The E-invoicing Revolution is Here. Are You Ready?

Thailand e-invoicing is a viable alternative for business

In Thailand, the clearance approach to e-invoicing is applied. Tax administrations require each invoice to be authorized electronically by them before or during the exchange process.

Since e-tax invoicing involves complex technical and legal steps for businesses, the government has stepped in to eliminate this complexity. The Electronic Transactions Development Agency has initiated a certification (“ETDA”) process for e-service providers to assess their security and compliance. 

As a result, Comarch has been officially certified as a data delivery service provider of electronic tax invoicing and receipt (Service Provider Certified).

Thai legal compliance is vital

Entrepreneurs who would like to apply e-tax invoice/receipts need approval as VAT registrants. Applicants must comply with the regulation stipulated by the Directive of the Director-General of the Revenue Department No.15 B.E 2562 (2019). Apart from invoices, there are other document to exchange with tax authority, to which these laws also apply. They include:

• Tax invoice: Revenue Code No. 86/4
• Tax invoice (abbreviation): Revenue Code No. 86/6
• Debit notes: Revenue Code No. 86/9
• Credit notes: Revenue Code No. 86/10
• Receipt: Royal Decree No. 105 Tavi

E-tax invoices and receipts must contain digital signatures with certificated authority or a time stamp.