MSNA Ltd.

29/10/2025

Tax Exemption for Donations to the Thai Red Cross and Public Health Foundations!

By virtue of Section 5, Section 6 and Section 7 of the Revenue Code on Tax Exemption (No. 795) B.E. 2568, the Revenue Department has recently announced the crit

13/08/2025

Almost the end of the year. The company has a duty to submit a Financial Statement. What is a Financial Statement ?

30/06/2025

Corporate Income Tax is a direct tax imposed on juristic companies or partnerships doing business in Thailand, or those not doing business in Thailand but earning certain types of income from Thailand.

27/06/2025

Taxpayers in Thailand must have a tax identification number:

26/06/2025

As a taxpayer in Thailand, there are certain duties that must be complied with.

As a taxpayer in Thailand, there are certain duties to be complied as follows:- To register for tax identification number (in case of a foreigner) and must

25/06/2025

A company must close its accounting period every year. The accounting period shall be 12 months, except in the following cases where it may be shorter:

1. In the first accounting period after company registration.

2. When the company changes its accounting period with the approval of the Director-General of the Revenue Department.

A company must close its accounting period every year. An accounting period shall be 12 months except in the following cases where it may be less than 12 months

24/06/2025

MSNA have been assisting clients with business bank account set up. We can help prepare the requirements and facilitate the process. Contact us today for further information.

Several banks in Thailand have recently updated their policies when opening business bank accounts. Below is a summary of the current requirements by banks in B

23/06/2025

When computing Thai personal income tax, taxpayers may exclude interest and dividends before submitting their return to the Revenue Department.

For Thai personal income tax computation, taxpayers may exclude interest and dividends before filing it with the Thai Revenue Department. The following forms

20/06/2025

Taxpayers in Thailand are classified into resident and non-resident.

We got asked a lot of times about the difference between being a tax resident and a non-tax resident in Thailand when filing the Thai personal income tax return

19/06/2025

Foreigners must include both income sourced within and outside Thailand in the filing of his/her Thai personal income tax return. Taxable income shall be an aggregate amount of Thai-sourced income earned during the tax year and foreign-sourced income remitted to Thailand during the tax year. Hence, if foreign-sourced income is remitted partially, the taxable amount shall be apportioned accordingly.

For filing of Thai personal income tax returns with the Thai Revenue Department, these are the cases where foreign-based income is not subject to Thai taxes.

18/06/2025

For real estate properties in Thailand, the Department of Lands has set its criteria for payment of Specific Business Tax.

For real estate properties in Thailand, the Department of Lands has set its criteria for payment of Specific Business Tax as follows: The term "sale" for sp

17/06/2025

The Revenue Department has recently announced the criteria and conditions for tax exemptions which apply to donations made to the Thai Red Cross Society or approved medical and public health foundations through the electronic donation system, effective from 1 January 2025. This initiative is part of an effort to encourage charitable contributions via secure and transparent digital platforms.

By virtue of Section 5, Section 6 and Section 7 of the Revenue Code on Tax Exemption (No. 795) B.E. 2568, the Revenue Department has recently announced the crit