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...
by panwa group | Oct 5, 2021 | 5.QA
When the company issued sale invoice for “Deposit 50%” why did the company not record under Sale or Service? Panwa : “Deposit 50%”: need to record to “Advance received” first when the company issued sale invoice for the Deposit but did not deliver the goods to the...
by panwa group | Sep 28, 2021 | 5.QA
We have inquiries regarding withholding tax as below, please advise.1) How do we treat WHT that is deducted by our customers from our sales invoices?2) Can you tell me how we must treat this in our bookkeeping?3) And do we need to pay this amount to the tax...
by panwa group | Sep 28, 2021 | 5.QA
Our company is a newly established company in Thailand. Do we need to request to have the tax ID card and how do we apply to get it? Panwa: No, the company does not need to request to have the tax ID card. Since February 1, 2012 (B.E.2555), the company that was...
