In case of do import-export business, is it compulsory to register VAT immediately?

by panwa group | Sep 17, 2021 | 5.QA

We may use your address for the registration first. But if we will do import/export trading business, whether we need register VAT now?   Panwa: Noted and please note that there is no requirement to register VAT for import/export trading business. Thus, kindly note...

VAT for providing service in local but use in overseas

by panwa group | Sep 17, 2021 | 5.QA

The company has provided service maintenance locally for the client in overseas, for the material that was imported to Thailand and then after the maintenance is completed , the company will export it back to overseas. How about the VAT for this case? Panwa : Please...

Please confirm if the tax invoice bill from the research company, can deduct from the sale VAT or not ?

by panwa group | Sep 17, 2021 | 5.QA

The Company have some service for providing online information and we did not have enough  staff to find the raw data, so, we need to hire the research company for such matter but we do not yet have income from such matter. Please confirm us that for the tax invoice...

When was E-service tax law enforced?

by panwa group | Sep 17, 2021 | 5.QA

When was the E-Service tax law effective? Panwa: The E-Service tax law was effective since September 1, 2021. For more information, please feel free to contact us:Phone: +66 2 933 9000Fax: +66 2 933 6120Email: bkk@panwa.co.th   For more information, please feel...

What are the conditions/requirements for money exchange license application in Thailand?

by panwa group | Sep 17, 2021 | 5.QA

For applying money exchange license, Can you please send us specifications of the requirements of money exchange, what all is required there- like CCTV, name board, exchange rate board etc.? Panwa: You can visit our main website:...

In case of company export to overseas and the company’s name was stated as exporter on the bill of lading, is the sale for such out of VAT scope and is the purchase VAT related to such buying of materials and its export expense can be used to claim VAT or not?

by panwa group | Sep 16, 2021 | 5.QA

For the Company doing business of printed fabric export, in case that we export the fabrics to Vietnam to sew the shirts and they will send the finished goods (shirts) to our client in the Philippines, it will mention our name as the exporter on the bill of landing....