Leave Thailand for Cyprus, at the right time.
A Cyprus company pays 15% and, with non-dom status, you pay no tax on dividends. Thailand charges nothing to leave. Timing is what counts. Move your tax residency to Cyprus before you sell, and the tax treaty usually keeps the sale out of Thai tax.
- Fixed prices
- Eligibility checked before you pay
- One team for the Cyprus side
What you keep, compared.
Thailand takes 20% of company profit, then 10% of the dividend. Move the slider to your own profit.
- Corporate tax
- −€40,000
- Tax on dividends
- −€16,000
- You keep
- €144,000
- Corporate tax
- −€30,000
- Health contribution (GeSY)
- −€4,505
- You keep
- €165,495
More in your pocket+€21,495every year
More in your pocket +€21,495 every year
Thailand: 20% corporate income tax on net profit, then the 10% final tax a resident can choose on dividends, together 28%. A company with paid-up capital under 5 million baht pays 15% on profit from 300,000 to 3,000,000 baht.
Headline rates for a founder who takes the profit out as dividends and has become Cyprus tax resident with non-dom status. Your own figures will differ. This is an illustration, not tax advice.
What to settle before you go.
Leaving Thailand costs nothing. The traps are in the money you bring in, the company you keep and when you sell. Check these with a Thai tax adviser.
No exit tax, no foreign company rules
Thailand has no exit tax, no departure paperwork and no rules that tax a foreign company's profit at home. You stop being resident by spending fewer than 180 days there in a calendar year. A Cyprus company's profit is untouched until you bring it in.Foreign income is taxed when you bring it in
Since 2024, a resident's foreign income is taxed in whatever year you bring it into Thailand, at up to 35%. The reported relaxation of this rule was never enacted. Income earned before 2024 stays outside the rule, so keep the records that prove when it was earned.Keeping the Thai company costs you
Once you're not resident, you lose the tax credit on Thai dividends and the 10% final-tax option. Dividends then bear 10% withholding with nothing back, and the treaty doesn't lower it. The saving comes only if the business moves too.Don't run the Cyprus company from Bangkok
A Cyprus company run from Bangkok doesn't become Thai. But if it receives income in Thailand through you, Thailand treats it as doing business there, and you personally must file and pay its tax. Run it from Cyprus and sell abroad.Short deadlines when you close
Profits a Thai company sends abroad pay 10%, due within 7 days. If you close the company, the liquidator must notify the tax office within 15 days of registering the dissolution, or pay a penalty equal to the tax due.Thailand has an inheritance tax
Heirs pay 10% on what they receive above 100 million baht from each person, or 5% if they are a parent, child or other direct relative. Thai nationals are taxed on worldwide assets. Spouses are exempt, and Cyprus has no inheritance tax.
Where Cyprus pays off.
One flat rate, dividends free of tax for 17 years with non-dom status, and the tax treaty for the day you sell.
- Corporate tax
- 15%
- One flat rate, with no local surcharges.
- Tax on dividends
- 0%
- As a non-dom, for up to 17 years.
- Days a year for tax residency
- 60
- Under the 60-day rule, with a home and a business here.
- Wealth or inheritance tax
- 0
- Cyprus has neither.
- As a Thai national you need the Pink Slip, the temporary residence permit for non-EU citizens, which is separate from tax residency. We check which route fits you and file it with you, and bring in a lawyer for complex cases.
- Since 2026 the 60-day rule no longer asks you to be non-resident elsewhere, so it works before you drop below Thailand's 180 days.
- The tax treaty taxes a share sale only where you live, unless the company mostly owns Thai land or buildings. Sell as a Cyprus resident and Thailand can't tax it.
- A Thai seller ships into the EU as an outsider. A Cyprus company sells from inside, with a VAT number buyers can check and one return for EU consumer sales.
The move, in order.
Your day count decides the dates. The order stays the same.
- First
Count your days
Work out which calendar year you can end with fewer than 180 days in Thailand. Have a Thai tax adviser review your situation, especially if a sale is in view. We can recommend one if you need it.
- Alongside
Prove when your money was earned
Gather the records that separate foreign income earned before 2024 from later income. The older money stays outside the rule for good, and the proof can't be rebuilt later.
- Month 1We do this
Form the Cyprus company
We register it for tax, VAT and VIES, and your books open the day you order. You become a director, which counts towards the 60-day rule.
- Month 1 to 3We do this
Apply for your Pink Slip
As a Thai national you need the Pink Slip to live in Cyprus. We check which route fits you, prepare the application and file it with you, and bring in a lawyer for complex cases.
- Month 1 to 3
Run the company from Cyprus
Stop taking the company's decisions in Thailand. Take them in Cyprus and record them here. A company run from Cyprus that sells abroad isn't treated as doing business in Thailand.
- Month 3 to 6
A home, and the Thai company
Rent or buy the home the 60-day rule needs. With your Thai adviser, decide whether to keep or close the Thai company, and budget for the 10% charge on profits sent abroad.
- From month 12We do this
Tax residency, then any sale
We register your Cyprus tax residency and non-dom status. Only then is a sale considered, with your Thai adviser back in before it happens.
The Cyprus side, done for you.
Fixed prices, excl. VAT, agreed before you start. Government fees are charged at cost, on top of our fee, once your application is approved.
Your Cyprus company
Registered for tax, and for VAT and VIES when it needs them. Approval guaranteed, and books open the day you order.€950one-offPink Slip
Your residence permit as a non-EU citizen, filed with you.€600per personTax residency and non-dom
Registered as Cyprus tax resident, with non-dom status for 0% tax on dividends.€750per personBookkeeping and filings
Sumly keeps your books and prepares every Cyprus return.From€39a month
What Thai founders want to know.
Still unsure? Talk to a person on WhatsApp, or book a free call below.
Plan your move with us.
Tell us what you own and when you'd like to move. We'll tell you what applies, what it costs, and what to do first.
- Which rules at home affect you
- The order to do things in
- A fixed price for the Cyprus side
30 minutes, by video, free
Moving from somewhere else?
Your move, one partner.
We form your company, apply for your residency with you and keep your books.