Learn more about Accounting for companies in Thailand

Accounting services for companies in Thailand: Why they matter and how we support you

Running a company in Thailand comes with important legal responsibilities, especially when it comes to accounting and tax compliance. No matter the size of your business, proper bookkeeping and timely reporting are essential to operate smoothly and avoid penalties. Understanding the basics of Thai accounting standards—and choosing the right support—will help your company stay compliant, organised, and ready for growth.

Why accounting is essential

Thailand requires all registered companies to maintain accurate financial records and submit regular reports to the government. This includes monthly bookkeeping, tax filings, payroll, and annual audits. These obligations apply whether the company is actively operating or not. The accounting system must follow Thai Financial Reporting Standards, and all filings must be made in accordance with both the Revenue Department and the Department of Business Development.

Proper accounting is more than just a legal requirement. It provides a clear overview of your company’s financial health, helps you plan budgets, supports visa and work permit applications, and ensures that your business remains in good standing with Thai authorities. Accurate records also protect you during inspections and make future transactions, such as selling the company or applying for financing, much smoother.

What companies must do

Every company in Thailand must keep updated books and submit mandatory monthly reports. This includes income and expense records, withholding tax submissions, VAT filings (if applicable), and social security payments for employees. At the end of each fiscal year, a company must also prepare financial statements and have them reviewed and audited by a licensed auditor. These audited statements must then be submitted to government authorities within the official deadlines.

Even companies with little or no activity must still submit their monthly and annual filings. Failing to do so can lead to fines, complications with visas, or even the suspension of the company.


How we help you with accounting

We offer a complete accounting service designed to keep your company fully compliant while giving you peace of mind. Our team manages your monthly bookkeeping, prepares and submits all required tax reports, and handles your year-end audit and financial statements. We ensure that everything is submitted correctly, on time, and according to Thai regulations.

We also provide payroll services, including social security filings and salary tax calculations. For companies seeking foreign staff, we make sure your financial records support work permit and visa requirements. If your business ever receives requests or checks from the Revenue Department, we assist with communication and documentation to resolve issues smoothly.

Our goal is to make accounting easy for you, so you can focus on running and growing your business. With reliable reporting, clear communication, and a strong understanding of Thai regulations, we support your company throughout the entire year.