What is the minimum year of requirement for keeping accounting documents as a VAT registrant for Revenue Department after company is liquidated?

by panwa group | Nov 5, 2020 | 1.Services, 2.Corporate, 5.QA

Our company is VAT registrant and we are deciding to close down our company in this year. Could you please advise us how many years we should keep our accounting documents for the Revenue Department checking purpose? Panwa: Generally, the company needs to keep the...

Please advise if you could assist us for the local company search in Thailand?

by panwa group | Nov 4, 2020 | 1.Services, 2.Corporate, 5.QA

We need to check local company in Thailand and obtain business registration details including directors/shareholders/subsidiaries structure in local and English translation, please advise if you can assist for such services? Panwa: Yes of course, we can assist you to...

The company moved its address to a new address (but not yet registered for change of address at the government), thus, for this matter, if the tax invoice is issued under this new address, could the company claim VAT?

by panwa group | Nov 3, 2020 | 1.Services, 5.QA

The company moved its office location address to a new address (but not yet registered for change of address at the government), thus, for this matter, if the tax invoice is issued under this new address, could the company claim VAT? Panwa: Kindly note that the...

Please advise for the matter of increasing capital from 1 Million to 10 Million Baht by issue the new shares or increase the share of value to comply with the law?

by panwa group | Nov 3, 2020 | 1.Services, 5.QA

We are going to increase the capital from 1 million baht to 10 million baht by cash, and the bank can provide the bank certificate, which way can we use to increase the capital, by issue the new shares or increase the share of value to comply with the law?  Panwa: We...

I will do the company registration together with the VAT registration, then later on can we cancel the VAT?

by panwa group | Nov 3, 2020 | 1.Services, 5.QA

During the Covid-19 situation, I wasn’t able to come down to Thailand due to border closures, kindly let me know if we register the company with VAT now to enable me to apply for Immigrant Visa type B to come to Thailand and later after I come can we cancel VAT...

What is the minimum year of requirement for keeping VAT documents?

by panwa group | Nov 2, 2020 | 1.Services, 5.QA

The Company would like to discuss that the period of keeping VAT documents is the same as with the period of keeping accounting documents; at least 5 years or not? Panwa: Please note that According to the Accounting ACT B.E. 2543, the one who has duty to prepare the...