by panwa group | Sep 8, 2021 | 5.QA
“LC” was paid partial payment of consulting fee in amount Baht 1.27million to Consulting Company on 3 Apr 2021. Basically, Consulting Company is treating this receiving as Advance Receipt from “LC” on April 2021 report. Therefore, “LC” should follow same treatment,...
by panwa group | Sep 8, 2021 | 5.QA
I will close my company this year; do I still need to submit the PND. 51 for 2021? Panwa: No, there is no need to submit for such. And we can assist for preparing financial statement for the period of closing and the whole process for closing down both at DBD and RD,...
by panwa group | Sep 8, 2021 | 5.QA
The company has to pay the license fee every month but did not withhold the tax. In this case can deduct the withholding tax one time, at the end of the year? Panwa : Please note that you cannot deduct the withholding tax one time, at the end of the year because the...
by panwa group | Sep 8, 2021 | 5.QA
I plan to setting up a company in Thailand with 10 million capital, can you please send us specifications of the requirements of the capital that we need to prove the source of the fund? Panwa: With regards to the process of registration of the new company for the...
by panwa group | Sep 8, 2021 | 5.QA
Please note that our company doing business as below: IT services, consumed outside Thailand but invoiced from the Thai company.Later on, Investments in for example properties (possible for rent out) and other business opportunities. Anything to consider given the...
by panwa group | Sep 8, 2021 | 5.QA
Is a non-VAT registrant company mandatory to pay taxes? Panwa: Normally, consumer should pay vat when buy any goods and services which such vat can be recorded as Company’s expenses. Moreover, if you mean other taxes, when the Company had been registered, it is...
