Corporate tax, FATF status, sanctions exposure, data-protection law and arbitration enforceability for Thailand — the facts a founder or counsel checks before incorporating or signing cross-border. Last reviewed 2026-06-10.
The headline corporate income tax rate in Thailand is 20%. Free zones, small-business reliefs and participation exemptions can change the effective rate — treat this as the starting point.
Thailand is FATF-compliant and not on the grey list, which generally means smoother bank onboarding.
Thailand is not subject to broad sectoral sanctions programs in our dataset.
The applicable data-protection statute is PDPA (in force since 2022). If you process EU/UK personal data you also need a valid transfer mechanism into Thailand.
Thailand is a party to the 1958 New York Convention, so a foreign arbitral award can generally be enforced by local courts — the single most important box to tick before agreeing to arbitration with a counterparty here.
Thailand is not a party to the 1961 Hague Apostille Convention. Documents issued here for use abroad (and foreign documents used here) require full consular legalisation — a slower, multi-step, costlier process. Budget extra time for any cross-border filing.
100% foreign ownership is restricted in Thailand — a local partner or specific structure is typically required. Price this into the setup.
Thailand does not mandate a resident local director.
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