When to Register for VAT

VAT Registration Requirements

By law, must register for VAT when:

• Annual revenue exceeds 1.8 million THB
• Or voluntary registration

Benefits of VAT Registration

• Can claim input VAT refunds
• Looks more credible to customers
• Can issue tax invoices

Drawbacks of VAT Registration

• Must file PP.30 monthly
• Must maintain proper accounting
• Penalties for late filing

VAT Registration Steps

1. Prepare documents
2. Submit PP.01 form at Revenue Department
3. Wait for site inspection (some cases)
4. Receive VAT registration certificate