Contributor
Santana Saksudhayakom
Senior Advisor, Transfer Pricing
Discover the crypto tax benefits Thailand offers: 5 years of tax-free profits on cryptocurrency and digital token trading (2025–2029).
Crypto Tax Benefits Thailand: What You Need to Know
The Thai government is offering crypto tax benefits Thailand investors have long anticipated: a 5-year exemption from personal income tax on profits gained from cryptocurrency and digital token trading. This new regulation, effective from January 1, 2025, until December 31, 2029, aims to promote the digital economy and strengthen Thailand’s role as a crypto-friendly hub in Asia.
The Law Behind Thailand’s Crypto Tax Incentives
Under Ministerial Regulation No. 399 (B.E. 2568 / 2025), gains from cryptocurrency or digital token transfers are exempt from personal income tax if:
The transactions are conducted through licensed digital asset exchanges, brokers, or dealers.
The profits exceed the initial investment amount.
The income is earned during the period 2025–2029.
👉 Source: Pages – สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์
Cryptocurrency vs Digital Tokens – Understanding the Difference
Both cryptocurrencies and digital tokens fall under Thailand’s digital asset laws, but they are not the same. Recognizing the difference helps investors take full advantage of the crypto tax exemption in Thailand.
Cryptocurrency (คริปโตเคอเรนซี)
Designed to act as digital money and a medium of exchange.
Decentralized and not issued by any authority.
Runs on open blockchain networks like Bitcoin and Ethereum.
Highly volatile in value.
Examples:
Bitcoin (BTC): the world’s first and most recognized cryptocurrency.
Ethereum (ETH): enables smart contracts and decentralized apps.
Tether (USDT): a stablecoin pegged to the US dollar.
Digital Tokens (โทเคนดิจิทัล)
Issued by organizations and represent specific rights, assets, or services.
Useful for fundraising, granting access, or investment purposes.
Built on blockchain but limited to certain ecosystems.
Types:
Investment Token – similar to digital shares or bonds. Example: JFIN Coin.
Utility Token – provides access to products or services. Example: Bitkub Coin (KUB).
Comparison: Cryptocurrency vs Digital Tokens
| Aspect | Cryptocurrency | Digital Token |
|---|---|---|
| Purpose | Digital money for exchange | Represents rights, assets, or services |
| Control | Decentralized, no issuer | Issued and controlled by an entity |
| Usage | General transactions | Specific platforms or ecosystems |
How to Claim the Crypto Tax Benefits in Thailand
To qualify for the crypto tax benefits Thailand offers, investors must:
✅ Trade only through licensed exchanges or brokers regulated under Thai law.
✅ Earn profits within the exemption period (2025–2029).
✅ Ensure the transaction value is greater than the original investment.
✅ Avoid unlicensed peer-to-peer or unregulated trades.
👉 Source: ธนาคารแห่งประเทศไทย | Bank of Thailand
Who Can Take Advantage of Thailand’s Tax-Free Crypto Window?
The crypto tax benefits Thailand provides are open to:
Individual investors trading cryptocurrency or tokens.
Thai residents who use regulated trading platforms.
Foreign investors participating through Thailand’s licensed digital exchanges.
Final Thoughts on Thailand’s Crypto Tax Benefits
The 5-year tax exemption for crypto trading is a milestone for Thailand’s digital economy. By trading through regulated platforms, investors can enjoy tax-free profits on cryptocurrencies and tokens until the end of 2029.
This policy is not only an advantage for investors but also strengthens Thailand’s reputation as a regional leader in digital assets and blockchain innovation.
