Why German clients need Annual Financial Statement
Who needs it: āļāļĢāļīāļĐāļąāļāļāļģāļāļąāļāļāļļāļāļĢāļēāļĒ Â· āļŦāđāļēāļāļŦāļļāđāļāļŠāđāļ§āļāļāļāļāļ°āđāļāļĩāļĒāļ.
German clients pursuing "Retirement pool-villas + lease-30 land + BOI factories (auto-parts)" in Thailand typically need Annual Financial Statement before launching or buying.
Even without a special treaty, German clients use the Thailand-Germany DTT to avoid double taxation. We obtain the Certificate of Residence for you.
What you get with NYC Legal
âĒ āļāđāļēāļāđāļāļāļāđāļāļđāđāļāļĢāļ§āļāļŠāļāļ âĒ āļĒāļ·āđāļ DBD āļ āļēāļĒāđāļāđāļ§āļĨāļē
Thailand â Germany Double Tax Treaty
Thailand has a DTT with Germany preventing double taxation on dividends, interest, royalties, rent and capital gains.
We obtain the Certificate of Residence (R.O.21/22) translated into German so you can file the credit with Germany tax authorities.
Audit & Accounting â signed off by our in-house CPA.
Documents & process for German clients
Passport + visa + Work Permit (if held) + Thai Tax ID.
Source-country business or income documents from Germany, translated to Thai + Apostille.
Workflow: 1) Free consult in German 2) Document audit 3) Petition/return preparation 4) Filing & follow-up 5) Monthly/quarterly summary report.
Fees & turnaround
Starting at quoted on request · 30â45.
German clients on a monthly retainer save 15â25% and receive a free Quarterly Tax Review.
Invoices issued in German so you can claim the deduction back home under the DTT.
FAQ
Do German nationals pay Thai tax if they stay under 180 days?
No â you are not a Thai tax resident. Only Thai-sourced income (e.g. rental from a Thai condo, salary from a Thai employer) is taxable.
What does Annual Financial Statement start at?
From quoted on request + 7% VAT â fixed quote before we start.
How long does it take?
30â45 at DBD once documents are complete.
How does the Thailand-Germany DTT actually reduce my tax?
We obtain the Certificate of Residence from the Revenue Department, then you file it with the Germany tax authority to credit the Thai tax already paid â up to 100% of the overlap.
Can this be done while I'm overseas?
Yes â sign a POA + courier documents via DHL. We file and return the receipts.






