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Trade & Investment Tax Advisory
As the business world continues to globalize, more than ever international and multinational enterprises are seeking to expand into other markets. Now, Southeast Asia,
specifically Thailand, is becoming a very attractive choice. Thailand has a modern market, affordable and skilled labor force, and is a perfect gateway to Asia Pacific.
Overall, for most businesses there are no tax impediments to investing or expanding into Thailand, and, in some cases, there may even be benefits. Even if there are tax
consequences, it is likely to create a tax neutral position rather than a cost or double tax. Furthermore, the reporting requirements are not to be feared if you are
working with qualified professionals. Therefore, offshore and onshore tax and reporting should not be viewed as a barrier to Thai investment or expansion – so long as
appropriate measures and plans are in place.
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