1113 Views | Corporate Income Tax Rate
The corporate income tax rate in Thailand is 20% on net profit. However, the rates vary depending on types of taxpayers.
Taxpayer Tax Base Rate (%)
|Taxpayer||Tax Base||Tax Rate (%)|
|1. Small company (any company with paid-up capital less than 5 million baht at the end of each accounting period)||- Net profit not exceeding 300,000 baht
- Net profit 300,001-3 million baht
- Net profit over 3 million baht
|2. Companies listed in Stock Exchange of Thailand (SET)
|3. Companies newly listed in Stock Exchange of Thailand (SET)
|4. Company newly listed in Market for Alternative Investment (MAI)
|5. Bank deriving profits from International Banking Facilities (IBF)
|6. Foreign company engaging in international transportation
|7. Foreign company not carrying on business in Thailand receiving dividends from Thailand
|8. Foreign company not carrying on business in Thailand receiving other types of income apart from dividend from Thailand
|9. Foreign company disposing profit out of Thailand.
|10. Profitable association and foundation||Gross receipts||2% or 10%|