Tax & Legal News Flash | Issue 39
Effective from 21 April 2018, government fees for corporate registration and other corporate matters have been substantially reduced as announced under the Ministerial Regulation Prescribing Rates, Decreasing and Waiving of Fees for Registration, Inspection of Documents, Certified Copies of Documents and Other Fees in Relation to Partnerships and Limited Companies, B.E. 2561 (2018) (“Ministerial Regulation”).
According to the Ministerial Regulation, corporate registration fees for several registration matters of a limited company have been changed to flat rates. Among others, the significant fee reductions include:
In addition, in case of e-Registration applications, the registration fees will be further reduced by 30 percent from normal rates which is effective until 31 December 2020, except for a partnership or a company which has been granted a reduction under other ministerial regulation.
We welcome any opportunity to discuss the relevance of the above matter upon request.
KPMG in Thailand’s Legal Services Team offers a wide range of practical legal solutions. For more information, please visit Legal Services.
© 2019 KPMG Phoomchai Tax Ltd., a Thailand limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.