Please advise if you have 3 million registered capital with the business objective of providing a food and beverage consulting company for shelf company?

by panwa group | Nov 11, 2020 | 3.Accounting-Tax, 5.QA

I’m looking to buy with my Thai wife a company in Thailand with a 3 million Baht capital. We are providing a food and beverage consulting company.We do have an address in Thailand, please advise us if you have any company that was registered with 3 million...

If the Company did for deduction of withholding tax and filing on behalf of payer/customer, what evidence for Company income tax credit can the company use?

by panwa group | Nov 11, 2020 | 3.Accounting-Tax, 5.QA

If the Company have processed the deduction of withholding tax and filing on behalf of the payer/customers (juristic person), what  evidence for Company income tax credit can the company use? Panwa: Please note that the Company can use the copy of withholding tax...

Pleasee advise if the Company would like to process the deduction of withholding tax and filing on behalf of the payer (juristic person) ?

by panwa group | Nov 11, 2020 | 3.Accounting-Tax, 5.QA

The Company would like to process the deduction of withholding tax and filing on behalf of the payer (juristic person) due to the Company have many customers which have many payment ways to Company ( such as internet-banking, mobile-banking etc.) and it creates many...

Please advise if an employee receive a monthly salary of THB 30,000 won’t be withheld tax until he/she works for the company for 5 months (if not consider allowance deduction here)?

by panwa group | Nov 10, 2020 | 3.Accounting-Tax, 5.QA

Based on the THB150,000 tax threshold, does it mean that an employee having a monthly salary of THB 30,000 won’t be withheld tax until he/she works for the company for 5 months (if not consider allowance deduction here)? Panwa : Yes,  you understood correctly,...

Before we are closing down the company, I’d like to know how much it is you charge to close a dormant Ltd company?

by panwa group | Nov 10, 2020 | 1.Services, 5.QA

My friend had a company registered in Thailand, it no longer makes money and it wasn’t made public. It’s a small company with a few shareholders and he’s looking for a simple and inexpensive way to close it. It’s just a simple LTD company....

The company would like to inquire if the compensation gave to the director (who passed away) can be taxale expenses or not?

by panwa group | Nov 10, 2020 | 3.Accounting-Tax, 5.QA

The company’s director died (total working with Company 20 years) and the resolution shareholders meeting have approved to pay the compensation in amount of Baht 20 million to his family and heir to thank him for his work.  The Company would like to inquire if that...