30 April 2021
From September 2021, Thailand has confirmed it will introduce VAT at 7% on sales of electronic services by non-resident providers to consumers in the country.
At present, foreign businesses providing digital services in Thailand do not have to charge VAT on their sales. However, to remove the unfair advantage this gives to non-resident companies over Thai resident providers, the Thai government will implement VAT at 7% on these types of transactions.
This will apply to a range of electronic services including streaming games, music, apps, films, e-books, e-journals, and internet services.
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