Our Thai tax Reporting Service includes tax planning, tax returns preparation and submission to comply with the Thai Tax Laws and the Revenue Office of Thailand.

Tax reporting in Thailand is a monthly affair and due to fact that all the tax returns are in Thai language, most foreign investors will face a lot difficulties trying to do this in-house without a strong accounting team. As a result, this is where SBC Business Link will come in and assist your business so that you can focus on actually running your business to make it profitable while leaving the “chores” to us.

All of your monthly withholding tax and VAT (Value Added Tax) returns, interim and annual corporate income tax returns are prepared by our experienced Thai accountants who are closely supervised by senior Thai accountants.

Summary of When and What Should Be Filed By a Thai Company

On a Yearly Basis

• Within 28 February, file tax from PND 1 Kor with the Revenue Department. This is the return that summarizes all the employees’ income and tax withheld throughout the previous year.
• Within 4 months after the accounting year-end, hold the Company’s AGM (Annual General shareholders’ Meeting) to approve the prior year financial statements.
• Within 30 days after the AGM, the Company must file the audited financial statements and the copy of list of shareholders as of the AGM date with the Department of Business Development, the Ministry of Commerce.
• Within 150 days after the accounting year-end) file the audited financial statements and Corporate Income Tax Return (PND 50) with the Revenue Department.
• Within 2 months after the enf of first half of the Company’s accounting year, file the interim corporate income tax return (PND 51) with the Revenue Department

On a Monthly Basis

• Within the 7th of the month, file the withholding tax returns (PND 1, 3, 53 and 54 if any) of the previous month with the Revenue Department. Also VAT (Value Added Tax) return form 36 (PP 36), if any, must be filed.

A brief description of each type of form is as follows

1. PND 1 shows all the taxes withheld from the employees’ salaries.
2. PND 3 shows all the taxes withheld from the suppliers who are individuals.
3. PND 53 shows all the taxes withheld from the suppliers who are juristic persons.
4. PND 54 shows all the taxes withheld from paying the suppliers overseas.
5. PP 36 is the Value Added Tax (VAT) return that the company files on behalf of its overseas suppliers.

• Within the 15th of the month, file the monthly Value Added Tax (VAT) return (PP 30) with the Revenue Department.

• Within the 29th of the month, file the social security form “Sor Por Sor 1-10” with the Social Security Office. This form shows all the social security contribution deducted from the employees’ salaries and the contribution made by the company from the previous month.