UHY Thailand
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Accounting and Taxation

The Company complies with Thai Accounting Standards (TAS) in account recording and with Thai Financial Reporting Standards (TFRS) for public companies and TFRS for Non-Publicly Accountable Entities (NPAEs), published by the Federation of Accounting Professions, in financial reporting. By law, taxation will be submitted to the Revenue Department and funding will be submitted to the Office of Social Security Department.

Computerized recording system in CD ORGANIZER program is approved by Revenue Department of all sales of goods or services, purchase of goods or raw materials, trade payable, costs and inventory transactions, ID 0176 by Software House Company with regularly version upgrading for accurate information and supporting new functionality in the future.

Income tax planning, with the difference between accounting standards and regulations in the Code, the Company will update income tax on the PND 50 and turnover in the financial statements to coincide with the situation and taxes payment will be made in accordance with the tax compliance and tax law as well as achieving the business objectives.

The Company charges hourly fees for services rendered and the rates vary depending on the types and complexity of client’s requirements.

STAFF INFORMATION
UHY Yongyuth Accounting and Son Co., Ltd. is an independent member of Urbach Hacker Young International Limited (“UHY International”), a UK company, and forms part of the UHY International network of legally independent accounting and consulting firms. Any engagement you have is with UHY Yongyuth Accounting and Son Co., Ltd. and any services are provided by UHY Yongyuth Accounting and Son Co., Ltd. and not by UHY International or any other member firm of UHY International. “UHY” is the brand name under which members of UHY International provide their services: all rights to the UHY name and logo belong to UHY International, and the use of the UHY name and logo does not constitute any endorsement, representation or implied or express warranty by UHY International. UHY International has no liability whatsoever for services provided by UHY Yongyuth Accounting and Son Co., Ltd., nor any other members and UHY Yongyuth Accounting and Son Co., Ltd. has no liability whatsoever for services provided by other member firms of UHY International.