Thailand

Our company in Thailand operates from Bangkok, Thailand.

Thailand’s central location in Asia has allowed it to be a melting pot of cultures from all over the world. However, most organisations venturing into Thailand face roadblocks that often make the processes we take for granted elsewhere a challenge here. Basic necessities like employment of a foreigner, administering of payroll, paying taxes are not that straightforward.

The Innovare Group provides a full contract management model in Thailand specific to your requirements operating in multiple industries. We usually refer to this model as the Employee of Record (EOR) model. Some of the characteristics are elaborated below.

We are able to assist whether you or your consultant is an expatriate or local in Thailand.

We have a team of payroll, immigration and compliance specialists ready to provide professional advice in terms of contracting.

How Innovare Thailand can assist:

Immigration Services
Payroll Administration
Tax and Social Security Management
Other Employer Costs and Insurance
Statutory Benefits

Back to Our Reach

OUR REACH » THAILAND » IMMIGRATION SERVICES

Immigration Services

Immigration laws in most countries in Asia Pac often hold a local entity responsible for the entry, wellbeing, good behaviour and eventual exit of the individual. This also ensures that local immigration and employment laws are adhered to. This host company will be the technical employer of the individual.

We assist with the sponsorship of the work visa. Please speak to your Innovare sales contact person who will determine the appropriate visa for you or your consultant.

OUR REACH » THAILAND » PAYROLL ADMINISTRATION

Payroll Administration

Our Thailand company will administer the payroll for locals as well as for sponsored expatriates.

OUR REACH » THAILAND » TAX & SOCIAL SECURITY MANAGEMENT

Tax & Social Security Management

All income derived from work performed in Thailand is subject to tax payment, regardless of payment location based on the reported monthly payroll. We shall deduct the respective tax amount each month accordingly and subsequently paid monthly to the Thailand Tax Office.

Thailand wages attract a minimal employer social security premium of USD25 per month.
Employee premium contribution is around USD25 as well.

OUR REACH » THAILAND » Other Employer Costs and Insurance

Other Employer Costs and Insurance

Innovare’s insurance policy in Thailand (subject to terms and conditions) includes Professional indemnity insurance and Public liability insurance and is inclusive in our management fee. Workman compensation insurance is inclusive in the Social Security.

Needless to say, all Employee of Record consultants are required to have adequate medical insurance to cover them throughout the entire contract. While medical insurance covers for locals and expatriates, medical insurance is a must for expatriates working in Thailand.

OUR REACH » THAILAND » STATUTORY BENEFITS

Statutory Benefits

At the point of initial discussions, your Innovare sales contact will provide you with a list of statutory benefits which the agency or the end client must provide in compliance to the Thailand labour regulations.

OUR REACH » THAILAND » CONTACT US

Contact Us

Should you need assistance in Asia Pacific, we would be pleased to hear from you.
Contact us for a discussion and a quick quote.

OUR REACH » THAILAND » TRAVEL & QUARANTINE REQUIREMENTS

Thailand Travel & Quarantine Requirements

Please check the link below for updated information:

Latest Thailand Travel & Quarantine Requirements

Disclaimer: Due to COVID-19, there has been a constant change in terms of work permit process, timeline, travel restrictions, quarantine period, medical tests as well as insurance requirements etc. All these requirements can change by the respective authorities in both country of work and candidate’s home country from time to time. The process, timeline and costs that Innovare provides is a guideline and is subject to change if any process is being changed. While every reasonable effort has been made to ensure its accuracy at the time of communication, Innovare cannot guarantee nor be liable for such change in timeline or costs arising from any pandemic related factors so please take note of the potentially volatile situation during this period.