When do you need a work permit?
You will need a work permit as soon as you engage in work by “exerting energy or using knowledge whether or not in consideration of wages or other benefits “. Of course if you just come into Thailand to negotiate a contract with a Thai [...]

Filing Corporate Income Tax for your villa
As a Thai company, if your fiscal year (accounting period) is based on the calendar year, you have to file corporate income tax within 150 days after year end no matter whether you have any income or expenses in your business during the year or [...]

It’s CIT time again
Any Thai company subject to corporate income tax (CIT) is required to file a half-year tax return by estimating its annual net profit and its tax liability; and must pay half of the estimated tax amount within two months of the end of the first six months of [...]

VAT’ how to do it
I have heard that many small businesses in Phuket – particularly restaurants and bars – are now being invited by the local tax officers to register for VAT. Therefore, I think it is a must that they have a clear understanding of the VAT laws that concern [...]

Taxpayers Rights
As a foreigner doing business in Thailand, you may know that you have a duty to register a tax ID, file tax returns, co-operate with the tax officers, and of course, you have to pay tax as assessed by tax officers ON TIME. Should a taxpayer fail to pay a [...]

What should you do when a Tax Officer comes to your office?
The Revenue Department has a policy to meet every company at least once a year in a “General Visit”. Most often the general visit will be a surprise visit and you will not be informed in advance.
In a general visit [...]

Here below are Accounting Tips and extracts from Khun Sirirat of Thai Accounting  www.thaiaccounting.com which for anyone running a business in Thailand will find invaluable.
I have to say that in real life accounting can be either an angel or a ghost, depending on how well it is managed. Accounting is hardly a favourite [...]

Background
When purchasing property in Thailand. In order to transfer money used to purchase property or land back out of the country at a later date you will need proof from the bank that the monies were used for this purpose and you will need to get a Tor Tor 3 form or [...]

First, you must have a Non-Immigrant visa to apply for a work permit.
With a few exceptions, all foreigners engaged in any kind of work in Thailand must hold a valid work permit. These are issued by the Department of Employment, part of the Ministry of Labour and Social Welfare.
The term “work” [...]