{"id":204,"date":"2026-02-24T09:19:43","date_gmt":"2026-02-24T09:19:43","guid":{"rendered":"https:\/\/lamouraccounting.co.th\/?p=204"},"modified":"2026-02-24T15:09:46","modified_gmt":"2026-02-24T15:09:46","slug":"vat-registration-for-sme","status":"publish","type":"post","link":"https:\/\/lamouraccounting.co.th\/en\/vat-registration-for-sme\/","title":{"rendered":"Income over 1.8 million, must I register VAT? Things SMEs need to know before being fined"},"content":{"rendered":"

Income over 1.8 million, must I register VAT? Things SMEs need to know before being fined<\/h1>\n

As your business grows and sales skyrocket, one thing entrepreneurs can't overlook is Value Added Tax (VAT 7%). Many have the misconception that \"you don't need to register, the tax authorities won't know.\" But in today's interconnected tax system, evasion can lead to penalties far more expensive than the lost profits! Today, Lamour Accounting will summarize who needs to register for VAT and what needs to be done after registration.<\/p>\n

It's legal! Anyone earning over 1.8 million baht must register for Value Added Tax (VAT).<\/h2>\n

According to the Revenue Department's regulations, it is clearly stated that whether you conduct your business as an individual or a legal entity, if your business generates income from the sale of goods or services exceeding 1.8 million baht per year, you are required to apply for Value Added Tax (VAT) registration (Form P.P.01) within 30 days of the date your income exceeds that amount.<\/p>\n

Important responsibilities that arise when you are a VAT-registered business.<\/h2>\n

Once you enter the Value Added Tax (VAT) system, you will have the status of a \"registered business operator,\" which entails additional legal obligations as follows:<\/p>\n