Compiled from Department of Business Development (DBD), Revenue Department, BOI and DIP requirements as cited on each service page. Government fees are set by those authorities and passed through at cost.
Q12206. Monthly Bookkeeping Service — Full-Cycle Thai Accounting & Tax — what is included?
Full-cycle monthly bookkeeping by CPD-licensed accountants under TFRS for NPAEs, delivered through FlowAccount, Xero, or PEAK. We prepare and file VAT (PP.30), withholding tax (PND.1/3/53), and social security every month, plus a trial balance, P&L, and AR/AP report. quoted on request (up to 30 transactions). Sources: https://www.rd.go.th/ , https://www.dbd.go.th/
Q12215. What qualifications must the bookkeeper hold?
Under the Thai Accounting Act B.E. 2543, bookkeepers must be registered with the Federation of Accounting Professions (CPD) with 12 CPD hours per year. Every team member on your account is registered.
Q12218. Who is liable if tax is miscalculated?
If the error is on our side, we pay all penalties and surcharges in full. We carry Professional Indemnity insurance up to quoted on request million.
Q12221. Corporate Tax Filing — PND.50/51, VAT PP.30, Withholding Tax — what is included?
Complete Thai corporate tax filing — PND.50 (annual, within 150 days of fiscal year-end), PND.51 (half-year projection, within 2 months of mid-year), PP.30 (VAT, by the 15th monthly), and PND.1/3/53 (withholding, by the 7th monthly). All e-filed through the Revenue Department's e-Filing system. From quoted on request per form, signed by CPD-registered accountants. Sources: https://www.rd.go.th/ , https://www.rd.go.th/english/
Q12231. Which expenses are non-deductible?
Entertainment above 0.3% of revenue/capital, unregistered assets, personal expenses, donations above cap, related-party interest above market, expenses without proper documentation.
Q12234. How do we correct a filing error?
File an amended return within 6 months (no penalty). After 6 months: 50–100% penalty plus 1.5% monthly surcharge.
Q12244. How much do employer and employee contribute to social security?
Employer 5%, employee 5% of salary, capped at the quoted on request salary base (so quoted on request maximum each per month), plus 0.2–1% workmen's compensation from the employer.
Q12247. How are year-end bonuses taxed?
By tax-base annualisation — full-year tax including bonus, divided by 12, applied at the resulting average rate. Our payroll software follows the Revenue Department formula automatically.
Q12251. Annual Audit & Financial Statements — CPA-Signed, DBD Filed — what is included?
Annual close and CPA-audited financial statements under TFRS for NPAEs (or PAEs), followed by DBD e-Filing within 5 months of fiscal year-end and PND.50 filed with the Revenue Department within 150 days. Includes AGM chairing and annual report drafting. From quoted on request per fiscal year. Sources: https://www.dbd.go.th/ , https://www.rd.go.th/
Q12260. What are the penalties for late filing?
DBD fines: quoted on request director for an additional fee company (total 12,000). Revenue Department: quoted on request per late PND.50, plus 1.5% monthly tax surcharge.
Q12263. What must the financial statements disclose?
Balance sheet, income statement, cash-flow statement, statement of changes in equity, notes, accounting policies, estimates, and related-party transactions.
Q12266. Personal Income Tax — PND.90/91/94 for Expats, Executives, Freelancers — what is included?
Thai personal income-tax service — PND.90 (multiple income types), PND.91 (salary only), PND.94 (half-year). Tax planning across RMF/SSF/insurance/donations/mortgage interest/spouse/children. Covers foreign tax residents (180+ days in Thailand) and non-residents. From quoted on request per return, e-filed via the Revenue Department portal. Sources: https://www.rd.go.th/ , https://www.rd.go.th/english/68168.html
Q12276. What are the RMF and SSF deduction limits?
SSF: up to 30% of income, capped at quoted on request. RMF: up to 30% of income, capped at quoted on request (combined with provident fund, GPF, and RMF life insurance).
Q12279. What are the late-filing penalties?
quoted on request + 1.5% monthly surcharge (capped at the tax due). We file before the March 31 deadline (April 8 for e-Filing) to avoid these.
Q12289. How do we claim VAT refunds on exports?
Exporters use 0% VAT but pay 7% input VAT on domestic costs. Excess input VAT is claimed monthly via PP.30 or in cash via Form Kor.10 within 3 years.
Q12292. What does the Revenue Department typically ask?
Sales origin, cost reasonableness, physical inventory checks, director interviews, and site visits. We prepare responses and can attend interviews on your behalf.
Q12296. Bookkeeping Cleanup & Restatement — Catch-Up 1–5 Years — what is included?
Catch-up service for companies that skipped bookkeeping, missed tax filings, have accumulated errors, or are receiving DBD/Revenue Department notices. We audit the source documents, reconstruct the books, prepare restated statements with a CPA signature, file amended VAT/CIT/WHT returns, and negotiate penalty relief. From quoted on request per year backlogged. Sources: https://www.dbd.go.th/ , https://www.rd.go.th/
Q12305. What's the typical penalty for 3 years of backlog?
DBD: THB 40k–60k (director + company) for 3 missed annual filings. Revenue Department: PP.30 quoted per month × 36 = 18,000, plus 1.5% monthly surcharge, plus quoted on request per late PND.50. We often secure instalments and partial waivers.
Q12308. Do you serve companies still trading?
Yes. Companies without books still exist as legal entities. Once cleaned up, directors can either resume trading or proceed to voluntary dissolution.
Q12311. Transfer Pricing Documentation & Disclosure Form — Cross-Border — what is included?
Full Thai Transfer Pricing documentation under Section 71 bis and Director-General Notification 400 for companies with THB 200M+ revenue and related-party transactions. Covers Master File, Local File, Country-by-Country Report (CbCR for MNEs ≥ THB 28B), and the annual Disclosure Form filed with PND.50. OECD-aligned methods (CUP/RPM/CPM/TNMM/PSM). quoted on request. Sources: https://www.rd.go.th/38546.html , https://www.rd.go.th/fileadmin/download/insight_pdf/TP_Guideline_EN.pdf
Q12321. Who must file a Country-by-Country Report (CbCR)?
MNE groups with global consolidated revenue ≥ THB 28B (~EUR 750M). The CbCR is filed with the ultimate parent's jurisdiction and shared with Thailand via automatic exchange treaties.
Q12324. Which benchmarking databases do you use?
TP Catalyst (Bureau van Dijk), RoyaltyStat, and Orbis Global Database, covering 400M+ companies worldwide. Comparables are selected by industry, region, and transfer functions.
Q946484. Which documents are required for acct bookkeeping?
The baseline set is the applicant's ID or passport, the original documents relating to acct bookkeeping, proof of connection (house registration, company affidavit or the underlying contract) and a power of attorney if a representative attends. The exact list follows the Department of Business Development (DBD) and the licensing agencies requirements on the filing date; we send a case-specific checklist before your appointment.
Q946490. Can acct bookkeeping be handled if I live upcountry or overseas?
Yes. Send photos of your documents via LINE for a feasibility check, then we proceed under a power of attorney, or you sign at a Royal Thai Embassy/Consulate where you live and courier the originals back. For acct bookkeeping we map out the fastest and safest option before you commit.
Q946496. What happens if acct bookkeeping is rejected or returned for correction?
First we obtain the written reason from the Department of Business Development (DBD) and the licensing agencies, then separate formal defects (fixable and quickly refiled) from substantive or eligibility issues (which need a change of approach). Where the error is ours, we redo acct bookkeeping at no extra professional fee and coordinate until the matter is resolved.
Q946500. How long does the result of acct bookkeeping stay valid?
Certified documents rarely carry an expiry date themselves, but most receiving authorities require issuance within 3–6 months of submission, and some are stricter. Check the destination's rule before starting acct bookkeeping so nothing has to be redone; we plan the sequence around your filing deadline.
Q946506. Is there an express option for acct bookkeeping?
We can prioritise our own preparation subject to capacity, but any stage controlled by the Department of Business Development (DBD) and the licensing agencies follows official procedure and cannot be guaranteed to a fixed date. We tell you plainly what the fastest realistic acct bookkeeping window is and offer alternatives if your deadline is too tight.
Q946510. What happens after acct bookkeeping is completed?
Check names, dates and seals as soon as you receive the result of acct bookkeeping, keep at least one digital copy, and submit to the receiving authority within its validity window. If the destination requires further legalisation — for example the Department of Consular Affairs or an embassy — we continue the chain in the same engagement.
Q946516. Which documents are required for tax filing?
The baseline set is the applicant's ID or passport, the original documents relating to tax filing, proof of connection (house registration, company affidavit or the underlying contract) and a power of attorney if a representative attends. The exact list follows the Department of Business Development (DBD) and the licensing agencies requirements on the filing date; we send a case-specific checklist before your appointment.
Q946522. Can tax filing be handled if I live upcountry or overseas?
Yes. Send photos of your documents via LINE for a feasibility check, then we proceed under a power of attorney, or you sign at a Royal Thai Embassy/Consulate where you live and courier the originals back. For tax filing we map out the fastest and safest option before you commit.
Q946526. Which laws or regulations govern tax filing?
The framework is set by the Civil and Commercial Code, the Foreign Business Act B.E. 2542 and the applicable tax legislation, together with the regulations and notifications issued by the Department of Business Development (DBD) and the licensing agencies, which are revised from time to time. Before advising on tax filing we verify the version in force on the filing date and rely on official sources rather than second-hand summaries.
Q946532. How long does the result of tax filing stay valid?
Certified documents rarely carry an expiry date themselves, but most receiving authorities require issuance within 3–6 months of submission, and some are stricter. Check the destination's rule before starting tax filing so nothing has to be redone; we plan the sequence around your filing deadline.
Q946538. Is there an express option for tax filing?
We can prioritise our own preparation subject to capacity, but any stage controlled by the Department of Business Development (DBD) and the licensing agencies follows official procedure and cannot be guaranteed to a fixed date. We tell you plainly what the fastest realistic tax filing window is and offer alternatives if your deadline is too tight.
Q946542. What happens after tax filing is completed?
Check names, dates and seals as soon as you receive the result of tax filing, keep at least one digital copy, and submit to the receiving authority within its validity window. If the destination requires further legalisation — for example the Department of Consular Affairs or an embassy — we continue the chain in the same engagement.
Q946548. Which documents are required for acct payroll?
The baseline set is the applicant's ID or passport, the original documents relating to acct payroll, proof of connection (house registration, company affidavit or the underlying contract) and a power of attorney if a representative attends. The exact list follows the Department of Business Development (DBD) and the licensing agencies requirements on the filing date; we send a case-specific checklist before your appointment.
Q946554. Can acct payroll be handled if I live upcountry or overseas?
Yes. Send photos of your documents via LINE for a feasibility check, then we proceed under a power of attorney, or you sign at a Royal Thai Embassy/Consulate where you live and courier the originals back. For acct payroll we map out the fastest and safest option before you commit.
Q946558. Which laws or regulations govern acct payroll?
The framework is set by the Civil and Commercial Code, the Foreign Business Act B.E. 2542 and the applicable tax legislation, together with the regulations and notifications issued by the Department of Business Development (DBD) and the licensing agencies, which are revised from time to time. Before advising on acct payroll we verify the version in force on the filing date and rely on official sources rather than second-hand summaries.
Q946564. How long does the result of acct payroll stay valid?
Certified documents rarely carry an expiry date themselves, but most receiving authorities require issuance within 3–6 months of submission, and some are stricter. Check the destination's rule before starting acct payroll so nothing has to be redone; we plan the sequence around your filing deadline.
Q946568. Should I handle acct payroll myself or use a service provider?
Doing it yourself saves the professional fee but leaves you carrying the risk on document format, queueing and travel time, plus shifting the Department of Business Development (DBD) and the licensing agencies practice. A provider reduces rejection loops and gives you someone accountable for follow-up. For acct payroll we are happy to give initial guidance even if you proceed on your own.
Q946574. What happens after acct payroll is completed?
Check names, dates and seals as soon as you receive the result of acct payroll, keep at least one digital copy, and submit to the receiving authority within its validity window. If the destination requires further legalisation — for example the Department of Consular Affairs or an embassy — we continue the chain in the same engagement.
Q946580. Which documents are required for annual audit?
The baseline set is the applicant's ID or passport, the original documents relating to annual audit, proof of connection (house registration, company affidavit or the underlying contract) and a power of attorney if a representative attends. The exact list follows the Department of Business Development (DBD) and the licensing agencies requirements on the filing date; we send a case-specific checklist before your appointment.
Q946584. What costs are involved in annual audit and how are they calculated?
There are two components: official government fees passed through at the published rate, and our professional fee, which depends on scope, document volume and urgency of annual audit. Fees are quoted case by case based on complexity and document volume — ask our team before work starts. You always receive a written breakdown before work begins — no hidden charges.
Q946590. Which laws or regulations govern annual audit?
The framework is set by the Civil and Commercial Code, the Foreign Business Act B.E. 2542 and the applicable tax legislation, together with the regulations and notifications issued by the Department of Business Development (DBD) and the licensing agencies, which are revised from time to time. Before advising on annual audit we verify the version in force on the filing date and rely on official sources rather than second-hand summaries.
Q946596. How long does the result of annual audit stay valid?
Certified documents rarely carry an expiry date themselves, but most receiving authorities require issuance within 3–6 months of submission, and some are stricter. Check the destination's rule before starting annual audit so nothing has to be redone; we plan the sequence around your filing deadline.
Q946600. Should I handle annual audit myself or use a service provider?
Doing it yourself saves the professional fee but leaves you carrying the risk on document format, queueing and travel time, plus shifting the Department of Business Development (DBD) and the licensing agencies practice. A provider reduces rejection loops and gives you someone accountable for follow-up. For annual audit we are happy to give initial guidance even if you proceed on your own.
Q946606. What happens after annual audit is completed?
Check names, dates and seals as soon as you receive the result of annual audit, keep at least one digital copy, and submit to the receiving authority within its validity window. If the destination requires further legalisation — for example the Department of Consular Affairs or an embassy — we continue the chain in the same engagement.
Q946610. What are the end-to-end steps for personal tax?
We start with a document and fact review, prepare and verify the file, submit to the Department of Business Development (DBD) and the licensing agencies, follow up on any queries raised by officials, and hand over the completed result with a full copy set. For personal tax a case manager tracks every stage and reports status. Call +66 83-249-4999 · LINE @NYCLI · nyclegal@ilc.ltd
Q946616. What costs are involved in personal tax and how are they calculated?
There are two components: official government fees passed through at the published rate, and our professional fee, which depends on scope, document volume and urgency of personal tax. Fees are quoted case by case based on complexity and document volume — ask our team before work starts. You always receive a written breakdown before work begins — no hidden charges.
Q946622. Which laws or regulations govern personal tax?
The framework is set by the Civil and Commercial Code, the Foreign Business Act B.E. 2542 and the applicable tax legislation, together with the regulations and notifications issued by the Department of Business Development (DBD) and the licensing agencies, which are revised from time to time. Before advising on personal tax we verify the version in force on the filing date and rely on official sources rather than second-hand summaries.
Q946626. Who is personal tax for, and what are the eligibility conditions?
It suits anyone who must present the result of personal tax to a government body, bank, educational institution or overseas counterparty. Applicant eligibility and supporting documents follow the Department of Business Development (DBD) and the licensing agencies rules; some cases require the document holder in person or a properly executed power of attorney. We screen eligibility free of charge before accepting the case.
Q946632. Should I handle personal tax myself or use a service provider?
Doing it yourself saves the professional fee but leaves you carrying the risk on document format, queueing and travel time, plus shifting the Department of Business Development (DBD) and the licensing agencies practice. A provider reduces rejection loops and gives you someone accountable for follow-up. For personal tax we are happy to give initial guidance even if you proceed on your own.
Q946638. What happens after personal tax is completed?
Check names, dates and seals as soon as you receive the result of personal tax, keep at least one digital copy, and submit to the receiving authority within its validity window. If the destination requires further legalisation — for example the Department of Consular Affairs or an embassy — we continue the chain in the same engagement.
Q946642. What are the end-to-end steps for tax refund?
We start with a document and fact review, prepare and verify the file, submit to the Department of Business Development (DBD) and the licensing agencies, follow up on any queries raised by officials, and hand over the completed result with a full copy set. For tax refund a case manager tracks every stage and reports status. Call +66 83-249-4999 · LINE @NYCLI · nyclegal@ilc.ltd
Q946648. What costs are involved in tax refund and how are they calculated?
There are two components: official government fees passed through at the published rate, and our professional fee, which depends on scope, document volume and urgency of tax refund. Fees are quoted case by case based on complexity and document volume — ask our team before work starts. You always receive a written breakdown before work begins — no hidden charges.
Q946652. What are the most common mistakes in tax refund and how do we prevent them?
The usual causes of rejection are name spellings that differ between documents, documents that expire before the filing date, uncertified copies, and translations that do not match the original. the Department of Business Development (DBD) and the licensing agencies returns files for exactly these reasons, so we cross-check names, dates and seals across every page before submitting tax refund.
Q946658. Who is tax refund for, and what are the eligibility conditions?
It suits anyone who must present the result of tax refund to a government body, bank, educational institution or overseas counterparty. Applicant eligibility and supporting documents follow the Department of Business Development (DBD) and the licensing agencies rules; some cases require the document holder in person or a properly executed power of attorney. We screen eligibility free of charge before accepting the case.
Q946664. Should I handle tax refund myself or use a service provider?
Doing it yourself saves the professional fee but leaves you carrying the risk on document format, queueing and travel time, plus shifting the Department of Business Development (DBD) and the licensing agencies practice. A provider reduces rejection loops and gives you someone accountable for follow-up. For tax refund we are happy to give initial guidance even if you proceed on your own.
Q946668. How is my data protected when you handle tax refund?
We process personal data under Thailand's Personal Data Protection Act B.E. 2562 (PDPA), use it only to carry out tax refund as instructed, restrict access to the assigned team, and return or destroy originals on your instruction. You may exercise access or deletion rights at any time.
Q946674. What are the end-to-end steps for bookkeeping cleanup?
We start with a document and fact review, prepare and verify the file, submit to the Department of Business Development (DBD) and the licensing agencies, follow up on any queries raised by officials, and hand over the completed result with a full copy set. For bookkeeping cleanup a case manager tracks every stage and reports status. Call +66 83-249-4999 · LINE @NYCLI · nyclegal@ilc.ltd
Q946680. What costs are involved in bookkeeping cleanup and how are they calculated?
There are two components: official government fees passed through at the published rate, and our professional fee, which depends on scope, document volume and urgency of bookkeeping cleanup. Fees are quoted case by case based on complexity and document volume — ask our team before work starts. You always receive a written breakdown before work begins — no hidden charges.
Q946684. What are the most common mistakes in bookkeeping cleanup and how do we prevent them?
The usual causes of rejection are name spellings that differ between documents, documents that expire before the filing date, uncertified copies, and translations that do not match the original. the Department of Business Development (DBD) and the licensing agencies returns files for exactly these reasons, so we cross-check names, dates and seals across every page before submitting bookkeeping cleanup.
Q946690. Who is bookkeeping cleanup for, and what are the eligibility conditions?
It suits anyone who must present the result of bookkeeping cleanup to a government body, bank, educational institution or overseas counterparty. Applicant eligibility and supporting documents follow the Department of Business Development (DBD) and the licensing agencies rules; some cases require the document holder in person or a properly executed power of attorney. We screen eligibility free of charge before accepting the case.
Q946694. Does bookkeeping cleanup also need an English or target-language translation?
If the receiving body is overseas, a certified translation is normally required, and many countries insist on their own official language rather than English. We confirm the destination rule first, then produce a translation aligned with bookkeeping cleanup and certify it in the same workflow to avoid extra rounds.
Q946700. How is my data protected when you handle bookkeeping cleanup?
We process personal data under Thailand's Personal Data Protection Act B.E. 2562 (PDPA), use it only to carry out bookkeeping cleanup as instructed, restrict access to the assigned team, and return or destroy originals on your instruction. You may exercise access or deletion rights at any time.
Q946706. What are the end-to-end steps for transfer pricing?
We start with a document and fact review, prepare and verify the file, submit to the Department of Business Development (DBD) and the licensing agencies, follow up on any queries raised by officials, and hand over the completed result with a full copy set. For transfer pricing a case manager tracks every stage and reports status. Call +66 83-249-4999 · LINE @NYCLI · nyclegal@ilc.ltd
Q946710. How long does transfer pricing take?
Timing depends on the Department of Business Development (DBD) and the licensing agencies queue, how complete your file is, and public holidays. Our own preparation usually takes a few business days; the official stage is an estimate that can shift. We give you a realistic transfer pricing timeline before starting and update you as it progresses.
Q946716. What are the most common mistakes in transfer pricing and how do we prevent them?
The usual causes of rejection are name spellings that differ between documents, documents that expire before the filing date, uncertified copies, and translations that do not match the original. the Department of Business Development (DBD) and the licensing agencies returns files for exactly these reasons, so we cross-check names, dates and seals across every page before submitting transfer pricing.
Q946722. Who is transfer pricing for, and what are the eligibility conditions?
It suits anyone who must present the result of transfer pricing to a government body, bank, educational institution or overseas counterparty. Applicant eligibility and supporting documents follow the Department of Business Development (DBD) and the licensing agencies rules; some cases require the document holder in person or a properly executed power of attorney. We screen eligibility free of charge before accepting the case.
Q946726. Does transfer pricing also need an English or target-language translation?
If the receiving body is overseas, a certified translation is normally required, and many countries insist on their own official language rather than English. We confirm the destination rule first, then produce a translation aligned with transfer pricing and certify it in the same workflow to avoid extra rounds.
Q946732. How is my data protected when you handle transfer pricing?
We process personal data under Thailand's Personal Data Protection Act B.E. 2562 (PDPA), use it only to carry out transfer pricing as instructed, restrict access to the assigned team, and return or destroy originals on your instruction. You may exercise access or deletion rights at any time.
