Accounting & Tax

End-of-Year Audit Service (Thailand)

We support Thai and foreign-owned companies with end-of-year audit preparation and coordination with licensed Thai CPAs, ensuring audited financial statements are ready for DBD filing and tax compliance.

End-of-Year Audit Service (Thailand)

Who is it for / Suitable for

01

Thai limited companies required to submit audited financial statements.

02

Foreign-owned companies operating in Thailand.

03

Companies registered for VAT or employing staff.

04

Dormant companies still required to file annual accounts.

05

Businesses preparing for tax filing, BOI compliance, or shareholder reporting.

Key Requirements

01
Financial statements must be prepared in accordance with Thai Accounting Standards (TFRS).

02
Audit must be conducted by a licensed CPA in Thailand.

03
Accounts must be approved by shareholders (AGM or written resolution).

04
Audited statements must be filed within statutory deadlines.

Clients need to provide the following information / documents

Document Name

Notarized

01
Company Affidavit & BOJ5

Latest DBD-issued documents

No

02
Trial balance / general ledger

Full fiscal year

No

03
Bank statements

All accounts for audit period

No

04
Sales & purchase invoices

Supporting documents

No

05
VAT filings (PP30/PP36)

If VAT registered

No

06
Withholding tax filings

PND forms

No

07
Fixed asset register

Asset schedule & depreciation

No

08
Payroll & SSO records

If employees exist

No

09
Prior year audited financial statements

For comparison

No

Average Processing Time

2–4 weeks

2–4 weeks, depending on record completeness and business complexity.

What you would get when the application is complete

01
Audited Financial Statements (Thai & English, if required)

02
Independent Auditor’s Report

03
Management Letter (if applicable)

04
Documents ready for DBD and Revenue Department filing

On-going Compliance Requirements

To remain compliant after the audit:

01
Annual filing of audited financial statements with DBD

02
Corporate income tax filing (PND 50)

03
Ongoing bookkeeping and record retention

04
Annual shareholder approval of accounts


Government Agencies Involved

Government agencies involved / overseeing this service:

01
Department of Business Development (DBD)

Receives audited financial statements.

02
Revenue Department (RD)

Reviews statements for tax compliance.

03
Federation of Accounting Professions (FAP)

Regulates CPAs and audit standards.

Thanks SiamBusinessLaw to helping us draft a strong agreement and help us see through the case until we have an absolute win case. Appreciate your patience and professionalism

Your law firm handles our case very well and professional. Your regular updates allow us a peace of mind an dmake us feel like we are cared for. Your professional advise gave us a peace of mind too.

Your Burmese team is legit. They gave us the attention and respect we have long missed. We appreciate your work to help us get started properly here in Thailand.

Thank you for assisting us with our case with the Thai Revenue Deparment. We are satisfied with the outcome and we think it is fair.

Your due diligence work for our M&A is done with utmost care and accuracy. It's rare to see such work done by a legal firm in Thailand.

Consult With Our Corporate Advisory Team

Our team is ready to guide you through the full process. Reach us on WeChat or WhatsApp.

Get Started

Schedule a discovery call to discuss your transformation goals.

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