Author: admin
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Register with Department of Business Development (“DBD”) in Thailand
The Department of Business Development (DBD), part of Thailand’s Ministry of Commerce, oversees the registration and documentation of businesses in the country. The DBD Data Warehouse is an online platform offering detailed information on Thai legal entities. The registration businesses are the following; Type of Business Local Private company • No Limit capital. • …
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Foreign Business License (FBL) holding companies
The Foreign Business License is a permit that allows foreign nationals to operate businesses in sectors that are normally restricted to foreign investors under the Foreign Business Act (FBA). Unlike BOI companies that get lots of benefits, FBL companies are usually subject to more restrictions than regular private companies.
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Register with Department of Business Development (“DBD”) in Thailand
Companies that are promoted by Thailand’s Board of Investment can have the majority or 100% foreign ownership, depending on the industry and the specific incentives granted by the BOI. This includes a 100% foreign-owned company operating in Thailand whilst having several advantages such as tax reductions, as well as not capital and staff limited number…
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Corporate Income Tax
Taxable profit Thai Company Net profit generated globally Foreign Company with PE in Thailand Net profit generated in Thailand Foreign Company with no PE in Thailand Service Fees, Dividends, Rental, Interest Small company with net profit not exceeding 0.3m Baht Exempt Small company with net profit between 0.3m and 3M Baht 15% Small company with…
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Tax Compliance and Filling
Types of tax Document Reference Submission Requirement Withholding Tax – PIT PND 1 Within 7 days of next month Withholding Tax – Individual PND 3 Within 7 days of next month Withholding Tax – Companies PND 53 Within 7 days of next month VAT 7 % PP 30 Within 15 days of next month Social…
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Singapore Services Available
We joined with TKNP International accounting services to provide accounting services and much more wide range of services.Contact us through email or phone call.
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Looking for Accounting firm Consulting services
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Competency Business Solutions (CBS) is here for you as your business provider Accounting firm Consulting services.Please contact us through our contact form by the link below.
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Myanmar Accounting Firm
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Competency Business Solution is setup to provide business services from start up to your long term business growth with professional skills and best advises.We are a myanmar accounting firm “Competency Biz“.
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One of the accounting firm in Myanmar
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K & A was reformed as Competencybiz in Oct 2021. We aim to provide more service and support to our client’s business growth. Competency Business Solutions