+66 2 933 9000 , WhatsApp: +66 81.919.6225 bkk@panwa.co.th

Company’s accountant for DBD and RD

The company have accountant; however, she is not a registered. Could we use her name to register as company’s accountant on the DBD and RD system?   Panwa: No, she has to registered first then your copany can use her name. For further detail on how to register...

VAT liability for lost inventory

The company registered VAT and for our company’s inventory this month, some products were lost. Please advise what to do?   Panwa: For the lost products, the company must submit the VAT by using the product’s selling price. For more information,...

Gift for customer and company’s taxable expense

Our company received some requests from customers for gifts for their company functions. Will there be any issue if we buy gifts for donation purpose to them and is there limitation in terms of amount or type of gift that can be purchased?   Panwa: The cost of...

Personal income tax for reimbursement

The company will have to pay the reimbursement to the employees for the petrol, food, accommodation when the employees have to travel to upcountry in Thailand or if in overseas for working. We would like to know that if it will be considered as their income for the...

VAT subsidy amount from parent company

​We are subsidiary company in Thailand of our parent company in Malaysia. We do business of beverage trading, and we are experiencing more losses this year due to the consumer trend is changing. So, our parent company give us the subsidy amount of USD 0.1 million (it...