Withholding tax

Service ProvidedOn domestic paymentsOn foreign payments
Professional income3%15%
Capital gains0%15%
Royalties3%15%
Interest1%15%
Technical services3%15%
Rent of assets5%15%
Dividends10% (1)10%
Hire of work (service fees)3% / 5%15%
Non-life Insurance premiums1%N/A
Advertisement services2%N/A
Telephone3%N/A


(1) Dividends paid by a Thai company to another Thai company can be exempt if the recipient is listed on SET or holds at least 25% of the total shares with voting rights

Key Countries as part of Thailand double tax treaty network

CountryDividendInterestRoyalty
Thailand resident corporations (domestic)0%/10% (1)0%/1% (2)3%
Thailand resident individuals (domestic)10%15%Progressive rates (3)
Non-treaty countries and individuals10%15%15%
China10%10%/15% (4)15%
Ireland10%10% /15% (5)5%/10%/15% (6)
France10%3% / 10% / 15% (7)0%/ 5%/15% (8)
Japan10%0% / 10% / 15% (9)15%
Singapore10%10%/15% (11)5%/8%/10% (10)
Malaysia10%10%/15% (4)15%
United Kingdom10%10%/15% (4)5%/15% (12)


See also this page for a full list of countries with DTAAs in force with Thailand and prevailing withholding tax rates.

Notes to the above double tax treaties list

1The zero rate applies to a company receiving funds and that is listed on the stock Exchange of Thailand;
2The 1% applies to interest paid to resident corporations except banks or finance companies;
3Refers to Thailand Personal Income Tax rates;
410% applies to interest paid to a bank, insurance company or financial institution;
510% applies to interest paid to an insurance company or financial institution;
6The 5% rate applies to royalties paid for the use of or the right to use any copyright of literary, artistic, or scientific work, including software, and motion pictures and works on film, tape. The 10% rate for the use of or the right to use industrial, commercial, or scientific equipment or any patent.
7The 3% rate applies to interest paid on loans or credits granted for four years or more with the participation of a financing public institution to a statutory body or to an enterprise in relation to the sale of any equipment or to the survey, the installation, or the supply of industrial, commercial, or scientific premises and of public works. The 10% rate applies to interest paid to any financial institution.
8The 0% rate applies to royalties paid to a contracting state or state-owned company with respect to films or tapes, and the 5% rate to royalties for the use of or the right to use any copyright of literary, artistic, or scientific work.
9The 0% rate applies to interest paid to any financial institution wholly owned by the government. The 10% rate applies to interest paid to a bank or financial institution (including an insurance company).
10The 5% rate applies to royalties paid for the use of, or the right to use, any copyright of literary, artistic, or scientific work, including cinematograph films, or films or tapes used for radio or television broadcasting. The 8% rate applies to royalties paid for the use of, or the right to use, any patent, trademark, design or model, plan, secret formula or process, or for the use of, or the right to use, industrial, commercial, or scientific equipment.
11The 10% rate applies to (i) interest paid to any financial institution (including an insurance company) and (ii) interest paid with respect to indebtedness arising as a consequence of a sale on credit of any equipment, merchandise, or services, except where the sale was between persons not dealing with each other at arm’s length.
12The 5% rate applies to royalties paid for the use of, or the right to use, any copyright of literary, artistic, or scientific work.

Contact us

For additional information on our withholding tax services in Thailand, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
Thailand securities and exchange commission The Thai chamber of commerce and board of trade of Thailand Thailand department of foreign trade - Ministry of Commerce Thailand department of business development - Ministry of Commerce Thailand board of investment