Managing your business finances effectively is crucial for sustainability and growth. Whether you're a startup or an established enterprise, financial management practices can make the difference between success and struggle. Here are essential strategies to help you navigate the complexities of business finance.
Accounting & Legal in Thailand
Financial statements are an essential part of any business, providing an overview of its financial health at a given point in time. In this article you will learn that these documents are not just mandatory filings for regulatory purposes, they are critical tools for decision-making, planning and assessing performance.
The Thai Department of Revenue has issued Departmental Instruction No. Paw 161/2566, which introduces substantial changes to the taxation of personal income derived from foreign sources. Effective from January 1, 2024, this new tax regulation has far-reaching implications for Thai taxpayers earning income from overseas employment, business, or property, as well as for accounting firms managing such income.
