by panwa star | Nov 25, 2025 | 5.QA, ไม่มีหมวดหมู่
Q: How long does an accounting period last? Panwa: In Thailand, an accounting period normally covers 12 months. However, in some cases it may be less than 12 months, such as for a newly incorporated company or partnership, which may set its first accounting period...
by panwa star | Nov 17, 2025 | ไม่มีหมวดหมู่
Are annual financial statements mandatory? Panwa: Yes. Annual financial statements are mandatory in Thailand for all registered juristic persons and for foreign juristic persons operating in Thailand. They must be prepared, audited by a licensed auditor, and filed...
by panwa star | Nov 11, 2025 | 5.QA, ไม่มีหมวดหมู่
What is the withholding tax rate for rent and service payments? Should the withholding tax be calculated before or after VAT? Panwa: Rent payments are subject to 5% withholding tax, while service fees (such as furniture, water, electricity, and parking fees) are...
by panwa star | Nov 7, 2025 | 5.QA, ไม่มีหมวดหมู่
I would like to know that in Thailand, they have the requirements for local director or not? Also, is the appointment of a company secretary mandatory? If so, can these be arranged through your services? Panwa: Please note that appointing a local Thai director is not...
by panwa star | Nov 7, 2025 | 5.QA, ไม่มีหมวดหมู่
What income must be submitted with PND.94 return (personal half-year income tax)? Panwa: Please note that the categories of income required to be reported in the half-year personal income tax return (Form PND.94) are as follows, according to Sections 40(5)–(8) and 56...
