Thai Social Security
Companies are required to register new employees onto social security within 30 days of hiring them. Social security is not only a requirement for Thai staff but also for foreigners employees legally with a work permit. It is the responsibility of the company to make social security payments on behalf of their employees by deducting 5% of total salary capped at 1500 baht per month. The company must also pay 50% of this total themselves
Thai Social Security Calculations
5% of ฿12000 = ฿600 paid by the company and ฿600 paid by employee
5% of ฿20,000 (taken from cap of ฿15,000) = ฿750 paid by company and ฿750 paid by employee
Free Consultation
Our Thai Social Security Services
- ARegister your company with social security
- APrepare social security registration for employees
- ASubmit monthly social security as part of accounting package
- ARegister and deregister employees from social security
What does Thai Social Security provide?
Injury and sickness benefits:
Outpatient and inpatient
Compensation benefits during sickness
Disability Benefits
Maternity Benefits:
Total 90 days benefit
At least 45 days after giving birth
Death Payouts:
Payouts to family members at death
Support for funeral payments
Retirement Benefits:
Pension benefits or lump sum payouts
Survivor benefits for relatives of deceased
Child Benefits
Child allowances
Educational support
Child healthcare
Unemployment Benefits
Benefits for jobseekers
Support for those out of work
Want to know more about Thai Social Security?
Accounting Services and Tax
Bookkeeping
Monthly account keeping and filing. Tracking invoices, payments, receipts, payroll.
Monthly Tax Submission
Preparing and filing VAT (PP30) PND 90/91 PND 53 PND1 and other related taxes.
Annual Report
Auditing and submission of financial statement to the Ministry of Commerce (SorBorChor. 3)
Vat Registration
Business Value added Tax registration and processing.
Corporate Tax (CIT)
Mid-year corporate income tax (PND. 51) and year-end corporate income tax (PND 50) preparation and filing.
Tax ID
Application Tax ID number for business and personal.
PErsonal Income Tax (PIT)
Preparing and submit annual employee withholding tax (PND. 1 Kor) PND3 PND53
Social Security
Register company and staff to social security office. Monthly payment processing.
Advisory
Providing advice on accounting-tax in Thailand.