On 24 March 2025, the Thai Cabinet approved the Royal Decree (No. 792) B.E. 2568 (2025), issued under the Revenue Code governing the reduction and exemption of taxes and duties. The Royal Decree introduces tax incentives that support tourism and seminars in secondary tourism provinces in Thailand, including exemptions on personal income tax and corporate income tax. The Royal Decree stipulates the tax incentives as follows:
- Exemption on personal income tax
Individuals shall be entitled to a personal income tax exemption in respect of expenses incurred for the purchase of tour packages, hotel accommodations, or stays at registered homestays located in designated secondary tourism provinces for an amount not exceeding 15,000 THB, provided that such expenses are incurred between 1 May and 30 November 2025. Given that such payments are made to VAT-registrant service providers which have been duly approved to issue electronic tax invoices (e-Tax invoices).
- Exemption on corporate income tax
Companies shall be entitled to a corporate income tax exemption on expenses incurred for organizing seminars held within the Kingdom of Thailand. In addition, the following enhanced deductions shall apply:
- A double deduction of expenses is incurred by a company or juristic partnership for the purpose of organizing training or seminars for its employees in areas located within designated secondary tourism provinces or other tourism areas as prescribed by the Director-General with the advice of the Ministry of Tourism and Sports.
- A deduction of expenses at 150% is incurred by a company or juristic partnership for the purpose of organizing training or seminars for its employees in other regions or contiguous areas.
Eligible seminar expenses include, but are not limited to, costs related to seminar rooms, accommodation, transportation, service fees paid to a tour operator licensed under the law governing tour businesses and tour guides for the purpose of organizing training or seminars and other related services paid by the companies or juristic partnerships, provided that such expenses are incurred during the period from 1 May to 30 November 2025. Given that such payments are made to VAT-registrant service providers which have been duly approved to issue electronic tax invoices (e-Tax invoices). E-Tax invoices shall be obtained and maintained as supporting documentation.
The exemption of personal income tax and corporate income tax shall be in accordance with the criteria, methods, and conditions stipulated by the Director-General.
Tax incentives for tourism and seminar activities in secondary tourism provinces_Bangkok Global Law