Thailand’s Corporate Taxation and Compliance Filing System

ZLYan Views: 56 2025-05-30 15:15:07 Comments: 0

About TMA Group
TMA Group is a professional company focusing on local recruitment and corporate consulting in Thailand, dedicated to providing one-stop services including recruitment, financial management, tax disposal, legal consulting, personnel management, etc. for enterprises and individuals. If you need more advice on investment in Thailand, please feel free to contact us.

I. Overview

Companies operating in Thailand are legally required to fulfill annual tax filings and corporate compliance submissions. These obligations must be completed through the following two official systems:

System NameGoverning AuthorityPrimary Function
RD e-FilingRevenue DepartmentTax filing (including VAT, withholding tax, corporate income tax, etc.)
DBD e-FilingDepartment of Business Development

Submission of annual financial statements and shareholders’ meeting documents


II.  RD e-Filing (Revenue Department Electronic Filing System)

Official website: https://efiling.rd.go.th/

Scope of declarations includes:

Declaration ItemForm TypeFiling Frequency
VAT DeclarationPP30Monthly
Withholding Tax DeclarationPND1 (Salaries), PND3/53 (Services, Rent)Monthly
Mid-Year Corporate Income Tax FilingPND51Once a year
Annual Corporate Income Tax FilingPND50Once a year
Annual Personal Income Tax Filing (Employer Withholding Portion)PND90/91Once a year


III.  DBD e-Filing (Electronic Filing System of the Department of Business Development)

Official website: https://efiling.dbd.go.th/

Scope of declarations includes:

Declaration ItemDocument TypeFiling Frequency
Submission of Annual Financial StatementsAudited balance sheet, income statement, and financial notesOnce per year
Submission of Annual Shareholders’ Meeting DocumentsBor.Or.Jor.5 (List of Shareholders), minutes of the shareholders’ meetingOnce per year



IV. TMA Group Professional Reminder

RD e-Filing is responsible for tax filing, while DBD e-Filing handles statutory corporate document submissions—both are indispensable.

There are mandatory monthly and annual filing obligations that must be fulfilled according to the regulations set by the Thai Revenue Department and the Department of Business Development (DBD).

Failure to submit on time or omission of submissions will result in substantial penalties and potential tax audit risks.


V. TMA Group’s Accounting Outsourcing Service Support

TMA Group not only assists clients in completing accounting and tax filing tasks but also provides a high-standard, one-stop accounting outsourcing service, including:

1. Basic Bookkeeping Support


• Collection and sorting of all financial documents and vouchers

• Preparation of compliant accounting entries based on Thai Financial Reporting Standards (TFRS)

• Establishment of a comprehensive ledger system with real-time monthly updates


2. Tax Filing and Audit Support


• Monthly filing of VAT, withholding tax, and corporate income tax

• Compilation of documentation required for annual audited financial statements and coordination with auditors

• Ensuring that financial data is standardized, clear, and traceable to meet the compliance requirements of the Revenue Department and DBD


3. Supply Chain and Invoice Management Support


• Coordination with clients’ suppliers and service providers to verify invoices and manage payment processes

• Ensuring supply chain invoices meet VAT credit eligibility standards, preventing tax issues due to invoice discrepancies

• Periodic coordination of invoices and payment status to reduce clients’ internal communication burdens


4. Real-Time Advisory and Tax Risk Alert Services


• Providing real-time financial and tax consultations to answer routine operational questions

• Early detection of potential tax risks, offering alerts and suggestions for compliance optimization

• Assisting in the development of rational financial and tax workflows to improve overall compliance and management standards


Conclusion

In Thailand, compliant bookkeeping and standardized filing are not only statutory obligations but also the foundation for maintaining a company’s reputation and ensuring sustainable development.

TMA Group leverages its expertise in bookkeeping, strict tax compliance, and real-time financial advisory services to help businesses build a transparent, compliant, and robust financial system, ensuring steady operations and a competitive advantage.

TMA Group is your one-stop expert in corporate compliance and financial-tax management—committed to professionalism and responsibility to support every client in achieving long-term success.


Regarding Overseas Direct Investment (ODI)

The following presents the complete procedures and key considerations for Chinese companies establishing a Thai company or representative office abroad (applicable to non-financial enterprises).


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Disclaimer

TMA Consulting Management has been paying attention to the updating of information through newsletters for many years, but we do not assume any responsibility for the completeness, correctness or quality of the information provided. No information contained in this article can replace the personal consultation provided by a qualified lawyer. Therefore, we do not assume any liability for damages caused by the use or non-use of any information in this article (including any kind of incomplete or incorrect information that may exist), unless it is caused intentionally or by gross negligence.

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