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Thailand grants five-year personal income tax exemption on capital gains from digital assets.

Written by ,
 16 September 2025.

Thailand has introduced a five-year personal income tax exemption on capital gains from digital assets, including cryptocurrencies and digital tokens. Formalised under Ministerial Regulation No.399 (B.E. 2568) and announced on 5 September 2025, the exemption will apply from 1 January 2025 until 31 December 2029.

This measure provides welcome relief for individuals trading digital assets, particularly those using platforms licensed by the Thai Securities and Exchange Commission (SEC).

What the tax break covers

The exemption applies to personal capital gains realised from the sale digital assets, provided transactions occur through SEC‑licensed exchanges, brokers or dealers in Thailand.

It is important to note that this exemption currently applies only to capital gains. Other forms of crypto-related income, such as staking, mining, airdrops or business operations involving digital assets, may not be covered unless further guidance is issued by the Thai Revenue Department.

Platforms and compliance

To benefit from the tax break, traders must ensure transactions are conducted through SEC-approved platforms. This requirement is designed to channel activity into regulated markets, enhance transparency and discourage the use of unregulated or offshore exchanges.

Individuals are also expected to maintain accurate records of all transactions, including dates, amounts, fees and platform details. The Revenue Department is expected to issue further guidelines on reporting, forms and documentation procedures.

Who will benefit

  • Thai residents and non-residents trading via SEC-approved platforms.
  • Traders who plan ahead and ensure their platforms are compliant.
  • Individuals who maintain thorough records of their trades to support exemption claims.

Who may not benefit

  • Traders using unlicensed or offshore exchanges.
  • Individuals earning income from mining, staking, airdrops or crypto-related businesses (unless new guidance expands the scope).
  • Those moving gains into Thailand from non-qualifying platforms.
  • Traders unable to substantiate claims due to poor documentation.

Thailand’s strategy behind the crypto tax exemption

Thailand’s government introduced the five-year crypto tax exemption as part of a broader strategy to strengthen its position in the global digital economy. By removing personal income tax on capital gains from digital asset trading, the policy aims to position the country as a global digital asset hub.
At the same time, it encourages traders to use SEC-licensed platforms, ensuring transactions remain legal, transparent and within the regulatory framework.

Beyond promoting compliance, the initiative is also designed to attract both domestic and international investors, driving capital inflows and supporting Thailand’s ambition to become a competitive player in the fast-growing digital asset market.

Thailand grants five-year personal income tax exemption on capital gains from digital assets

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