by panwa group | Aug 12, 2019 | 5.QA
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,...
by panwa group | Aug 12, 2019 | 5.QA
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...
by panwa group | Aug 12, 2019 | 5.QA
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...
by panwa group | Aug 12, 2019 | 5.QA
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...
by panwa group | Aug 12, 2019 | 5.QA
In case the company already got the license (FBL license) and the company need to loan the money to operate the business, could the company loan or not? Panwa: Yes, can, but the loan amount must not exceed the proportion of one part capital/remitted foreign...
by panwa group | Aug 12, 2019 | 5.QA
If I would like to register the company and own 100% by foreigners, how long will it take to complete all the process? Panwa: If in case you would like to own by majority 100% foreigner after register the company already and before you can do the business, you need to...
