TFEX

Foreign Investors

The term “foreign nationals” means foreign natural persons and foreign institutional investors residing outside the Kingdom of Thailand.

(i)  Foreign natural persons : Individuals who have nationalities other than Thai.
(ii)  Foreign institutional investors : Institutional investors established outside Thailand in accordance with the Notification of the Capital Market Supervisory Board No. TorThor. 25/2551 such as commercial bank, finance company, securities company, insurance company, and mutual fund firm. For the full list of foreign institutional investors click here
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Essentials for Institutional Investors
  • All order from foreign investors will be marked as 'Foreign" (F) in TFEX trading system and trading statistics. 
  • Non-resident foreign investors are allowed to trade all products on TFEX except for Thai-Baht related currency futures*.
  • 7% value-added tax is added on the brokerage commission and exchange fee. Capital gain tax is exempted for both domestic and foreign individual investors. Institutional investors operating in Thailand are liable for corporate income tax but exempt from withholding tax. Foreign institutional investors which do not operate in Thailand are subject to a 15% withholding tax, except for those who reside in the countries that have double taxation treaties agreement with Thailand.
*There is exception for non-resident investor who is market maker for global products in SET/TFEX.  For additional information please refer to the Notification of TFEX Re. Qualifications, Duties and Speculative position limit for BAHT/USD Futures.

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Guidebook
Useful handbook for foreign investors to trade on TFEX
Frame 6357627