TAX & ACCOUNTING SERVICES IN BANGKOK
Accounting services in Thailand
This first step consists of discussing with our clients about their business and financial situation in order to better apprehend their accounting flows and to anticipate the best steps to follow with the very best possible methods. During this phase, discussions occur between our teams and our accounting specialists. We list your expectations and figure out how to get started in order to better respond to your needs.
022. Data Collection and Records
Depending on the size of your company, each month or week, we will collect you invoices, receipts and bank statements. On our side, we proceed to a control of each of your transactions and warn you about potential lacks of formalisation or discrepancies if needed. At B-Accounting, each phase is an opportunity to advise our customers. Once these documents are collected, we record each piece in our software. Depending on your need we offer cloud based solutions. Please free to discuss about it desired.
033. Tax Filing
Your transactions are now recorded, it is now time for reconciliation and tax filings. Based on our records, your tax balances are alimented. We then produce your local tax forms to comply with tax rules. Before each official deadline, we produce your tax forms. The first are your withholding taxes filing then your VAT. The deadlines will vary according to the payment mode you will choose. E-filing tax filers, will benefit of an extension of 1 week. Payment can be done either by cheque, cash or by internet transfer.
044. Monthly Report
Once your tax & legal obligation is completed and your balance reconciliations are done, we produce your financial reports. The goal is to review and track how much money your business is earning (or not). Another purpose consists of delivering a reliable information to the stakeholders of the company (shareholders, lenders, banks, administration, etc). A healthy business is a transparent business, not knowing your figures may lead to conflicts, significant omissions or to lost opportunities to save your cost and to increase your margin.
We guarantee a top quality, professional Accountancy Outsourcing service and you will find that we tackle every task with enthusiasm, dedication and complete attention to detail
Outsourcing your accounting needs offers many significant benefits; it allows you to direct your limited resources into more productive areas for your business; it guarantees expertise in local laws and regulations; it provides continuity during times of change – mergers, acquisitions etc.
Bangkok-based B-accounting is fully conversant with International and Thai rules and regulations and we can provide a comprehensive and customized range of services designed to exactly meet your needs.
These services comprise:
Bookkeeping: recording of invoices and issuing reports, to your timescales and within your strategic guidelines.
Taxation: timely monthly filing of VAT, personal Income Tax, Social Security payments, Service Tax, and annual submissions for Corporate Tax and Corporate Income declarations. Our detailed knowledge of Thai tax laws will ensure total compliance with local timings and documentation requirements.