Application for Thai Individual Tax Number

CRS requires disclosure of personal wealth. Faced with the global taxation storm, we have customized the solution plan for you. 

The essence of the CRS is to mutually and periodically disclose the property of national citizens of each other among 104 countries signing the CRS to improve the tax transparency and crack down on the cross-border tax evasion or what we call as “global taxation.” In CRS countries, your personal assets and taxpayment information will be disclosed to ensure property transparency, compliance and legitimacy. 

Scan the QR code on What’s App or Line to apply for your Thai Individual Tax Number right now and receive a customized asset immigration plan for you. 

Apply for the Thai Tax Number to Hide Your Fortune

With Thai individual tax identification number, you will:

01. Prevent your assets form CRS, and have them remain low-profile.  

02. Being transferred to the identity of tax residents. 

03. Enjoying identity privileges. More convenient to open accounts globally. Free allocation of your assets. 

Why is it urgent to open a Thai tax identification number?

Under the global CRS tax mechanism, personal assets are transparent. For family businesses, besides the risk of capital loss caused by tax compensation, the risk of family privacy exposure also needs to be highly paid attention to. Furthermore, you need to be beware of the potential risk of criminal responsibility.

CRS has completely rewritten the rules of wealth game. To ensure the safety of funds, high net worth individuals should start with wealth risk management and tax risk prevention as soon as possible. Policies will not be loosened by the time of implementation. Only prevention in advance can protect your wealth.

making it more convenient to open accounts globally

Individual tax identification number in Thailand is the best instrument for you to open accounts globally.

Long term visa, proof of address, phone number, tax number, all of which combined can give you more complete information to fill in the new account application form in financial institutions. Your residence intention and individual tax identification number can make it more reasonable. Financial institutions around the world are now requiring clients to submit proof of address and fill in individual tax identification number to identify the tax location for information feedback. If you cannot provide the address and individual tax identification number of foreign countries, your application for opening an account will be rejected.

MDR can tailor a CRS response plan for you

Apply for an individual tax identification number and open accounts in Thailand. Double insurance. Legal and reasonable circumvention

Why us?

CRS storm causes a panic

Who are the victims?

People affected by CRS must start to consider wealth planning and risk prevention

CRS is targeted at tax residents rather than people’s nationality. If you just immigrate to non-CRS countries, it cannot change your tax resident identity, meaning that you cannot avoid the CRS investigation. 

Therefore, “CRS + new individual tax law” makes it impossible for people who want to hide their fortune by buying a foreign passport or opening an offshore company. 

Assets Hedge Plan

Real estate property is not included into CRS disclosure

  Non-financial assets are not included into CRS disclosure. Real estates in Thailand have become havens for investors.    

Asset types—taxation targets of the CRS：Bank deposits, bank, insurance, insurance policy, LP investment amount, fund, family fortune, trust, overseas business, enterprise

The trend for countries to join CRS is a general trend, but non-financial assets held in the name of individuals (overseas property, physical assets such as yachts, art, jewelry and cash, as well as term life insurance and critical illness insurance) are not covered by the declaration and disclosure. CRS has changed the investment preferences of high net worth individuals who prefer non-financial assets to financial assets.

  Real estate investment in Thailand is an excellent choice of asset preservation. MDR can protect your assets.   

Thailand enjoys a good momentum in its economic and social development. Among overseas investments, real estate investment in Thailand has become the top preference of high net worth individuals regarding assets allocation. MDR can provide support and help for you to purchase real estate in Thailand. The most important step of overseas purchase is the transfer of real estate. MDR has experienced real estate lawyers to assist in the review of necessary documents. Then can accompany clients to sign the contract, check the contract terms, keep you away from being cheated by those words in the contracts. 

Introduction of Plan Details

You can choose one service or multiple according to your own situations. 

Advantages of Thai Real Estate Ownership Transfer : Real estate acquired through legal formalities are protected by law.  Guarantee the buyer to acquire three most important real estate property certificates after ownership transfer.  Sales contract, land title, and property ownership certificate.   Advantages of MDR：    Investigate into compliance and qualifications of the land and housing to avoid ownership transfer traps;    Assist clients in preparing ownership transfer documents, drafting the housing purchase contract and safeguarding clients’ legal rights and interests in terms of detail;    MDR real estate lawyers will accompany clients to handle the complex set of real estate ownership transfer procedures, and supervise the real estate developer and agency as the third party to prevent clients from falling into the developer’s traps.