Thailand Country Resources
About Thailand
Thailand, located in the heart of Southeast Asia, serves as a strategic gateway to the region’s dynamic markets. The country boasts a diverse economy with key sectors including tourism, manufacturing, agriculture, and an emerging digital economy. The government continues to implement policies aimed at enhancing the financial sector and digital infrastructure, positioning Thailand as a growing regional hub for innovation and investment.
Thailand: Country Resources
Currency
Thai Baht (THB)
Capital:
Bangkok
Language:
Thai
Ease of doing Business
Moderate
Population Size
71.6M
VAT
7% Standard Rate
Go global in Thailand
Our multinational clients trust us to take care of international payments and compliance for employees, contractors and freelancers working in Thailand.
You can use our Employer of Record (EoR) service to employ your team via our legal entity – onboarding your Top Talent quickly and with ease.
Experience our world class service – for your business and your team.
We are currently updating our website with our expert local knowledge, please contact us for more info.
FAQ's
Thailand observes several public holidays, including New Year’s Day (January 1), Songkran Festival (April 13 – 15), and the King’s Birthday (July 28). There are also various Buddhist and cultural holidays celebrated nationwide.
Salary and compensation are governed by the Labour Protection Act, which sets minimum wage rates, overtime rules, and statutory benefits. Employers must ensure timely and accurate wage payments in compliance with local regulations.
Employees are entitled to the following leave types:
- Annual Leave: At least 6 working days per year after one year of service
- Sick Leave: Unlimited days with pay; a medical certificate is required if absent for 3 consecutive days or more
- Maternity Leave: 98 days, with 45 days paid by the employer
- Personal Leave: At least 3 days per year, per statutory guidelines
Termination can be due to redundancy, misconduct, or mutual agreement. Employers are generally required to give advance notice or payment in lieu, and severance pay is mandated based on length of service, except in cases of serious misconduct.
Mandatory insurance includes:
- Social Security Fund (SSF): Covers sickness, disability, death, maternity, unemployment, and pensions
- Workmen’s Compensation Fund (WCF): Provides compensation for work-related injuries or illnesses
