A robust financial framework is critical for sustainable growth and compliance in Thailand. We provide clear, efficient, and reliable financial services that give you complete peace of mind. Let our experts handle the complexities of Thai accounting and tax regulations so you can focus on your core business operations.
Our Core Financial Services
Accounting & Bookkeeping
Meticulous monthly and annual bookkeeping services in full compliance with Thai Financial Reporting Standards (TFRS).
Tax Planning & Filing
Expert handling of all corporate taxes, including Corporate Income Tax (CIT), VAT, and Withholding Tax (WHT), to ensure efficiency and compliance.
Corporate Bank Account Setup
We facilitate the often-complex process of opening a corporate bank account in Thailand, managing all documentation and bank liaison.
Payroll Management
Efficient and confidential payroll processing, including social security filings and personal income tax submissions for your employees.
Thailand’s Tax Landscape: An Overview
Corporate Income Tax (CIT)
The standard rate is 20% of net profits. Companies are required to file semi-annual (PND.51) and annual (PND.50) tax returns. BOI-promoted companies may receive significant exemptions.
Value Added Tax (VAT)
Currently set at 7%. Businesses with an annual turnover exceeding THB 1.8 million must register for VAT and file monthly returns (PP.30).
Withholding Tax (WHT)
A tax deducted at the source of payment. Rates vary by service type, for example: 3% for general services and professional fees, 5% for rent, and 1% for transportation.
Why Outsource Your Financial Services?
- Ensure Compliance: Avoid costly fines and legal issues by letting our experts navigate the complexities of the Thai Revenue Code.
- Focus on Your Core Business: Free up your valuable time and resources to concentrate on strategy, operations, and growth.
- Cost-Effective Solution: Access a full team of financial professionals for a fraction of the cost of hiring an in-house accounting department.
- Benefit from Expertise: Gain strategic insights from our experience working with numerous foreign companies across various industries in Thailand.
Achieve Financial Clarity and Compliance
Allow our team to build and manage a financial framework that supports your company’s growth and ensures full regulatory compliance.
Request a Financial Consultation