by panwa group | Oct 5, 2021 | 5.QA
The company has to return the loan from a director with the interest. How about the tax for the company in Thailand to pay interest to foreign directors in Malaysia? Panwa : The company needs to deduct the tax 15% from the interest to pay to foreign director in...
by panwa group | Oct 5, 2021 | 5.QA
The Company borrowed the loans from bank which consist of the overseas and local bank; on this loans borrowing, we have the facility and security agent, (AB who is representative of banks to assist us to follow the conditions of loans agreements) until the loans are...
by panwa group | Oct 5, 2021 | 5.QA
I understand that you are invoicing to a foreign company – India, it is considered an export service. There is no tax on export. Please advise us why you charge 7% VAT on your services? Panwa: Please note that we provide the services here in Thailand and even we will...
by panwa group | Oct 5, 2021 | 5.QA
When the company issued sale invoice for “FOC” (Free of charge) why did the company did not record to Sale or Service? Panwa : “FOC”: Did not record the sale invoice issued for FOC (Free of charge) and delivered to the client; in case need to record under Sample...
by panwa group | Oct 5, 2021 | 5.QA
Is it possible that we would like to have many business activities under the same one company? Panwa: Kindly note that normally, it is possible to put all together the business objectives under 1 company that you would like to register, however in case in the future...