accountants and business advisers
News - 12 11 2018
The EU’s new General Data Protection Regulation, known as GDPR, requires businesses to capture and manage customer data in entirely new and complex ways. It requires that they interact with clients according to very specific and time-consuming requirements and are sensitive to their privacy rights and freedoms. But this creates some unique challenges for the hospitality industry.
Recently, PKF Integrity was engaged to conduct due diligence enquiries into the backgrounds of four directors who were collectively investing US$10 million, through a joint venture agreement, into our client’s manufacturing plant. What interesting facts were uncovered despite warm and fuzzy paperwork?
News - 18 10 2018
PKF is proud to announce that it has been added to the prestigious list of Audit firms in Thailand that are approved by the Stock Exchange of Thailand to audit Listed clients or those which are looking to perform an Initial Public Offering (IPO).
News - 08 10 2018
Continuing our journey towards Thailand 4.0, our regular round-up from around the world about cybercrime events from September including information from a report by RiskIQ that calculated that $1 million is lost every minute to cybercrime.
News - 11 09 2018
As Thailand continues its journey towards Thailand 4.0, our regular reminder that the more valuable our information and connections are on-line, the smarter the attacks and the more sophisticated the prevention that is required.
The Royal Thai Government has initiated a deregulation program to improve the ease of doing business in Thailand. Thailand has 5,000 Legal Acts, 20,000 Ministerial Regulations/Royal Decrees and over 100,000 Ministerial Rules/Announcements, a great number of which relate to doing business in Thailand. A team of 30 lawyers and 30 economists have been working through these with the intention of streamlining them – eliminating unnecessary regulations and simplifying others. Here we tell you more about the Phases.
Proposed new transfer pricing law expected to be enacted within 2018 and take effect starting on or after 1 January 2019. These changes to the Thai Revenue Code will help to bring Thailand more in line with global standards.
News - 10 08 2018
During the last week of July, 2018, two major Thai high-street banks were hacked. As Thailand continues to become more connected and we continue our journey towards Thailand 4.0, attacks will become smarter as the value of the data the attackers can access becomes higher. As always, prevention is better than cure.
The association of certified fraud examiners, a global organisation dedicated to fighting fraud and corruption within organisations has recently released its 2018 report to the nations on occupational fraud and abuse. This report, a survey of in excess of 1500 organisations globally affected by fraud, once again points out the need for organisations to focus on the prevention of fraud.
There is constant feedback from businesses in Thailand about the lack of digitization as it relates to company set-up, work permits, performing accounting, and dealing with tax and customs, amongst many others. We look at best practice from around the world in these areas. In this edition – how the UK seeks to become “a world leading digital tax authority”.
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