by panwa group | Oct 29, 2018 | 1.Services
Registered Address Service in Thailand Address for Company Registration, personal and other business entity in Thailand. Panwa offers a comprehensive registered address service for companies, individuals, and other business entities in Thailand. Our services support...
by panwa group | Oct 27, 2018 | 1.Services, 3.Accounting-Tax
VAT Invoice or Tax Invoice VAT registered person or entity is required to issue tax invoices every time the transactions are made showing details of nature and value of goods sold or services provided and also amount of VAT due. Tax invoice is used as evidence for...
by panwa group | Oct 27, 2018 | 3.Accounting-Tax
VAT liability = Output Tax – Input Tax “Output Tax” is a tax collected or collectible by VAT registered person from his customers when goods or services are supplied.”Input Tax” is a tax charged by another registered person on any...
by panwa group | Oct 27, 2018 | 1.Services, 3.Accounting-Tax
VAT Refund or VAT Claim In each month, if input tax exceeds output tax, taxpayer can claim for the refund, either in form of cash or tax credit to be used in the following months. Therefore, in case of zero-rated, taxpayer will always be entitled to VAT refund. As...
by panwa group | Oct 27, 2018 | 1.Services
VAT Registration (Value Added Tax, Sales Tax or GST) (To apply to The Revenue Department Thailand) Any person or entity who is liable to VAT in Thailand must register to be VAT registered person or entity (Form VAT 01) before the operation of business or within 30...