Overview of Thailand VAT Supported in Kintsugi

Thailand VAT is now supported in Kintsugi. This article gives you a quick overview of how Thailand's Value Added Tax (VAT) works and what Kintsugi currently supports for businesses operating in or selling into Thailand.

What is Thailand VAT?

Thailand imposes a Value Added Tax (VAT) on the sale of goods, services, and imports within the country. VAT is administered by Thailand's Revenue Department under the Ministry of Finance.

The standard VAT rate is 7%, which applies to most taxable supplies, including digital and electronic services.

Who Does This Apply To?

Thailand VAT applies to two types of businesses:

Resident businesses are companies with a physical presence or permanent establishment (PE) in Thailand. They register for standard VAT and file monthly returns using Form P.P.30.

Non-resident remote sellers are foreign businesses, particularly those selling Software as a Service (SaaS) or other digital/electronic services to customers in Thailand. These businesses may be required to register under a simplified scheme called the VAT on Electronic Services (VES) program.

What Kintsugi Supports

Kintsugi currently supports the following for Thailand:

• Nexus monitoring for all three nexus types (physical, economic, and marketplace)

• Registration for both standard VAT and VES (simplified non-resident scheme)

• Tax calculation for B2B SaaS and B2C SaaS product categories

• Monthly VAT filings for both resident and non-resident registrants

Tax Type Supported

Note: Thailand does not have a separate Digital Services Tax (DST). Digital services are covered under the existing VAT framework via the VES system.

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