Employment law- Rate of Contributions


Employment

               According to Ministerial Regulation on the determination of the Rates of Contribution in relation to the Social Security Fund (No.2) B.E. 2564, it provided that from 1 February 2021 to 31 March 2021, the Rates of Contribution will be in accordance with Annex Kor.
               Then from 1 April 2021 onwards, the Rates of Contribution will be set at 5 percent of wage of insured person.
Rates of Contribution (Annex Kor.)

Note: the payment of Contribution can be paid through the e-Payment system or bank counters including Krungthai Bank, Krungsri Bank and Thanachart Bank.

 

Legal Insight Vol. February 2021 of Bangkok Global Law 

The PDF file can be downloaded via the link as set below. 

Employment law- Rate of Contributions_Bangkok Global Law

 

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