Thailand Regulatory Filing Table For Tax Report & Annual Financial Statement
For a foreign business investor and management team who is not familiar with local Thai regulation, you may question why your finance and accounting team are always busy along the month. Here is a summary table and timeframe for local Thai regulatory timetable for filing and submission on Tax Form and Annual Financial Statement. This table could answer why they are always busy and do not talk to anyone as well as not willing to join any company event during first week of the month and early year.
No. | Description | Recipient | Form | Government Organization | Deadline (in following month) | |
Paper | Online | |||||
1 | Withholding tax | Company staff | PND.1 | Revenue Department | 7th | 15th |
2 | Withholding tax | Entity registered in Thai | PND.3 | Revenue Department | 7th | 15th |
3 | Withholding tax | Thai tax payer | PND.53 | Revenue Department | 7th | 15th |
4 | Withholding tax | Non-Thai corporate/personal | PND.54 | Revenue Department | 7th | 15th |
5 | VAT report | Local transactions | PP.30 | Revenue Department | 15th | 23rd |
6 | VAT report | Overseas transactions | PP.36 | Revenue Department | 7th | 15th |
7 | Social Security Fund | Monthly contribution report | SPS1-10 | Social Security Office | 15th | 15th |
Summary Fine & Penalty Fee For Delay Submission
Department of Business Development
DBD E-filing system: when the company fail to submit the fine fee is showing as below table;
No. |
Duration |
Company |
Director/ person |
1 |
not over 2 months |
2,000.00 |
2,000.00 |
2 |
Over 2 months, less than 4 months |
4,000.00 |
4,000.00 |
3 |
Over 4 months |
6,000.00 |
6,000.00 |
Revenue Department
Fail to file annual Corporate Income Tax form (PND.50)
No. |
Duration |
Fine |
Surcharge |
1 |
within 7 days late |
2,000.00 |
1.5% of tax amount x number of months |
2 |
over 7 days |
4,000.00 |
1.5% of tax amount x number of months |
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For any questions, queries or advice about our tax
and accounting services,
please do not hesitate to contact us.

Optimum Accounting Services Co., Ltd.

Phone: +662 636 3464

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info@optimumacc.com
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