Governance & Economic

Tax Operations

WHA Group gives important on our tax operations, ensuring adherence to principles of accuracy, transparency, verifiability, and compliance with applicable tax laws. This commitment aims to maximize benefits and foster trust among all stakeholders. Additionally, WHA Group has established guidelines for tax planning and practices that align with its strategic, objectives and business goals.

Tax policy of WHA Group has disclosed at https://www.wha-group.com/Uploads/elFinder/pdf/cg/20230811-wha-tax-policy-en.pdf

Income Tax

In 2023, the Company reported a profit before income tax of 5,708.2 million baht. The income tax expenses for the year amounted to 658.6 million baht, resulting in effective tax rate of 11.54%. It is worth noting that the actual tax rate was lower than the corporate income tax rate of 20% due to variances in tax calculations arising from the disparity between accounting and taxation principles. The details of income tax have disclosed in “Notes to the Consolidated and Separate Financial Statements” of the Company.

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Updated: 24 Apr 2023

Self-Storage Service
WHA Group aims to constantly expand its business footprint, under its long-term strategy, to create a value-added, innovative and one-stop service solution that supports customers' needs. Accordingly, WHA Group realized a great opportunity in the Self-Storage industry alongside the rising urbanization trends, and the growing sustainably in Thailand and across the region.
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Contribution to External Associations
WHA Corporation Public Company Limited is committed to participate in driving and developing sustainable business and society through partnerships with corporations, trade associations, government and non-profit organizations to help drive policies that will affect the economic growth of the country. By doing so, the Company is committed to transparency under good corporate governance and business ethics.
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Unified Operation Center (UOC)
WHA Group implemented the Unified Operation Center (UOC) which projects real-time monitoring results of all relevant environmental parameters such as air quality, rainfall volume and wastewater quality, and etc.
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