Impact of Inventory Shortages or Surpluses on VAT and Corporate Tax in Thailand

For VAT-registered businesses in Thailand, preparing and submitting accurate VAT reports within three business days is mandatory. Among these reports, inventory reports are legally required on a monthly or annual basis.
PKF Thailand Transparency Report 2025

PKF Thailand is pleased to present our inaugural transparency report for the year ended 30 June 2025. It provides an overview of PKF Thailand’s operations and gives insight on the ownership and governance of our firm, and our approach to maintaining high quality standards in our audit and other services.
Companies or Juristic Partnerships Lending Money and Business Tax Issues

When a company or juristic partnership lends money to another party as part of its ordinary business operations, it is required to register for specific business tax
“Royalties” Under Section 70 of the Thai Revenue Code

“Royalties” ค่าสิทธิ
Section 70 of the Thai Revenue Code
Section 70 of the Revenue Code stipulates that any payment of royalties made from or in Thailand to a company or juristic partnership established under foreign law and not carrying on business in Thailand is subject to withholding tax.
Tax Compliance

PKF can handle all your tax matters in Thailand. From business tax reporting and filing to preparation of personal income tax returns, our highly skilled CPAs will ensure they are filed correctly and on time. We will confirm that you benefit from any deductions and allowances available to you and your company to keep your […]