Signs that are liable for the “Thailand sign tax” are any signs that illustrate the name, brand, trade name, trademark, or signs that are intended for commercial purposes. Sunbelt Asia’s legal team can meet with tax officials to determine the amount of taxes that your signs are likely to incur.
Signs that are exempted from the tax are signs that are displayed at recreation facilities (specifically those within the recreation area which are for that specific recreational event), signs that are used on product packages, signs that are only temporarily being displayed, signs that are displayed on human beings and/or animals, signs that are displayed in the indoor area of the business premises.
Sign taxes are calculated by the size of the sign, that is length multiplied by width using the basis of square centimeters.
The following are the rates of the sign tax per 500 Square centimeters
· 3 Baht for signs with Thai alphabet only
· 20 Baht for signs with mixture of Thai alphabet and foreign alphabet / pictures / other signage
· 40 Baht for signs without Thai alphabet or
with Thai alphabet, but located under the foreign alphabet
An example of the calculation for a sign that has a mixture of the Thai alphabet and foreign alphabet (a size of 400 square centimeters by 200 square centimeters) – would have a rate of 20 Baht per 500 square centimeters. 80,000 Square centimeters divided by 500 then multiply by 20 = 3,200 Thai Baht.
The Sign tax must be filed and submit at the local revenue office (using the form Phor Por 1). The Sunbelt Asia legal and accounting staff can assist you in handling this complex matter.
Prior approval of the Highway Department is required for any commercial signs being erected near any roads in Thailand. Sunbelt’s lawyers can liaise with the Thai government to get your signs approved quickly and without unnecessary trips to different agencies.
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