Value Added Tax is an indirect tax imposed on the value added of each stage of production and distribution. A company that is registered in the VAT system is mandatorily required to submit their Vat return (Form VAT Porpor 30) to the Area Revenue Branch Office within 15 days of the following month even if the company has no business transactions yet. The VAT rate is 7% and 0%. Failure to do so will incur penalties and summons from the relevant government authorities.
Any foreigner working in Thailand must obtain a Work Permit before beginning work. While a prospective employer may file an application on the foreigner’s behalf in advance of his starting work, the actual Work Permit will not be issued until the foreigner has entered Thailand in accordance with the immigration laws and has presented himself to receive his Work Permit.
Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company