@konradlegal.com.

Tuesday, December 20, 2022

Tax in Thailand for Foreigners: How to File in 2022-23?

 


Tax Filing season in Thailand is going to start soon. Are you a foreigner in Thailand and want to get updates about the current tax rates and regulations? Then this article is for you to educate you on the recent policies of paying tax in Thailand for foreigners for the 2022-23 season tax filing.

Thailand is a prevalent location for retirees and ex-pats from all over the world. It’s important to understand what types of income are subject to taxation under Thai law.

Personal Income Tax in Thailand 2022-23

Thailand applies the source rule and residence rule to its Personal Income Tax (“PIT”). Generally, regardless of the source of generation of income, PIT is applicable for all.

Whether you receive a payment in Thailand or abroad, the source rule still applies to foreigners. It is applicable for all who receive Thai-sourced income and are therefore subject to PIT in Thailand.

Depending on the tax residency status of a foreigner, the residence rule is applicable to their foreign income. Note that, a tax resident is a foreigner spending a minimum of 180 days in Thailand during any tax year. The Thai tax year corresponds to the calendar year. If a tax resident brings foreign income into Thailand during the same tax year, it will be subject to PIT. However, PIT in Thailand does not apply to income from foreign sources if the foreigner is not a tax resident.

Progressive PIT tax rates range from 0-35% of the net assessable income after subtracting exempt incomes, costs, and allowances. Generally, taxpayers must submit the yearly PIT return by March 31 of the subsequent (tax) year (PND 90 or 91). This is applicable to foreign citizens receiving specific types of income. Rental income or company revenue is such a type of income. For this, the foreigner must submit a half-year PIT return (PND 94) by September 30 of the same tax year.

Foreign nationals falling in the eligibility bracket for PIT must apply for a tax ID number. This application must be within 60 days of the date they start making taxable income.

Gift Tax in Thailand 2022-23

One specific sort of PIT for which the aforementioned source rule and/or residence rule also apply is the gift tax. Foreigners receiving any moveable property (cash, a car, jewelry, etc.) as a gift or stipend must pay a gift tax. The applicable rate is 5% of the amount exceeding 20 million THB in each tax year. Additionally, this is applicable in all cases of assistance from an ancestor, a descendant, or a spouse.

The 5% Gift Tax shall, however, is applicable to the share over 10 million THB in each tax year. This is mandatory in cases of transfer of ownership of the moveable property to a foreigner. Processes pertaining to such transfers can be a formal ceremony or on customary occasions. Additionally, it can be due to moral obligation by a person who is not a descendant, or a spouse.

Last but not least, the 5% Gift Tax is applicable on the appraised value of immovable property. Land, buildings, condominium units, etc. are examples of such properties. This is applicable if the value exceeds 20 million THB per legitimate child in each tax year. It is also applicable if there is an ownership transfer from Parents to their legitimate children, but not adopted children.

Withholding Tax or WHT in Thailand 2022-23

Withholding Tax (or “WHT”) shall apply to certain categories of income. Additionally, in all types of transactions, there is a greater obligation to deduct WHT from both tax residents and non-tax residents. The following table will present you with the idea of categorization of WHT for tax and non-tax residents of Thailand:

With a Double Taxation Agreement (“DTA”) in effect between Thailand and the nation where the foreigner is a tax resident, or when other domestic laws, such as the Investment Promotion Act, are applicable, there is a reduction or exemption in the WHT rate.

Value-Added Tax or VAT in Thailand 2022-23

Before beginning commercial operations or within 30 days of earnings reaching the level of assessable income, any foreigner who regularly sells goods or renders services in Thailand and whose annual revenues exceed 1.8 million THB must register for Value Added Tax (“VAT”).

For your information, foreigners who offer an electronic service (or “e-Service”) from outside to Thai users who have not registered for VAT must also do so.

However, some activities—such as those covered by an employment contract, the renting of real estate, and acting/actress performances—are free from the VAT.

The standard VAT rate is 7% of the value of the goods or services. Activities like exporting goods and services are exempt from paying VAT. Additionally, eligible payers must file monthly VAT returns (P.P. 30 or P.P. 30.9) by the 15th day of the following month.

No matter if they have registered for VAT or not, importers in Thailand are likewise liable to VAT. In this case, at the time of customs clearance for imports, the Customs Department collects the VAT.

Specific Business Tax or SBT in Thailand 2022-23

Any foreigner who sells or transfers an immovable property within five years of the date of acquisition must pay a Specific Business Tax (“SBT”) at a rate of 3.3% (including a 10% local tax). Note that, this tax is payable at the time of the transfer at the Land Office. However, the tax rate depends on the greater value, i.e., either the appraised value or the sale price.

Stamp Duty in Thailand 2022-23

Depending on the circumstance, taxpayers must apply for and pay Stamp Duty (“SD”) in cash at the Revenue Office. Alternatively, they can also do so through the e-stamp duty system on the website of the Thai Revenue Department for the execution of specific instruments. These documents include leases for land or buildings, the sale of shares, the transfer of real estate, the hiring of labor, the borrowing of funds, powers of attorney, guarantees, and the duplication of documents.

Depending on the transaction, the SD rate may be fixed or computed as a percentage of a specified value. For illustration:

  • rental of land or building is subject to an SD of 0.1% of the rental fee, or key money, or both, for the entire lease period;
  • transfer of share is subject to an SD of 0.1% of the paid-up value of the shares or shares sale value, whichever is greater;
  • transfer of immovable property is subject to an SD of 0.5% of the appraised value or sale value, whichever is the greater
  • hire of work contracts are subject to an SD of 0.1% of the remuneration provided for the work under the contract
  • duplication of an instrument is subject to an SD of 1.00 THB if the SD of the original instrument does not exceed 5.00 THB, or 5.00 THB if the SD of the original instrument exceeds 5.00 THB.

The lessor, share transferor, contractor, lender, a seller of the land or building, guarantor, etc. in the transaction is responsible for paying or attaching the SD. A beneficiary or the holder of any of these legal documents may have to pay SD to implement the document.

Inheritance Tax in Thailand for Foreigners in 2022-23

If the net inheritance value from each testator exceeds 100 million THB, any foreigner who is domiciled in Thailand under the Immigration Law is required to pay inheritance tax within 150 days of that date, together with the tax payment. If the recipient is an ancestor or a descendant of the testator, a rate of 5% is applicable. Note that, this is applicable to the portion of each testator’s net inheritance value that exceeds 100 million Thai Baht. However, this is applicable to the amount after subtracting any liabilities. Additionally, when the net inheritance value exceeds 100 million THB, a rate of 10% is applied.

For your information, foreigners will also be subject to the aforementioned tax rates, but only if their inheritance is located, registered, withdrawn, or claimed in Thailand.

Land and Building Tax in Thailand 2022-23

A Land and Building Tax (also known as the “L&B Tax”) must be paid by any foreigner who owns the land, a building, or a condominium unit in Thailand by the end of April each year.

Depending on the use of the land and/or building, such as agricultural, residential, unused/vacant, or other purposes, the L&B Tax is now determined based on progressive rates ranging from 0.01% to 0.70% of the net appraised value of the land, building, and/or condominium unit.

What We Can Do for You?

When it comes to Accounting, Audit, and Taxation in Thailand, we cater to a wide spectrum of related services for foreigners in Thailand. They are as follows:

Accounting Service:

You will certainly need an accountant or reliable Accounting Services in Thailand to get all your calculations right and save taxes. To track your profits and pay taxes timely, talk to us today!

Annual Account Audit

We take pride to conduct successful audits of all types. Be it planned and requested audits or Internal and external audit coordination we manage ALL these effectively and diligently.

Half-Yearly Account Audit

Get a simplified forecast and a summary of your actual business performance. To get your Half-Yearly Audit Report on time in compliance with Thai Accounting Standards, Consult Us!

Tax Audit Service

We can identify the weaknesses in the accounting system and ensure real financial benefits for your business to facilitate its smooth continuity. Therefore, for all support on tax in Thailand for foreigners, book your Free Consultation Session!

Bookkeeping Service

We can record transactions, compare computer reports, cater to tax obligations, review invoices, and statements, and all activities to provide complete Bookkeeping Services in Thailand.

Open a Corporate Bank Account

Are you eligible to open a bank account in Thailand? If you are Thai, it is possible! However, for Foreigners in Thailand, we make it possible. Therefore, to get your Corporate Bank Account in Thailand, Contact Us!

Notary Service

Do you need to authenticate your signature or any document in Thailand? Our Authorized Notarial Service Attorneys specialize in all 7 forms of Notary in Thailand for all documents. Drop in with your requirement!

Tax Refund Application

Did you miss filing a tax refund for the previous year? Do not repeat the same. Therefore, let us help you in the process so that you can file your return on the right date. Trust Us, we do the follow-up! Consult Us!

Corporate Income Tax

For juristic companies in Thailand of any form under Thai or International Accounting Standards, we hold a reputation as the leading Taxation Firm in Thailand. We cater to all necessary requirements in paying taxes in Thailand for foreigners. Get in touch with us!

Payroll Management

You tell us the task, and we can manage all related to your employee paychecks, pension funds, or filing employer’s returns, we will do the complete Payroll Management for your company in Thailand.
So, if you are looking for any or all of the above-said services, please feel free to book your free round of consultations today. Email us your requirement at officer@konradlegal.com to grant us the opportunity to facilitate the payment of tax in Thailand for foreigners.