Severance Pay
Employees who have worked more than 120 days, but less than one year, are entitled to 30 days severance pay. For personnel employed between one and three years, the severance pay is not less than 90 days pay. Employees with three to six years of service will receive six months salary, those with more than six to 10 years service will receive eight months salary, and employees with more than 10 years service will receive 10 months salary.
Bangkok Base Guides
- Setting Up a Company
- Choose your Corporate Structure
- Corporate Name Reservation
- Memorandum of Association
- Submission of Articles of Association
- Tax Registration
- Value Added Tax (VAT) Registration
- Ordinary Partnership (Ltd./Reg.) Registration
- Public Limited Company Registration
- Representative Office Registration
- Branch Office Registration
- Corporate Structures
- Limited Company
- Branch Office
- Representative Office
- Regional Office
- Regional T & I Support Office
- Partnerships
- Sole Proprietorships
- Joint Ventures
- Licenses and Privileges
- US Amity Treaty
- Running a Company
- Tax Matters
- Corporate Income Tax
- Value Added Tax (VAT)
- VAT Refunds
- Personal Income Tax
- Specific Business Tax
- Remittance Tax
- Other Taxes
- Tax Courts
- Tariff Measures
- BOI Tax Incentives
- IEAT Incentives
- Labor Issues
- Labor Protection
- Hours and Holidays
- Minimum Age
- Sick Leave
- Severance Pay
- Termination of Employment
- Employee Welfare Fund
- Workers Compensation
- Minimum Wages
- Social Security
- Labor Management
- Employee Records
- Stay and Work in Thailand
- Thailand Business Visa
- Thailand One Year Visa
- Thailand Work Permit
- WP Required Documentation
- WP Permitted Activities
- Visa and Immigration Law