by panwa group | Oct 30, 2018 | 3.Accounting-Tax
Books of Account and Statutory Record Thailand Companies must keep books and follow accounting procedures as specified in the Civil and Commercial Code, the Revenue Code, and the Accounts Act. Documents may be prepared in any language, provided that a Thai...
by panwa group | Oct 30, 2018 | 2.Corporate, 3.Accounting-Tax
Social Security Fund registration Service fee (Employer Account and Social Security Fund registration) is Baht 8,000 Other services related to Social Security Fund and Employer Registration are consisted of: Change company’s address is Baht 6,000....
by panwa group | Oct 27, 2018 | 1.Services, 3.Accounting-Tax
VAT Invoice or Tax Invoice VAT registered person or entity is required to issue tax invoices every time the transactions are made showing details of nature and value of goods sold or services provided and also amount of VAT due. Tax invoice is used as evidence for...
by panwa group | Oct 27, 2018 | 3.Accounting-Tax
VAT liability = Output Tax – Input Tax “Output Tax” is a tax collected or collectible by VAT registered person from his customers when goods or services are supplied.”Input Tax” is a tax charged by another registered person on any...
by panwa group | Oct 27, 2018 | 1.Services, 3.Accounting-Tax
VAT Refund or VAT Claim In each month, if input tax exceeds output tax, taxpayer can claim for the refund, either in form of cash or tax credit to be used in the following months. Therefore, in case of zero-rated, taxpayer will always be entitled to VAT refund. As...
