Thailand e-invoicing e-Tax and Invoice Receipt update

New incentives to adopt E-Tax System

Thailand’s Revenue Authority has approved a number of incentives for taxpayers to fully adopt the E-Tax System, which provides for digital reporting of invoices and withholding tax payments. Incentives include:

• Additional deduction allowances for costs reporting in the system
• Lowered withholding tax rates when transactions are reporting on E-Tax

Compulsory reporting to government if e-invoices adopted

Thailand now requires taxpayers to submit electronic invoices to the government. The use of e-invoices is not compulsory; but since 2017 when adopted by any taxpayer, they must be submitted with the e-Tax and Invoice Receipt regime. Invoices are submitted in batch format by the 15^th of the month following their issuance.

Our international live VAT invoice transaction and e-invoice tracker on real-time transaction-based tax reporting lists all the countries imposing transaction-based reporting.

Digital signature requirements

Prior to submission to the authorities, taxpayers must mark their invoices with a unique digital signature and number. This includes two digital signatures created by the prescribed means and supported by a certificate and the signatory’s certificate number

This is done with special hardware issued to the taxpayer, or a USB token.

Invoices may be in XML format. It also includes the requirements to report debit notes, credit notes and receipts.

How to submit Thai e-invoices

Invoices are submitted in batch mode. They are due by the 15^th of the month to the Electronic Transactions Development Agency (ETDA) following their issuance. They are submitted in any of the following ways:

1. For small taxpayers, via email in PDF format (separate ‘e-Tax Invoice by email’ regime). This is only available to businesses with a turnover below THB 30million. It also excludes the requirement to submit receipts.
2. Web portal upload of XML file
3. Via appointed e-invoicing agent since 2020
4. Direct to the tax office with electronic link between ERP and ETDA

Asia Pacific e-invoicing