Thailand Acquisitions Tax
As is the case in most other countries, acquisitions in Thailand can take the form of a share acquisition (purchase of shares in a Thailand company) or an assets acquisition (purchase of assets from a Thailand company).
Foreign companies and individuals are able to acquire shares in a Thailand company, but in the case the Thailand company's business is a restricted business operation under the Thailand Foreign Business Act, lawyers may advise foreign companies and individuals to acquire the shares in the Thailand company via a holding vehicle in Thailand.
For share acquisitions, the Thailand taxes are as follows:
For most asset acquisitions by foreign companies and individuals, the foreign company or individual acquires the assets through a new Thailand company that is established by the foreign company or individual.
For asset acquisitions, the Thailand taxes are as follows:
This Tax Insight is general information only. It should not be used to determine any particular matter without consulting with an experienced Thailand tax advisor.