International Trade Centers (ITC) Thailand - Juslaws
PRACTICE AREAS
Company Registration

What is the International Trading Center (ITC)?


International Trade Center in Thailand is a company incorporated under Thai laws that purchases and sells goods, raw materials and parts or that provides international trading related services to juristic persons incorporated under foreign laws.

International trading related services include:

Procurement of goods
Warehousing and inventory services prior to delivery
Packaging services
Transportation of goods
Insurance on goods
Advisory, technical and training services on goods
Any other services stipulated by the Director General of the Revenue Department

What are the Incentives offered by the Board of Investment (BOI)?


International Trading Center receives the following incentives:

Permission to bring in skilled personnel and experts into the Kingdom to work in investment
promoted activities.
Permission to own land
Exemption of import duty on machinery
Exemption of import duty on raw materials and parts used in the production for export
Conditions to apply for privileges offered by the BOI
An ITC must have paid-up capital of at least THB10 million.
Any other services stipulated by the Director General of the Revenue Department

Incentives offered by Revenue Department


For 15 accounting periods from the date of approval, an ITC is entitled to corporate income tax exemptions on:

Income derived from the purchase and sales of goods overseas on the conditions that such goods must not be imported into Thailand (except for transit or transshipment)
Income derived from providing international trading related services to juristic persons incorporated under foreign laws on the condition that such income must be received from foreign country

Personal Income Tax

The personal income tax rate for the expatriates working in an IHQ is reduced to 15% on gross income and benefits derived from employment

Final Tax

Exemption for dividents paid by the ITC to a company or juristic partnership incorporated under foreign laws, and has no operation in Thailand.

SEND INQUIRY

Your Name

Your Phone Number

Your Email

Your Message

Security Code
CHRISTIAN MOSER

Partner

christian.moser@juslaws.com

+66 2254 4117

KORAVEE BURANAYOUGHKUL

Senior Associate

koravee@juslaws.com

+66 2254 4117

SUTHIDA TANPHETTHONGKUL

Associate

suthida@juslaws.com

+66 2254 4117