7. Tax Rate
Generally, the rate of income tax for juristic companies and partnerships is 30% of net profits.
Reduced rates at the progressive rates of 15% to 30% are granted to small and medium-sized enterprises ("SMEs"), and reduced rates at the flat rates of 20% and 25% are granted to companies listed on the Market for Alternative Investment ("MAI"), and companies listed on the Stock Exchange of Thailand ("SET"), respectively, subject to certain rules, regulations, and conditions prescribed by laws.