Under Thai law all registered legal entities with a fiscal position in Thailand must prepare and keep accounts and file an annual audit. Annual Audit is very important and the default of compliance may result in fines and possibly get your visa extension denied. The Annual Audit must be submitted together with the company’s financial statements to the D.B.D. as well as the Revenue Department¬† and are both essential documents. Both must be drawn up correctly, any errors or misleading information following the minimums required to avoid any issues during the yearly work permit and visa renewals.

Service overview

  • General accounting (Journal entries, General Ledger, Profit and loss account, Trial Balance and year-end Balance Sheet).
  • Audit report and financial statements and submitting to all concern department i.e. Revenue department and Department of Business Development.
  • File of corporate tax report (PND50) to revenue department and Department of Business development.

Documents required for Annual Audit

  • Income and Expenditure Account
  • Complete Bank Statement
  • Inventory and Stock
  • Company Seal
  • Lease agreement
  • Title Deeds Copy (in case a company got one while purchasing a land)
  • Previous Years Audit Documents.
  • Half Year Report
You may also be interested in Payroll processing services.