If you are an international business, more than likely you are conducting businesses within the SE Asia region through a system of distributors inside the various nations in the area, and the establishment of a Headquarters company in the area not only makes company sense, it is often a should to handle the development of the company in the region,you really should see this really good post I have found out about Managing Your Own Little Businesses in Thailand.
Whilst the tax laws of Hong Kong, which just matter income arising in Hong Kong to taxation in Hong Kong, offered a natural advantage for a regional headquarters company to be situated in Hong Kong, Singapore saw the benefits and poised away to capture the regional headquarters market, and successfully lured many international companies to its shores. Malaysia then attracted a share of the market, accompanied by Thailand. By and big, the selection of jurisdiction for the location of the SE Asian Headquarters business is dictated by a jurisdiction's ecological characteristics that help to ensure success for the SE Asian business businesses. And in an effort to attract more internationals to Thailand, the Thai National has (effective mid-November 2010) re-vamped the tax concessions under the Thai regional headquarters government, and has put Thailand at the forefront of the tax bonus offerings by Hong Kong, Singapore and Malaysia. Thailand In August 2002, in an effort to persuade the international companies away from Hong Kong, Singapore and Malaysia, the Thai Government introduced a Regional Operating Headquarters model (now known as ROH Model 1),you must read this good information I've read about Running Your Own Little Businesses in Thailand.
But the tax incentives granted under the ROH 1 government weren't sufficient to entice internationals to Thailand, and from mid November 2010, the Thailand National now provides an enhanced ROH government (known as ROH Model 2), which offers the following taxation concessions: 0% corporate income tax on headquarters services income received from connected companies and divisions outside Thailand for 10+5 years; 10% business income taxation on headquarters providers income received from connected companies and branches inside Thailand for 10+5 years; 0% business income tax on dividends received from connected companies and branches outside Thailand; 0% withholding taxation on dividends paid from the headquarters income to shareholders in international countries; 15% private income tax on salaries paid to expatriate employees for hire of labor work in Thailand for 8 years; and 0% private income tax on salaries paid to expatriate employees for hire of labor work outside Thailand.
Whilst the tax laws of Hong Kong, which just matter income arising in Hong Kong to taxation in Hong Kong, offered a natural advantage for a regional headquarters company to be situated in Hong Kong, Singapore saw the benefits and poised away to capture the regional headquarters market, and successfully lured many international companies to its shores. Malaysia then attracted a share of the market, accompanied by Thailand.
By and big, the selection of jurisdiction for the location of the SE Asian Headquarters business is dictated by a jurisdiction's ecological characteristics that help to ensure success for the SE Asian business businesses.
And in an effort to attract more internationals to Thailand, the Thai National has (effective mid-November 2010) re-vamped the tax concessions under the Thai regional headquarters government, and has put Thailand at the forefront of the tax bonus offerings by Hong Kong, Singapore and Malaysia.
Thailand
In August 2002, in an effort to persuade the international companies away from Hong Kong, Singapore and Malaysia, the Thai Government introduced a Regional Operating Headquarters model (now known as ROH Model 1),you must read this good information I've read about Running Your Own Little Businesses in Thailand.
But the tax incentives granted under the ROH 1 government weren't sufficient to entice internationals to Thailand, and from mid November 2010, the Thailand National now provides an enhanced ROH government (known as ROH Model 2), which offers the following taxation concessions:
0% corporate income tax on headquarters services income received from connected companies and divisions outside Thailand for 10+5 years;
10% business income taxation on headquarters providers income received from connected companies and branches inside Thailand for 10+5 years;
0% business income tax on dividends received from connected companies and branches outside Thailand;
0% withholding taxation on dividends paid from the headquarters income to shareholders in international countries;
15% private income tax on salaries paid to expatriate employees for hire of labor work in Thailand for 8 years; and
0% private income tax on salaries paid to expatriate employees for hire of labor work outside Thailand.