Thailand has many opportunities for companies looking to expand, with a population of more than 69 million people and industries including automobile, finance and tourism on the rise. Payroll and labor requirements are changing each year, so it is important to stay ahead of new updates to maintain compliance.

Companies must be registered with the Ministry of Commerce, the Department of Business Development, Social Security, and Workmen’s Compensation Fund. Companies must also obtain a tax ID from the Revenue Department before beginning operations. Some payroll and labor considerations include:

  • Minimum wages range from THB 300-325 based on the location
  • Collective Bargaining Agreements can be created at the industry or company level
  • New employees should be registered with the Provident Fund and the Social Security fund
  • Income tax and social security are withheld from employee pay
  • In accordance with the laws of Thailand, an employee is entitled to annual sick leave of up to 30 paid working days per year. If the employee is out for 3 or more consecutive days, the employer has the right to request a medical certificate. If the employee was injured or became ill at work, the days out cannot be deemed sick leave
  • Foreign workers must apply for a non-immigrant visa as well as a work permit

Blue Marble has created payroll technology to easily manage your employees in Thailand. Our cloud-based technology with customized reporting gives you real-time access to your payroll across all countries and currencies. You have a US-based service team and direct access to in-country experts when questions come up to ensure compliance with local payroll regulations. To get started in Thailand, or to improve current operations, click here