IBC泰國法律金融會計事務所International Business Consultancy

Thailand Offers Tax Breakers for Investment Token Issuers

泰國為投資代幣發行人提供稅收優惠

On 7 March 2023, Thailand’s cabinet agreed to waive corporate income tax and value-added tax for companies issuing digital tokens for investment, to facilitate fund-raising by listed and non-listed entities. In addition, the policy is applicable in both primary and secondary markets for companies and registered entities issuing initial coin offerings.

泰國內閣於2023年3月7日同意數位代幣銷售用於投資的公司免除企業所得稅及增值稅，促進上市及非上市公司融資。此外，這項政策適用於在初級市場及二級市場發行首次代幣發行的公司。

What is digital investment token?

什麼是數位投資代幣?

Digital investment tokens are digital token that defines a person's right to participate in any project or venture, where investment token holders will receive returns in the form of profit sharing and revenue sharing.

數位投資代幣是一種數位代幣，定義一個人參與任何項目或風險投資的權利，投資代幣持有者將以利潤分享和收入分享的形式獲得回報。

Beneficiary

受益人

1. Companies or juristic partnerships that issue and offer digital tokens for public investment (in the primary market).

為公共投資(在初級市場)發行和提供數位代幣的公司或法人合夥企業。

2. Individuals and companies or juristic partnerships that sell digital tokens for investment (in the secondary market).

出售數字代幣進行投資(在二級市場)的個人和公司或法人合夥企業。

The deputy government spokesman, Rachada Dhnadirek, said that companies will be able to access alternative ways of raising capital through investment tokens, in addition to tradition methods like debentures. Thai government estimates that there will be 128 billion baht ($3.71 billion) worth of investment token offerings over the next two years, and it is estimated that Thai government would lose tax revenue worth 35 billion baht ($1 million).

政府副發言人 Rachada Dhnadirek 表示，除債券等傳統方法外，公司還能通過投資代幣獲得其他籌集資金的方式。泰國政府估計未來兩年將有價值 1280 億泰銖(37.1 億美元)的投資代幣發行，估計泰國政府將損失價值 350 億泰銖(100 萬美元)的稅收。

After Thai Securities Exchange Commission began regulating digital assets, cryptocurrencies have gained popularity in Thailand in recent years. On 8 March 2022, Thailand’s cabinet relaxed tax rules in crypto trading to promote industry development, and the rules allowed traders to offset annual losses against gains for taxes due on cyptocurrency investments, and exempted value-added-tax of 7% for cryptocurrency trading on authorized exchanges. Being effective from April 2022 to December 2023, the tax exemption would also cover trading of retail central bank digital currency to be issued central bank.

泰國證券交易委員會開始監管數位資產後，加密貨幣近年來開始在泰國流行。泰國內閣為促進產業發展，放寬加密貨幣交易的稅收規定，在2022年3月8 日規定允許交易者將每年的損失折抵對加密貨幣投資應繳稅款的收益，並免除加密貨幣交易在授權交易所7%的增值稅。生效期間從2022年4月到2023年12 月，免稅政策還包含央行發行的央​​行數位貨幣的交易的零售。

However, in September 2022, Thailand's financial regulator banned crypto companies from offering staking and lending services, established stricter crypto advertising rules, and has more recently issued regulations for crypto custody. Its central bank has also been involved in international projects to test central bank digital currencies.

然而，泰國金融監管機構在2022年9月禁止加密貨幣公司提供質押和借貸服務，並製定更嚴格的加密貨幣廣告規則，最近還發布加密貨幣託管法規。其中央銀行還參與測試中央銀行數位貨幣的國際項目。

IBC International Consultancy is a Law, Finance, and Accounting firm located in Bangkok, Thailand. With Experienced lawyers, accountants, and financial advisers, we provided services including investment, tax, and legal consultants in Thailand. Should you have any questions, please do not hesitate to contact us via Line: @ibcfirm for further information.

IBC泰國法律金融會計事務所 (International Business Consultancy) 為一間位於曼谷的泰國法律金融會計事務所，由經驗豐富的律師、會計師、及財務顧問組成，可提供泰國投資、泰國稅收及泰國法律諮詢等服務。如果有什麼問題，可以隨時通過Line: @ibcfirm與我們聯繫。