Accounting & Legal in Thailand

The Ultimate Guide to a Successful Financial Audit

The Ultimate Guide to a Successful Financial Audit

A financial audit is a comprehensive review of a company's financial statements and related operations to ensure accuracy, compliance, and transparency. Successfully navigating a financial audit requires meticulous preparation, a clear understanding of the audit process, and effective communication with the auditing team. Here is your ultimate guide to achieving a successful financial audit.

 How an Accountant Can Help with Crypto and Taxes

How an Accountant Can Help with Crypto and Taxes

Cryptocurrency has rapidly become a popular investment vehicle and means of transaction. However, the tax implications of dealing with cryptocurrencies can be complex, that’s why having an accountant specializing in cryptocurrency can be helpful. Here’s how an accountant can help you manage your crypto investments and taxes.

Tax Planning Strategies for High Net Worth Individuals

Tax Planning Strategies for High Net Worth Individuals

For high net worth individuals, effective tax planning is essential to preserve wealth and maximize investments. Strategic tax planning involves utilizing various methods to legally minimize tax liabilities while optimizing financial outcomes. Here are some key tax planning strategies tailored for high net worth individuals.

How to Effectively Manage Your Business Finances

How to Effectively Manage Your Business Finances

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.

The Importance of Accurate Financial Statements for Your Business

The Importance of Accurate Financial Statements for Your Business

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.

Significant Changes in Thai Personal Income Tax for Foreign-Sourced Income: Implications for Individuals and Accounting Firms

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.