Accounting & Tax Services in Chiang Mai

Corporate tax, personal income tax, VAT registration, bookkeeping, and compliance for Thai businesses.

Overview

Every Thai registered company is required to maintain proper accounting records, file monthly and annual tax returns, and submit audited financial statements. Non-compliance carries heavy penalties including fines, director liability, and potential criminal charges. MJ & Co provides full accounting and tax services for companies in Chiang Mai.

Our accounting team handles monthly bookkeeping, payroll processing, withholding tax filings, VAT returns, corporate income tax, and personal income tax for foreign directors and employees. We ensure your company stays fully compliant with Thai Revenue Department requirements.

Whether you're a newly registered company needing setup or an established business looking for a reliable accounting partner in Chiang Mai, we offer packages tailored to your company size and complexity.

What We Handle

  • Monthly bookkeeping and financial record keeping
  • Corporate income tax returns (PND.50, PND.51)
  • Personal income tax returns (PND.1, PND.91, PND.90)
  • VAT registration and monthly VAT returns (PP.30)
  • Withholding tax filings (PND.3, PND.53)
  • Social security contributions and filings
  • Annual financial statements and statutory audit
  • Payroll processing for Thai and foreign employees

Frequently Asked Questions

Does my Thai company need an accountant?
Yes. Thai law requires all registered companies to maintain proper accounting records and have financial statements audited annually by a certified public accountant (CPA). You cannot do this yourself — you need a qualified Thai CPA.
How much does accounting cost for a Thai company?
Monthly accounting fees depend on the number of transactions, employees, and complexity of your business. MJ & Co offers competitive packages for small to medium businesses in Chiang Mai. Contact us for a quote based on your specific needs.
What is the corporate tax rate in Thailand?
The standard corporate income tax rate in Thailand is 20% of net profit. Small companies (paid-up capital under 5 million THB and revenue under 30 million THB) receive reduced rates: 0% on the first 300,000 THB and 15% on profit from 300,001 to 3 million THB.
Do I need to pay personal income tax in Thailand?
If you work in Thailand (with a work permit) or stay more than 180 days in a calendar year, you may be subject to Thai personal income tax. Tax rates are progressive from 0-35%. MJ & Co can handle your personal tax filing alongside your company accounts.

Ready to Get Started with Your Accounting & Tax?

Chat with MJ & Co to discuss your case. We'll give you an honest assessment and a clear path forward.

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