Accounting & Annual Audit Obligations
Under Thai law, all legal entities registered in Thailand have a legal obligation to prepare and keep accounts and file an annual audit.
Financial Statements
Prepare within 12 months from establishment. Submit PND 50, financial statements, and BOJ 5.
Withholding Tax
If subject to payments, submit PND 3 and PND 53 in the following month.
Social Security
Register with SSO. Submit PND 1 if monthly salary exceeds 25,000 THB.
VAT Compliance
Mandatory if income > 1.8M THB. Submit form Por.Por.30 every month.
For Tax (Important Deadlines Checklist)
| Requirement | Deadline | Frequency |
|---|---|---|
| VAT (Por.Por.30) | By the 23rd next month | Every Month |
| WHT (PND 3, 53) | By the 15th next month | Every Month |
| PND.51 (Half-year) | Within 2 months from end of first 6 months | Annually |
| PND.50 (Annual) | Within 150 days from end of accounting period | Annually |
| Financial Statement | By 30 April of each year | Annually |
# Reporting To the Department in time to avoid penalty
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