To engage any business in Thailand, you should to comply with every law and regulation that related with your kind of business activities.
However, what kind of your business is, you will be required to comply with the law and regulation of taxation.
The authority of the taxation part is the Revenue Department. You should comply with all regulations and requirements for avoiding any problems in the future. No one wants to face a penalty or double/triple charge backdate when you did wrong.
The general tax requirements are:-
- Monthly Withholding Tax
- Monthly VAT (Value Added Tax)
- Half year Tax Report
- Yearly Tax Report
- Specific business tax (if required)