DoubleTaxationTaxes on salary: Thailand preliminary data
How much income tax and social contributions are paid on a salary in Thailand, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | THB 2,207,393 ≈ €60,000 |
|---|---|
| Income tax | THB 376,518 ≈ €10,234 |
| Employee contributions | THB 9,000 ≈ €245 |
| Take-home pay | THB 1,821,875 ≈ €49,521 |
| Employer contributions and payroll taxes | THB 9,480 ≈ €258 |
| Employer's labour cost | THB 2,216,873 ≈ €60,258 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 THB 1,103,696 | €60,000 THB 2,207,393 | €120,000 THB 4,414,785 |
|---|---|---|---|
| Sole proprietor | THB 101,665 10.2 % | THB 346,663 17.4 % | THB 938,992 23.6 % |
| Company | THB 278,131 28.0 % | THB 556,263 28.0 % | THB 1,112,526 28.0 % |
Special tax regimes
Long-Term Resident (LTR) visa — Highly-Skilled Professional 17% rate
For employees · rate 17.0 %
Who: LTR-H holders working for an employer in a targeted industry; employer notifies the Revenue Department.
Employment income can be taxed at a flat 17% withheld at source as final tax (no refund or credit claimed).
Long-Term Resident (LTR) visa — foreign-sourced income exemption
Other · rate 0.0 %
Who: LTR holders in the Wealthy Global Citizen, Wealthy Pensioner and Work-from-Thailand Professional categories.
Foreign-sourced income remitted to Thailand is exempt from personal income tax; no application needed.
Tax residence
The tax residence check does not cover Thailand yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 36.789875 THB (IMF representative exchange rate (no rate for 2 Jan 2026; nearest is 5 Jan 2026), 2026-01-05) ↗
Sources
- Thailand government portal (thailand.go.th) — Setting personal income tax rates
- Thailand government portal (thailand.go.th) — Calculation of personal income tax deductions
- Revenue Department — PND 90/91 attachment form, tax year 2024 (allowances)
- Revenue Department — Thailand tax overview (CIT, SME rates, withholding)
- BOI — Tax essentials for LTR visa holders
- US SSA — Social Security Programs Throughout the World: Asia and the Pacific, 2018 — Thailand
- IMF — Representative exchange rates, January 2026
- BOI — Royal Decree issued under the Revenue Code No. 743 (B.E. 2565), English translation
Data checked: 2026-11-08. An indicative calculation for a typical case. Not tax advice.