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ThailandThe general tax rate for corporate income tax is 20%. According to the rules established by the Organization for Economic Cooperation and Development (OECD), multinational corporations with annual global revenue exceeding $782 million will be subject to a global minimum tax rate of 15%. There are special tax incentives for small and micro enterprises: the first 300000 Thai baht of profits are exempt from taxes, 300001 to 3 million Thai baht are taxed at 15%, and the portion exceeding 3 million Thai baht is taxed at 20%.
1 million Thai baht
Registered capital
4-8 weeks
Processing cycle
6 of them
Handling process
Number of inquiries 82