The Thai Board of Investment introduced a new program to encourage the location of headquarters in Thailand. Among the incentives are provisions providing relief from corporate income tax (0% on non-Thai source income from services, royalties, and dividends, and 10% on certain Thai source income) for a period of 15 years.
Other tax incentives under the international headquarters (IHQ) regime provide for 0% withholding tax rates on dividends and interest, and a 15% rate of individual income tax (instead of the usual progressive rates up to 35%) for expatriate employees.
Read a 2015 report prepared by the KPMG member firm in Thailand: Thailand’s investment promotion: International Headquarters
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