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Articles about Accounting

Every article filed under Accounting.

corporate bank
Accounting 14 min read

Opening A Bank Account in Thailand for your Company

Opening a corporate bank account in Thailand is relatively straightforward but requires in-person application and the right documents. This guide explains the process for both Thai and foreign companies, including requirements, timelines, and tips to ensure a smooth experience, whether you’re opening an account for a local business or a non-resident company operating internationally.

Dormant Companies
Accounting 7 min read

Dormant Companies in Thailand: How to Ensure Compliance

Inactive companies in Thailand aren’t exempt from annual compliance requirements. Learn what dormant companies must do to maintain legal status, avoid penalties, and understand the difference between dormant, defunct, and dissolved businesses. Non-compliance can result in fines up to 200,000 THB or removal from the business registry.

Annual Closing Deadline
Accounting 10 min read

Missed Your Annual Closing Deadline? Here’s What to Know

Missed your company’s annual closing deadline in Thailand? Learn what steps to take, the penalties involved, and how it affects tax filing, annual reports, and work permit renewals. This guide covers everything you need to know to stay compliant and avoid fines or business disruptions.

Withholding Tax Certificate in Thailand: Section 50 Bis
Accounting 4 min read

Withholding Tax Certificate in Thailand: Section 50 Bis

A Withholding Tax Certificate (Form 50 Tawi) in Thailand proves that income tax has been withheld and paid to the Revenue Department. It’s essential for tax returns, refunds, and loan applications. Employers must issue it annually or upon an employee’s departure. Failure to comply may result in fines. Learn more in this guide!

Thailand's Inheritance Laws
Accounting 11 min read

Thailand’s Inheritance Laws: Creating a Will

Understanding Thailand’s inheritance laws is important for protecting your assets and ensuring your wishes are honored. Learn about Thai wills, intestacy rules, probate, inheritance tax, and restrictions on foreign ownership. Proper estate planning can help avoid legal complications and ensure a smooth transfer of assets to your loved ones.

Tax Liabilities Digital Nomads in Thailand
Accounting 11 min read

Digital Nomads in Thailand: What Are Your Tax Liabilities?

Introduction Thailand has become a premier destination for freelancers, remote workers, and digital nomads. With the introduction of the Destination Thailand Visa (DTV) and the Long-Term Resident (LTR) visa, digital nomads in Thailand now have a legitimate and structured pathway to live and work in the country. an opportunity that was once uncertain due to […]

personal income tax in thailand
Accounting 17 min read

Personal Income Tax in Thailand for 2026: Rates & Compliance

Understanding Personal Income Tax in Thailand is important for expats and residents. This guide covers tax residency, progressive tax rates, foreign-sourced income rules, deductions, and filing deadlines. Learn how to comply with Thai tax laws, avoid penalties, and maximize exemptions, including LTR visa tax benefits and Double Tax Agreements (DTAs). Stay compliant and informed!

transfer pricing
Accounting 12 min read

Transfer Pricing Regulations in Thailand

Discover how Thailand’s transfer pricing regulations impact multinational enterprises. Learn about compliance requirements, arm’s length pricing, approved methods, and key documentation to ensure adherence to OECD guidelines and avoid penalties for non-compliance.

Thai Accounting & Compliance Essentials
Free Comprehensive Guide

Thai Accounting & Compliance Essentials

Running a company in Thailand means more than filing tax returns. This comprehensive guide explains your accounting obligations, financial reporting duties, mandatory audit requirements for Thai companies, bookkeeping best-practices and the practical steps every business needs to be aware of to stay compliant.

One complete guide that explains everything a business owner needs to know, in plain English.

  • Your accounting obligations
  • Financial reporting duties
  • Mandatory audit requirements
  • Bookkeeping best practices
  • Practical steps to stay compliant

Download Free eBook