The Company would like to discuss that the period of keeping VAT documents is the same as with the period of keeping accounting documents; at least 5 years or not?

Panwa: Please note that According to the Accounting ACT B.E. 2543, the one who has duty to prepare the accounting should keep the accounting documents at least 5 years (since the date of closing accounts or until provide the account document) but it is not over than 7 years for audit benefit. For the VAT documents, the registrant should keep it at least 5 years since the date of filing VAT return or the date of preparing VAT report depend on each case and in the case of approved consideration, the Director-General of Revenue Department can determine to keep more than 5 years, but it should not be over more than 7 years according to Revenue Department Code section no. 87/3. Thus, we provide for company documents storage services cases of your company is closed (liquidated) or still in the operation please click here. 

 

For more information, please feel free to contact us:

Office: +66 2 933 9000
Whats'App: +66 8 5713 1000
Email: bkk@panwa.co.th

Location: https://goo.gl/maps/MhJsbjkPrji51Qyt6
Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.

Address: 1560 Latphrao Road, Wangthonglang, Bangkok 10310, Thailand.