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You need to confirm your annual audit by February 15! Don't be late - the government imposes fines on late filers.

Annual audits are due by May 30 for those who have a company registered on or before December 31, 2018. It is important to note that your annual audit must be prepared by a licensed accountant and must be filed whether your company has been trading during the year or not.

We need your confirmation before February 15 2019 to give us a reasonable lead time, not only to avoid late penalties but also avoid service fee surcharges for "urgent cases", and to ensure that the deadline is kept. Failure to file your annual audit can result in fines up to 100,000 baht so be sure and contact us today to get the process started.

Our audit service package includes:
  1. Bookkeeping Data Entry (general journal & general ledger & trial balance).
  2. Required advertisements in Thai newspaper.
  3. Drafting the invitation notification letter to shareholders.
  4. Registered Mail to Shareholders and Acknowledgement and Shareholders meeting.
  5. Completing the financial statement and submitting this to the Revenue Department and the Department of Business Development.
  6. Filing corporate income tax and submitting to the Revenue Department (PND.50) together with the Annual Financial Statement & Auditor’s Report.
  7. Filing the Financial Filing Form (Sor. Borchor.3, 3/1) together with the Annual Financial Statement & Auditor’s Report to the Department of Business Development.
We will need the following documents by February 20, 2019, if you submit your documents beyond February 20 we cannot guarantee that your audit will be finished by the government deadline.
  • Income and Expenditure Account.
  • Complete Bank Statement.
  • Inventory and Stock.
  • Company Seal.
  • Lease agreement.
  • Title Deeds Copy (in case a company got one while purchasing a land).
  • Previous Years Audit Documents.
  • Half Year Report.
  • Receipts must be in the name of the company.
Please contact us today at 02-6420213 from 09.00 a.m. to 6.00 p.m., Monday to Friday or via email at [email protected]


Thailand’s e-commerce sector is the fastest growing in ASEAN, reaching 3.2 trillion baht and14 percent growth in 2018 according to the Electronic Transactions Development Agency (ETDA). Changes in consumer behavior contributed to the leap, in 2017 the value of e-commerce in Thailand was 2.7 trillion baht. The number of internet users in Thailand has tripled in the last decade and smart phone saturation growing, Thai’s spend more time on the internet than anyone else in the region. Thailand has 74 percent social media saturation. E-commerce sites continue to grow as payments online become easier. Growth is expected to top 20 percent in 2019.

The University of the Thai Chamber of Commerce reports that the Consumer Confidence Index has climbed on the back of the announcement of an election date and the return of Chinese tourists to the country. The Consumer Confidence Index in January 2019 stood at 54.5, improving for the first time in five months and spending during Valentines and Makha Bucha Day is expected to hit 6.3 billion baht. Private consumption and investment is expected to lead economic growth this year as the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) predicts economic growth at 4 – 4.3 percent this year. Exports are predicted to grow 5-7 percent and tourism arrivals are expected to continue to grow, reaching 7. 5 percent growth. The strengthening baht has increased some concerns for export growth but increased less than the Indonesian rupiah. However, foreign funds flowed into the Thai economy in January as almost half of the trades on the stock market were from foreign investors. Foreign net inflows totaled 1.5 billion baht for government bonds and 7.3 billion baht for domestic equities from January 1 to February 1.

Business News

Feb 17 2019 >> Thailand climbs up WEF Global Competitiveness ratings
Feb 10 2019 >> Thailand's e-commerce sector fastest growing in ASEAN
Feb 2 2019 >> Thailand top destination for Chinese tourists at Chinese New Year
Jan 25 2019 >> Elections expected to boost economy, attract investors
Jan 20 2019 >> Gems and Jewelry exports continue to grow
Jan 12 2019 >> Bangkok number one city in Mastercard Global Cities Index for overnight visitors
Jan 6 2019 >> Annual audits due - please book by February 15
Dec 30 2018 >> Strong economic growth in November is expected to continue through the end of the year
Dec 22 2018 >> 2G networks to be shut down next year
Dec 16 2018 >> Digital economy continues to grow
Dec 9 2018 >> Thailand's internet economy ranked second in SE Asia
Dec 2 2018 >> Immigration Department trialing new SMS notification service
Nov 25 2018 >> Exports rise 8.7 percent year on year
Nov 18 2018 >> New categories added for Smart Visa
Nov 11 2018 >> Visa on arrival fees lifted for 21 countries for 2 months
Nov 4 2018 >> Thailand in Top 30 in World Bank's Ease of Doing Business Report
Oct 31 2018 >> Government to no longer require factories submit license application annually
Oct 21 2018 >> Tourism experts warn of changing demographics
Oct 14 2018 >> Thailand tops list for Chinese tourists during Golden Week
Oct 7 2018 >> Digital assets licensing expected later this year
Sep 30 2018 >> Newsletter listings for October 1, 2018
Sep 30 2018 >> Applications for Permanent Residency now open
Sep 22 2018 >> Exporters urged to take advantage of AFTA tax incentives
Sep 16 2018 >> Thailand tops list as most popular destination for Chinese tourists in first six months
Sep 9 2018 >> Thailand "Best for People" in Conde Nast Travellers UK Readers awards
Sep 2 2018 >> Thailand fourth in tourist spending globally
Aug 25 2018 >> Young Chinese travelers seek authentic local experiences
Aug 19 2018 >> MICE visitors from China jump 35 percent
Aug 12 2018 >> New Copyright Law allows for removal of online infringment
Aug 5 2018 >> Secondary tourism destinations see strong growth from international tourists
Aug 5 2018 >> Secondary tourism destinations see strong growth from international tourists
Jul 29 2018 >> Important news for Americans on the impact of the new Emergency Decree and Work Permit requirements
Jul 22 2018 >> International tourist arrivals hit 19.48 million in first six months of 2018
Jul 15 2018 >> Thailand in top 20 nations with high innovation development potential
Jul 8 2018 >> New regulations issued regarding work permits
Jul 1 2018 >> Phuket in top ten leisure destinations in Mastercard Global Destinations Index report
Jun 24 2018 >> Commerce Ministry looks to remove five services from Foreign Business Act restricted list
Jun 17 2018 >> New business registrations up 5 percent in May
Jun 10 2018 >> New regulations for digital asset exchanges issued
Jun 3 2018 >> Ministry of Labour considers removing some occupations from restricted list
May 27 2018 >> Second airports approved for Chiang Mai, Phuket
May 20 2018 >> New business registrations reach ten year high in April
May 13 2018 >> New BOI promotion incentives added for EEC
May 6 2018 >> Cabinet retroactively extends tax incentives for juristic persons registration
Apr 28 2018 >> Value of exports hit record high in March
Apr 22 2018 >> Domestic and foreign tourism numbers up for Songkran
Apr 15 2018 >> World Bank raises GDP forecast to 4.1 percent
Apr 7 2018 >> Foreign arrivals, domestic tourism expected to grow this Songkran holiday period
Mar 30 2018 >> New banknotes and coins to be issued April 6
Mar 24 2018 >> Thailand receives 7.1 million foreign visitors in January and February

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