Accountancy and Business Advisory firm in ThailandAbout Us
Full range of services
Including Accounting, Tax, Payroll, and Business AdvisoryOur services
We use our network, experience, and understanding
Establishing clients’ trust through our people and valuesContact Us
We are the only global accounting firm
with an active branch in the Eastern SeaboardAbout PKF Eastern Seaboard
Value Add Statutory Audit Services for the Hospitality SectorPKF Phuket
PKF Thailand is a leading international accountancy and business advisory firm in Thailand. It is a member of PKF International's global family of legally independent firms. Based in Bangkok it has active branches on the Eastern Seaboard in Sri Racha, Pattaya and U Tapao, in Phuket and in Hua Hin.
With partners, management and staff many of whom have had extensive Big Four experience PKF Thailand has worked hard to establish itself as a firm of choice for many international and Thai clients. PKF Thailand is licensed by Thailand's SEC (Securities and Exchange Commission) to carry out audits on public listed companies.
Our combination of traditional, hybrid and unique service offerings allows us to deliver support, insight and value at each stage of your business's development cycle. We strive to give our clients highly personalised services with a strong client-centric culture.
Legal Updates: Thailand Approves New Measures to Attract Skilled and Wealthy Expats
Transfer Pricing Documentation Requirements in Thailand
According to Section 71 bis and Section 71 ter of the Thai Revenue Code, taxpayers that have related parties and earn annual revenue of at least THB 200 million are required to prepare and submit a transfer pricing disclosure form within 150 days after the year-end (the same deadline as the Corporate Income Tax return filing). In addition, tax officers may request transfer pricing documentation which taxpayers must submit within 60-120 days. Taxpayers who fail to comply or submit incomplete or incorrect documentation will be subject to a THB 200,000 fine for each such failure.
Legal Updates: Extending the Enforcement Period for Another 3 Years to Modify the Non-Qualifying Building for Hotel Business
On 6 August 2021, the Ministerial Regulations Prescribing Qualifications of Other Types of Building Used in Hotel Business Operation (No.3) B.E. 2564 (2021), issued by the Ministry of Interior, was announced in the Royal Thai Government Gazette in order to extend the period for the buildings which does not meet the requirement for obtaining a Hotel License but provides accommodation service on a short-term basis, which basically deemed to be illegal “hotel” business, to modify the building properly and to legally obtain a license to change the purpose of such building used as a hotel.