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 Agreement. See our Hong Kong Branch Office Profits Withholding Tax Insight.
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.