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Accounting Period

Accounting period and how to change the accounting period in Thailand An accounting period must be 12 months. Unless the Articles of Association state otherwise, a newly established company should close accounts with 12 months of its registration. Thereafter, the...

Book of Accounts and Statutory Records

Books of Account and Statutory Record Thailand   Companies must keep books and follow accounting procedures as specified in the Civil and Commercial Code, the Revenue Code, and the Accounts Act. Documents may be prepared in any language, provided that a Thai...

Statutory Meeting for company registration

​Statutory Meeting   Once the share structure has been defined, a statutory meeting is called, during which the following are determined: Adoption of the Articles of Association (by-laws). Ratification of any contracts entered into and any expenses incurred by...

Work Rule by Employer Thailand

Employer’s work rule (work rule article) and its submission   The company or employer who has 10 or more employees shall determine work rule comprising of conditions, at least, according to subsection (1) – (8) of Section 108 of the Labour Protection...