Thailand Branch Office Tax Structures
Whilst a Thailand Branch Office is the same legal entity as its foreign head office company, Thai tax law treats it (the same as other countries do) as if it were a separate legal entity.
But unlike other countries, the Thai tax law treats a Branch Office only as a profit-seeking entity, and because of that, a Branch Office structure in Thailand is subject to all the income and transaction taxes that apply to corporate profit-seeking entities in Thailand.
A summary of the taxes that Branch Office structures in Thailand are subject to (and which the Thailand Revenue Department tax audit offices expect to receive from a Branch Office in Thailand) is as follows:
* Except for remittances to a head office company in Hong Kong, which are exempt from profits remittance tax under the Thailand - Hong Kong Double Tax Treaty. See our Hong Kong Branch Office Profits Withholding Tax insight article.
This is a general information Tax Insight Article only. It should not be used to determine any particular matter without consulting with an experienced Thailand tax advisor.