50,000 per month and that they go ahead and have their withholding tax withheld from their pay pursuant to Thai Law. it is basically withholding on payroll form here in the Kingdom and those who are working in the Kingdom that are foreigners have to have a work permit under a company here in Thailand and that basically, for lack of a better word in and of itself, requires that the individual be getting paid the statutorily required minimum, usually Bt. That is because this is a form for withholding of payroll. This is a form you are going to see come up quite frequently in the context of a foreigner doing business here in the Kingdom. However none of the accountants want to come and do a video with me so I am going to go ahead and just do a brief overview of this video in order to just kind of give an overview of what this form the PND 1 actually is.

We also have an accounting component, a separate division in our firm that deals with accounting matters. I deal with corporate matters pertaining to the US-Thai Treaty of Amity quite frequently and I am the Managing Director of a law firm.

To preface this video, I am an American attorney I am not a Thai attorney. As the title of this video suggests, we had discussing Thailand tax forms.

Pnd come see me download