Accounting and Tax Filings
We provide all-inclusive Accounting packages with tax advisory to SMEs in Thailand allowing you to save time, limit the risk of fine and focus on your business. Our team of accountants works closely with tax experts and lawyers to ensure compliance with local regulations and support for complex matters.
All companies registered in Thailand, whether or not they make business, are subject to tax filings. At the minimum Thai companies must file a half year tax submission report, prepare annual financial statements, appoint an auditor and file the corporate income tax return together with the audited financial statements with the Revenue Department every year.
All companies registered in Thailand, whether or not they make business, are subject to tax filings
If the company is registered with the VAT, a VAT return must be filed every month even if it shows 0.
Our accountant handles everything related to payroll, from salary calculations, payments and deductions.
Why work with VB and Partners?
Embarking on a business venture, especially in a foreign country, can appear overwhelming. At VB & Partners, we understand this challenge and our experts are ready to assist with your needs. Our comprehensive range of services covers every step, from initial business feasibility assessments to complete incorporation and starting your business operations.
Navigating local laws and regulations is an essential concern for foreign enterprises. Our tailored solutions are designed to ensure adherence to all legal requirements. Backed by a team of experts who are familiar with the Thai market and regulations, resulting in the smooth operation of your business.
VB & Partners takes pride in its team of seasoned experts. Ranging from Incorporation, Accounting & Secretary Services to Immigration and Real Estate, VB & Partners stands as your premier destination for all your legal and accounting needs.
What does this package include
Step 1: Collection of documents from you
Between the 1st day to the 3rd day of each month, we will collect all relevant documents.
Step 2: Transactions reconciliations and Tax calculation
Between the 3rd day to the 10th day of each month, the accountant will review all transactions to reconcile them with the bank statement and calculate the amount of tax due.
Step 3: Tax filings and payments
Between the 10th day to the 15 day of each month, the accountant will file the tax returns forms to the Revenue Department.
Step 4: Bookkeeping and management report
Between the 10th to the 20 of each month, the accountant will record the transactions in the accounting software and categorize them. The accountant will then send you the management report.
All required payments and deductions made
Price: + 7% VAT
What you must know before applying
Book a Call with our expert
Frequently Asked Question
Our payroll services offers the following advantages:
- Time and cost savings.
- Ensuring complete legal compliance.
- Peace of mind.
- Tailored services matching your needs.
We can process the payroll very promptly. We will work together with the client to establish a payroll calendar. This agrees dates in which each client submits their payroll input, receives reports for approval, needs to authorise payments etc. This means that we know when each client will be needing everything done and we can prepare accordingly.
Once you have informed us of any changes that need to be made, we will recalculate all the relevant areas and send you an updated set of reports.