- Thailand has recently imposed a 7% VAT on all imports, including small orders under THB 1,500
- This change aims to level the playing field for local retailers against foreign sellers on e-commerce platforms
- The e-commerce sector in Thailand has experienced significant growth, driving demand for warehouse space
- Bonded and free-zone warehouses are expected to benefit from the VAT regulation change
- Developers are likely to allocate space for free-zone warehousing near key ports like Laem Chabang
- Thailand’s VAT change for cross-border e-commerce may lead to broader sector-wide regulation reform, similar to China’s actions in 2016.
Source: joneslanglasalle.com.cn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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