Books Closed. Filings Filed.
Accounting and Tax Compliance in Thailand for Thai and Foreign Owned Companies
Thai accounting and tax move in the same rhythm – entries, close, VAT, withholding, corporate income tax. We run them together so your books are audit-ready and the Revenue Department never has to chase you.
Starting price
- Accounting, Tax & VATFrom ฿25,000
Per month, up to 100 transactions · Above 100 transactions, bespoke pricing
TWO HALVES, ONE OPERATION
Bookkeeping and tax – managed as one workflow.
When your books and your tax filings live in the same operation, period close becomes a checkpoint instead of a fire drill.
Books
Trial balance
- Cash & bank฿2,640,000
- Accounts receivable฿485,200
- Inventory฿312,800
- Fixed assets฿1,180,000
- Total assets฿4,618,000
Tax
Filings queue
- PP.30VAT returnFiled 15 Oct · monthlySubmitted
- PND.3Withholding · individualsFiled 7 OctSubmitted
- PND.53Withholding · companiesFiled 7 OctSubmitted
- PND.51Mid-year corporateDue 31 AugScheduled
- PND.50Annual corporateDue 31 MayScheduled
REAL-TIME REPORTING
See where your business stands on the day it stands there.
P&L, balance sheet, and cash position – current to the most recent closed period, not a quarter behind.
Profit & loss
October 2024
- Gross margin
- 52%
- vs Sep
- +8.4%
- YTD net
- ฿6.42M
What we handle
Six disciplines, one team. From the first journal entry to the last tax submission, every part of your financial cycle is covered.
- 01Books
Bookkeeping
Daily and weekly journal entries, bank and credit card reconciliations, and a clean general ledger you can trust.
- 02Close
Month-end close
Accruals, prepayments, depreciation, FX revaluation, and balance sheet review – finished on a predictable schedule.
- 03Reporting
Financial reporting
P&L, balance sheet, and cash flow delivered monthly with management commentary. Annual statements ready for audit.
- 04VAT
VAT returns (PP.30)
Monthly VAT computation, input tax matching, supplier invoice review, and PP.30 submission via Revenue Department e-Filing.
- 05CIT
Corporate income tax
PND.50 annual return and PND.51 mid-year filing prepared from your financials, with deductible reviews and BOI considerations.
- 06WHT
Withholding tax
PND.3 and PND.53 prepared from supplier transactions every month, with WHT certificates issued to vendors on request.
THE RULES WE WORK TO
What Thai law requires of a limited company's books
Four obligations sit behind every year-end close. We build the monthly books around them so the annual filings are a formality.
Accounting Act B.E. 2543
A Thai limited company has a legal duty to keep accounts (section 8) and to prepare financial statements for every accounting period (section 11).
CPA audit every year
A limited company's financial statements must be audited and signed off by an authorized auditor (CPA) under section 11. The Act's audit exemption applies only to small Thai registered partnerships below thresholds set by ministerial regulation, not to limited companies.
PND.50 within 150 days
The annual corporate income tax return (PND.50), with the audited accounts, is due within 150 days of the last day of the accounting period under Revenue Code sections 68 and 69.
Financial statements to the DBD
Once shareholders approve the audited financial statements at the AGM, the company submits them to the Department of Business Development within one month (section 11).
Thailand tax filing calendar 2026, at a glance
The Revenue Department's deadlines repeat every month and every year. This is the summary Settlr Global tracks against for every client, with e-filing extensions where they apply.
- 7th
- PND.1
- PND.3 / PND.53
- 15th
- PND.1e-filed
- PND.3 / PND.53e-filed
- PP.30
- Social security
- 23rd
- PP.30e-filed
| Form | Frequency | Due date | Covers |
|---|---|---|---|
| PND.1 | Monthly | 7th (15th if e-filed) | Withholding tax on employment income |
| PND.3 / PND.53 | Monthly | 7th (15th if e-filed) | Withholding tax on payments to individuals and companies |
| PP.30 | Monthly | 15th (23rd if e-filed) | VAT return on sales and purchases |
| Social security | Monthly | 15th | Employee and employer SSO contributions |
| PND.51 | Annual (half-year) | Within 2 months of half-year end | Mid-year corporate income tax estimate and payment |
| PND.50 | Annual | Within 150 days of fiscal year end | Annual corporate income tax return |
| Kor Tor 11 | Annual | End of February | Annual summary of employee salaries and withholding |
| Audited financial statements | Annual | Within 5 months of fiscal year end | Filed with the DBD within one month of the AGM |
PND.1
PND.3 / PND.53
PP.30
Social security
PND.51
PND.50
Kor Tor 11
Audited financial statements
Deadlines shift when they fall on a weekend or public holiday. Settlr Global's platform tracks the exact date for your fiscal year and files ahead of the deadline, not on it.
SWITCHING PROVIDERS
Moving your books to Settlr Global, without a gap in filings
Most SMEs switch accountants mid fiscal year, worried about losing continuity. Here is exactly how the handover works so no filing is ever missed in the transition.
Share access and historical records
You grant read access to your current bookkeeping file (or export it) plus the last 12 months of filed PND and PP.30 returns, bank statements, and the latest audited financials.
Settlr Global reconciles the opening balance
Our team rebuilds the trial balance from your existing records and reconciles it against bank statements and prior filings before touching anything new.
We confirm filing status with the Revenue Department
We verify there are no outstanding filings, penalties, or open queries on your tax ID before assuming responsibility for the next filing cycle.
Your next deadline is covered on our calendar
Whichever filing is next due (PND.1, PP.30, or PND.50), it goes onto the Settlr Global platform calendar immediately, with the current provider's numbers as the baseline.
Old provider is notified and offboarded
We coordinate a clean handover date with your outgoing accountant so there is no double-filing, no missed month, and no ambiguity about who owned which filing.
Typical handover takes 1 to 2 weeks and can start at any point in your fiscal year.
Numbers you can defend
How we keep your accounting and tax operation steady – so audits, board meetings, and Revenue Department reviews are non-events.
Audit-ready records
Every entry traced to a source document. When the auditors arrive, the package is already prepared and the supporting files are linked, not scattered.
Real-time numbers
Books are closed within five business days of period end. You see this month's revenue and margin while it still matters, not after the next quarter is half over.
Zero missed filings
Every PP.30, PND.50, PND.51, PND.3, and PND.53 tracked against statutory due dates. Penalties and surcharges never land on your desk.
Questions
Before you file
What is the corporate income tax rate in Thailand?
The standard corporate income tax rate is 20 percent of net profit. Qualifying SMEs pay 0 percent on the first 300,000 THB, 15 percent up to 3 million THB, and 20 percent above that. BOI promoted companies can receive corporate income tax holidays of up to 13 years depending on activity.
When do I need to register for VAT in Thailand?
VAT registration is mandatory once annual revenue exceeds 1.8 million THB. The standard VAT rate is 7 percent, and registered companies file the PP.30 return monthly by the 15th of the following month (23rd if e filed). Settlr Global handles registration and every monthly filing.
Ready to put your accounting and taxon rails?
Join finance teams who trust Settlr Global for bookkeeping, month-end close, VAT, corporate income tax, and withholding tax – all in one operation.