Below is information about REGIONAL OPERATING HEADQUARTERS TAX from a variety of sources. Please take a look at the materials that our team has selected for you.
https://lawphil.net/statutes/repacts/ra1999/ra_8756_1999.html#:~:text=%22Regional%20operating%20headquarters%20shall%20be%20subject%20to%20the,All%20Kinds%20of%20Local%20Taxes%2C%20Fees%2C%20or%20Charges.
https://taxacctgcenter.ph/tax-savings-on-regional-operating-headquarters-rohq/
Special income tax rate of 10% of their taxable income. As compared to a Philippine branch tax at 30%, ROHQ structure is a 20% advantage. Special alien employee tax of 15% based on gross compensation applicable to managerial or technical alien employees of ROHQ. An employee is normally taxed at 5-32% of taxable net income after deducting personal exemptions allowed …
https://thailawyers.com/tax-privileges-for-regional-operating-headquarters-roh-in-thailand/
10% corporate income tax on qualifying income derived from the services provided to associated enterprises in Thailand for 10 years consecutive accounting years. 10% corporate income tax on interest income and royalty income for the use of R&D products developed by the ROH in Thailand received by the ROH from Thai and/or overseas associated enterprises for 10 consecutive …
https://philippinesbusinessregistration.com/company-registration/regional-operating-headquarters/
A Regional Operating Headquarters (ROHQ) is an extension of a foreign corporation allowed to derive income in the Philippines by performing qualifying services to its head office, affiliates, subsidiaries or branches in the Asia-Pacific (APAC) region and other foreign markets. It can only be set up and operated by a foreign corporation that has subsidiaries, branches, affiliates or …
https://www.siam-legal.com/Business-in-Thailand/Regional-Operating-Headquarters-ROH-in-Thailand.php
Regional Operating Headquarters (ROH) In 2002, the first ROH incentives, both tax and non-tax, were introduced to investors with the aims of attracting more investment in Thailand. The benefits provided by the Revenue Department, in term of tax incentives, are as follows: Corporate Income Tax reduction from 30% to 10% on net profit deriving from offshore branches and …
https://boi.gov.ph/ufaqs/regional-headquarters-regional-operating-headquarters-rhqs-rohqs/
An ROHQ performs the following qualifying services to its affiliates, subsidiaries, and branches in the Philippines. General administration and planning. Business planning and coordination. Sourcing/procurement of raw materials components. Corporate finance advisory services. Marketing Control and sales promotion.
https://www.mazars.co.th/Home/Insights/Doing-Business-in-Thailand/Legal/ROH-Regional-Operating-Headquarters-vs.-RO-Regional-Office
Regional Operating Headquarters. Regional Office. 1. Legal entity. Must be a company incorporated under Thai law. 1. Legal entity. Must be a juristic person established under the law of a foreign country. A Foreign Business License is required from the Ministry of Commerce to operate its business in Thailand.
https://home.kpmg/xx/en/home/insights/2019/05/flash-alert-2019-091.html
On 26 March 2019, the Thai Cabinet approved three draft Royal Decrees proposed by the Ministry of Finance cancelling all tax incentives granted by the Thai Revenue Department (“TRD”) under the Regional Operating Headquarters 2010 (“ROH 2010”), International Headquarters (“IHQ”), and International Trade Center (“ITC”) regimes with effect on 1 June …
https://taxacctgcenter.ph/how-to-register-regional-operating-headquarters-philippines/
By: Tax and Accounting Center Philippines. A Regional Operating Headquarters (ROHQ) in Philippine branch office is form of a resident foreign corporation in the Philippines where the legal entity of a foreign corporation is being brought into the Philippines to engage in qualifying services allowed by law only to its branches, subsidiaries, or affiliate.
https://www.tripleiconsulting.com/rohq-incentives/
_ ROHQ • Subject to 10% taxable income (Corporate Income Tax) • Subject to 10% Value Added Tax • Exemption from all kinds of local taxes, fees or charges • Tax and duty-free importation of equipment and materials for training and conferences • Equipment and training materials not locally available
https://lawphil.net/statutes/repacts/ra1999/ra_8756_1999.html
regional operating headquarters shall be subject to a tax rate of ten percent (10%) of their taxable income as provided for under the national internal revenue code, as amended by republic act no. 8424: provided, that any income derived from philippine sources by the rohq when remitted to the parent company shall be subject to the tax on branch …
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