Prepare monthly and annual financial statements in full compliance with Thai Accounting Standards. Our deliverable outputs include but are not limited to, Profit and Loss, Balance Sheet, General Ledger, Trial Balance and Details of Accounts.
Prepare relevant tax filings to ensure your company stays at full compliance with local laws. The filings include, among others, Withholding Tax, Value Added Tax, Corporate Income Tax.
We can also provide support for management accounting, management reports and various forms of financial analysis to support your internal management decisions or communicate with your group companies. Budgeting and Forecasting services are also available for any businesses or projects you may have.
Through our Auditing partner, BizWings Audit (Thailand) Co., Ltd., we can provide financial statement auditing service for a limited company, registered partnership, branch, representative office, regional office of a foreign corporation, joint venture or BOI promoted companies according to Thai Accounting Standards.
With a managing director who is a Thai CPA with over 20-years of experience in Accounting and Auditing, combined with the communication support from our BizWings’ team, we can make your auditing process as smooth as possible.
We support establishment of both normal businesses as well as the BOI-Promoted businesses.
Support for foreign business license acquisition for specialized businesses.
Registration of your business to relevant government offices such as the Revenue Department, Social Security Office, among others.
Visa & Work Permit Declaration
Support for acquiring the appropriate type of Visa for Expats and their families from their home country.
Support for Visa Extension for above Expats and families in Thailand
Acquisition / Extension of work permit for Expats working in Thailand
Support for all relevant tasks related to Visa and Work Permit matters in Thailand
Smoothen your calculation process by providing accurate calculation information for Tax and Social Security Funds in Thailand for all employees.
Regular updates on calculation methods to keep up with relevant laws in Thailand.
Acquiring required information, such as Tax ID and Social Security ID, from relevant government offices.
Monthly and annual reporting to relevant government offices for below tasks:
New Employment / Resignation Notification to Social Security Office,
Monthly Reports for payment of Salary and Withholding Tax (PND.1),
Yearly Report for payment of Salary and Withholding Tax throughout the year (PND.1Kor),
Monthly Reports for payment of Salary and Social Security Funds (SPS.1-10),
Yearly Report for payment of Salary and Social Security Funds throughout the year (KorTor.20 Kor)
Other documents as required.
Personal Income Tax Return
We offer support for acquiring required documents as well as calculations for the submission of Personal Income Tax Return to the Revenue Department at the start of each year.
BUSINESS MANAGEMENT SUPPORT
Preparation of Management Reports for Parent Company
We can prepare financial management reports required by parent company abroad for both statutory and managerial purposes.
Cash Flow Management
We can support your cash flow management with our deep understanding of your business landscape and our strong financial modeling capabilities.
We can conduct internal audit tailored to your management requirements. We will not only evaluate the efficiency of your current workflow, but also provide practical advice on how to improve it.
Financial and Tax due diligence
We know that a deep understanding of potential targets for M&A deals is crucial in order to lead it to success. Our tailormade accounting and tax due diligence will support you to achieve success in the deals.
EXPANSION WITHIN THAILAND
Feasibility Study Support
We understand that starting up or expanding a business takes immense risk. Our feasibility study can help you explore your options and expose any risks involved so that you can make the safest decisions.
Researches on local Laws and Regulations
With constantly updating laws and regulations, keeping up with the latest information can be a tedious task in Thailand. We can help you keep up to date on any relevant laws or regulations through our Thai experts.
Business Plan Formulation
Careful planning is required for any business to be successful. However, in this constantly shifting business world, the factors to consider are endless. We can help you formulate this complex flow of information into a single manageable report.
Local Market Research
Our experts can gather the most accurate and recent information to support your needs in running a business. Our team diversity enables us to conduct research from multiple angles to provide you a more comprehensive report.
Acquisition and Analysis of Financial Statements of Local Joint Ventures and Business Partners
We will help you keep track of your performance and explore any issues or challenges facing your company, offering solutions if required.
Japanese, English, and Thai Translations
Our knowledgeable and diverse staff will handle all of your translation needs.
As an independent member of TGS Global, we BizWings have a global network to support your aspiration to make your business happen beyond Thailand.