See transcript of the above video below:

As the title of this video suggests, we are discussing lease registration fees for real estate being leased here in the Kingdom of Thailand. 

Now this is fairly important especially for those foreigners watching this video as foreigners are heavily restricted from purchasing property here in the Kingdom and therefore long-term leases are often rather optimal for foreigners wishing to either undertake a business or lease for example homes, villas, vacation homes, etc. here in the Kingdom. 

Lease registration fees, much like a transfer fee that is assessed by the land department, at the time one goes ahead and registers a lease, and it should be noted that all leases of a duration over 3 years here in the Kingdom  must be registered with the land office in order to be considered enforceable. Leases of a duration of less than three years are enforceable but only if of a duration of less than three years. 

So the thing to take away is a long-term lease of 3 years or more needs to be registered so you're going to end up having to deal with this registration fee associated with a long-term lease. It is 1% of the total lease, so it's the total amount of the lease accessed throughout the entire lease term.

That being said the total amount which can be assessed or taken in terms of the tax in this matter is Bt200,000 total. So if it results in an assessment where there would be Bt500,000 to be assessed against a given registered lease, it's going to drop back 200,000 but it should also be noted that it's not on a specific year, it's on the entirely so if it's a monthly rent of 10,000 baht for 30 years it's going to be a Bt120,000 baht assessed over a 30-year. Whatever that number is I am sure it is rather high and then they go ahead and take 1% of that amount. 

So the thing to take away from this video, long-term leases, you're going to have to deal with the lease registration fee and in most cases it's never going to go above Bt200,000 threshold unless those rules have been changed quite immediately before this video, and it's an assessment on the entire amount of the lease throughout the entire lease term.