Do You Know What to Do Next after Getting Your Thai Work Permit?
No? Wait, hold on! Don’t freak out already. Though finding a work in Thailand isn’t difficult; the bureaucratic policies that follow can give you some nerve-wracking experience. So, let’s take things at a time. While work permit can be arranged without much stress, the next big thing that you take up is getting tax ID in Thailand. As you know already that income in Thailand is subject to tax. Also, taxation varies between the resident and the non-resident citizens. Someone who is living in Thailand for more than 180 days in a tax year will be considered as a Thai resident.
Usually, the residents pay tax on remuneration coming from sources outside and inside of the country. Typically, the non-residents pay tax only on the income generating in Thailand. As for the percentage, the income tax ranges between 5 to 37% based on the income. In Thailand, everyone must have a tax ID card and that must be obtained within sixty days after receiving the first salary or income.
You will need a tax ID card to pay tax on the income. The application for the same should be done at the Revenue Department. The thirteen-digit ID number that you receive, will be required frequently when staying in Thailand. To apply for that you will need the below-mentioned documents;
• Work permit application forms
• A doctor’s certificate confirming your good health
• Your passport along with photocopies of its title page, entrance stamp, entry card and current non-immigrant visa page
• A copy of your company’s bank book, stating two million baht of paid-up capital
• Your company’s documentation
• Two color photos (4 cm x 5 cm)
Well, getting a Thai ID is quite easy as it can be done in just a single day. Once you obtain it, you can pay your income tax and become an upstanding member in Thailand.