E-Service VAT for Big Foreign Tax Firms

Foreign e-Service companies liable for VAT

               On 10 February 2021, the e-Service Act or the Revenue Code (amendment no. 53) of Thailand has been approved by the Thailand’s Parliament and published in the government gazette.

               Starting on 1 September 2021, overseas business operators providing online services into Thailand including offering download services for movies, games and ads, e-Commerce businesses ( eBay, Alibaba and Amazon), multimedia and advertisement businesses ( Google, Facebook, TikTok and Line), digital content businesses ( Netflix, Iflix, Joox, and Spotify), software businesses ( Apple and Andriod), online structure businesses (Cloud), financial businesses (Paypal) and etc. will be required to register and subjected to 7% valued added tax (“VAT”) liability where its annual income exceeds 1.8 million baht. link


Legal Insight Vol. February 2021 of Bangkok Global Law 

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

E-Service VAT for Big Foreign Tax Firms_Bangkok Global Law