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On 31st October 2017 Royal Decree (No. 647) was released offering Thailand registered SMEs the opportunity for 200% corporate tax reduction for costs related to the purchasing or hiring of computer programs for the tax years 2017-2019.
Under this tax measure any valid Thai *SME company can deduct expenses two times for the following items:
1. Purchase computer programs
2. Renting computer programs
This covers the period from 1st January 2017 to 31st December 2019, not exceeding 100,000 Baht.
* SMEs refer to a company registered in Thailand with fixed assets under 200 million Baht and not more than 200 employees. Moreover, the company should also have a maximum of 5 million Baht in paid-up capital and gross sales not higher than 30 million Baht.