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Saudi Arabia vs Thailand Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Saudi Arabia0%Lower
Thailand35%
Corporate Tax
Saudi Arabia20%
Thailand20%
Capital Gains
Saudi Arabia20%Lower
Thailand35%
VAT / Sales Tax
Saudi Arabia15%
Thailand7%Lower
| Category | Saudi Arabia | Thailand |
|---|---|---|
| Tax System | Territorial (No personal income tax) | Progressive |
| Top Income Tax | 0% | 35% |
| Corporate Tax | 20% | 20% |
| Capital Gains | 20% | 35% |
| VAT / Sales Tax | 15% | 7% |
| Crypto Tax | No | Yes |
| Wealth Tax | Yes | No |
| Tax Treaties | 40 | 61 |
| Currency | SAR | THB |
The bottom line: Saudi Arabia vs Thailand
Saudi Arabia has the lower headline rate on 2 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Saudi Arabia runs a territorial (no personal income tax) tax system, while Thailand uses a progressive one. On crypto, Saudi Arabia is the more favourable — it does not tax cryptocurrency gains. Thailand has the wider tax-treaty network (61 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Saudi Arabia is lower (0% vs 35%)
- Corporate tax: identical in both (20%)
- Capital gains tax: Saudi Arabia is lower (20% vs 35%)
- VAT / sales tax: Thailand is lower (15% vs 7%)