BC Account Company Limited

Service

Accounting Services

  • We are a Thai accounting firm that believes in timely financial statements prepared in conformity with the Thai accounting standards and the Thai tax laws.
  • Thai accounting standards and financial reporting standards are announced by Thailand Federation of Accounting Professions (FAP) and correspond with the International Accounting Standards (IAS) and the International Financial Reporting Standards (IFRS). Note that non-publicly accountable entities can choose to adopt the Thai Financial Reporting Standard for Non-Publicly Accountable Entities (NPAEs).

Monthly Services

  • Post accounting transactions and prepare all related reports including the trial balance, general journal, special journal and general ledger.
  • Prepare and submit value-added tax (VAT) returns (PP.30), output and input VAT reports (including value-added tax remittance returns (PP.36)).
  • Prepare and submit withholding income tax returns (PND.1/2/3/53/54).
  • Prepare and submit specific business tax returns (SBT.40).
  • Prepare and submit social security fund forms (SPS.1-10).

Mid-Year and Annual Services

  • Prepare and submit the half-year corporate income tax return (PND.51).
  • Prepare and submit the annual corporate income tax return (PND.50).
  • Prepare and submit withholding personal income tax returns (special) (PND.1 Kor).
  • Prepare and submit the form that the Social Security Office estimates the amount of workmen’s compensation fund contributions (Kor Tor 26 Kor).
  • Prepare and submit the accounts submission form for the company to fill out the total figure of the previous year’s payroll (Kor Tor 20 Kor).
  • Prepare and submit the list of shareholders (Bor Or Jor.5).
  • Publish in one of the local newspapers for invitation for annual shareholder’s meeting to approve the financial statements.
  • Prepare the financial statements, coordinate and liaison with external auditor.
  • File the audited financial statements via the Department of Business Development E-Filing system.

Other Services

  • Sign off Company’s Thai accounting books by our qualified (registered) accountant, as required by Thai Accounting Law.
  • Physical inventory count.
  • Stock card report.
  • Inventory report.
  • Payroll and tax calculation.
  • Payroll register.
  • The year-end withholding tax certificate (50 Tawi), detailing the total amount of your salary, taxes and social fund deductions for the said tax year.
  • Accounting system and internal controls advice.

Audit and Assurance Services

  • The auditor is certified auditor upon being granted a license by the Federation of Accounting Professions.
  • Statutory audits and reviews of financial statements regulated by regulatory bodies.
  • Audits and reviews of reporting packages.
  • Reviews of prospective financial information and budgets.
  • Audits for other special reports.
  • Internal control reviews and advice.
  • Agreed-upon procedures engagements.

Business Registration and Related Services

Department of Business Development

  • Company registration / limited partnership registration.
  • Commercial registration.
  • Modify memorandum of association.
  • Modify company’s regulations.
  • Change in board of directors.
  • Change in the authorised directors.
  • Change in head office and/or branches.
  • Change in company’s stamp.
  • Close and liquidation registration.

Revenue Department

  • VAT registration.
  • Specific business tax registration.
  • Register for online tax filing.
  • Request for using cash register.

Social Security Office

  • Employer registration.
  • Insured person registration.
  • Register for online transaction filing.

Tax Services

  • Direct Tax
    • Personal income tax.
    • Corporate income tax.
    • Withholding tax.
  • Indirect Tax
    • Value added tax.
    • Specific business tax.
    • Stamp duty.
  • Tax planning for startup business.
  • Dealing with tax authorities.
  • Tax advice.
  • Tax risk review.

Business Consultant

We offer outsourced accounting and tax compliance services in response to the growing needs of clients-especially those starting a business in Thailand. With comprehensive services, professionals with extensive experience of delivering consistently high standards of service, we believe we are the clear choice of accounting and tax outsourcing partner available to assist in reducing time, operating costs and risk.