Purchasing Shares for Investment

[Aldebaran1981]

Dear All,

How do I go about purchasing shares on the SET for investment purpose?

Will the dividends be taxed as well as my fixed deposits interests?

[David48]

Assuming that you are neiher a Thai resident nor national ... a 10% non-resident tax applies.

[Aldebaran1981]

means if bought under thai national, there won't be any tax?

[wordchild]

There is (in general with some exceptions) a 10% withholding tax on Thai dividends , for a Thai tax payer this can be declared and made use of if there is a benefit. However it does not have to be declared (in thailand) and no further tax (other than the 10%) is payable (in Thailand).

Edited May 27, 2014 by wordchild

[fletchsmile]

Probably best to see where you fit on here:

http://www.set.or.th/en/regulations/tax/tax_p1.html

Cheers

Fletch

[weescotsguy66]

Remember as a foreigner you must buy ****-F shares to be elible for shares dividends.

[wordchild]

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Remember as a foreigner you must buy ****-F shares to be elible for shares dividends.

or you can buy local shares and have the broker register them as NVDR.

[stockinvestor]

If you purchase shares online you can choose to buy NVDR-shares which will automatically be registered to receive dividends.

[THAIPHUKET]

NVDR ??? please

[stockinvestor]

Here is the official explanation about NVDR-shares:

http://www.set.or.th/nvdr/en/about/whatis.html