Accounting Services In Thailand

Expert Accounting Services in Thailand: Anglo Siam Legal

Navigating the complexities of Thai financial regulations can be a significant challenge for individuals and businesses alike. At Anglo Siam Legal, we provide comprehensive, expert accounting services in Thailand to ensure you remain compliant, minimize your tax burden, and achieve complete financial clarity. Whether you’re an expatriate managing personal finances or a large corporation operating across multiple provinces, our dedicated team is here to handle all your accounting and taxation needs under one roof.

👨‍💼 Personal Tax and Accounting Matters in Thailand

For individuals living and working in the Kingdom, understanding personal income tax and financial obligations is crucial. Our services are tailored to help you navigate these requirements smoothly, providing peace of mind and ensuring full compliance with the Revenue Department.

Personal Income Tax (PIT) Filing: We assist residents and expatriates in calculating, preparing, and filing their annual Personal Income Tax returns (PND 90/91). We ensure all allowable deductions and allowances are correctly claimed.
Expat Tax Advisory: We offer specialized advice for foreigners on issues like tax residency, the application of Double Taxation Agreements (DTAs), and the taxation of foreign-sourced income brought into Thailand.
Tax ID (TIN) Registration: We handle the process of obtaining a Tax Identification Number for individuals as required by Thai law.
Financial Record Keeping: Assistance with organizing and maintaining personal financial records to support future filings and for potential audits.

We simplify complex Thai tax rules, giving you a clear understanding of your personal financial obligations. When you seek accounting services in Thailand for your individual needs, look no further than Anglo Siam Legal.

🏢 Company Tax and Accounting Matters in Thailand

Running a business in Thailand, regardless of its size, involves strict adherence to the Thai Civil and Commercial Code, the Accounting Act, and the Revenue Code. Our corporate accounting services in Thailand are designed to manage all statutory and regulatory requirements, allowing you to focus on growing your core business.

Company Incorporation and Setup: Guidance on the initial registration process and setting up mandatory accounting systems.
Bookkeeping and Recording: Maintaining accurate, up-to-date accounting records in compliance with Thai Financial Reporting Standards (TFRS), including general ledger maintenance.
Monthly and Annual Financial Reporting: Preparation of monthly financial statements, including Profit & Loss (Income Statement) and Balance Sheet, essential for management review and compliance.
Corporate Income Tax (CIT) Filing: Preparation and submission of mid-year (PND 51) and annual (PND 50) Corporate Income Tax returns, ensuring correct calculation of net profit, deductions, and tax liabilities.
Auditing Coordination: We coordinate with independent certified auditors to complete the mandatory annual audit of your company’s financial statements.

Ensuring your business accounts are in order is fundamental to avoiding penalties and sustaining a healthy operation.

📜 Key Accounting Services Under Thai Accounting and Revenue Laws

Our comprehensive range of accounting services in Thailand covers all obligations mandated by the Thai government, particularly those governed by the Revenue Code of Thailand and the Accounting Act B.E. 2543 (2000).

Service Category	Description of Service Undertaken	Key Thai Regulatory Requirement
Value Added Tax (VAT)	Monthly preparation and filing of the PP.30 VAT return, reconciliation of input and output VAT, and handling of VAT registration/deregistration.	Revenue Code, VAT Act B.E. 2535
Withholding Tax (WHT)	Monthly preparation and submission of WHT forms (PND 1, 3, 53) for salaries, services, and rental payments, ensuring correct tax deduction at source.	Revenue Code, Sections 50 and 70
Statutory Bookkeeping	Maintenance of official accounting books, journals, and ledgers in the Thai language or with Thai translation, and retention of records for the statutory minimum period (typically 5 years).	Accounting Act B.E. 2543
Payroll and Social Security	Calculation of monthly payroll, deduction of personal income tax, filing of monthly Social Security Fund (SSF) contributions, and annual filing of the WHT summary (PND 1 Kor).	Social Security Act, Revenue Code
Annual Financial Statements	Preparation of year-end Financial Statements (Statement of Financial Position, Income Statement, Statement of Changes in Equity, Cash Flow Statement) for submission to the Department of Business Development (DBD) and the Revenue Department.	Accounting Act B.E. 2543, Civil and Commercial Code

We guarantee that our services not only meet the required deadlines but are also prepared with the utmost accuracy and professionalism, a cornerstone of Anglo Siam Legal’s commitment to compliance.

With a flat-fee structure that covers all necessary paperwork, including the annual closing statement (excluding the external audit report), our professional team in provinces like Nakhon Ratchasima and Chonburi/Pattaya stands ready to provide you with the essential accounting services in Thailand you need to succeed.

Ready to simplify your Thai accounting and tax obligations?

Would you like to schedule a consultation to discuss your specific personal or company accounting needs?

Not in Pattaya why not contact our sister company Isaan Lawyers www.isaanlawyers.com

Accounting Services In Thailand