Join us on Social Media!

We are happy to announce the launch of MBiA’s social media! MyBusiness Asia is a provider of corporate and accounting services in Singapore, Hong Kong and other Asian countries. We help you find the best financial solution for your business with quality services at an attractive cost. On these social networks, you will find the lastest informations about MBiA, business news, advice, tips, numbers,

2021 deadlines calendar for THAILAND : public holidays, tax filings, payments and financial reports

Don’t miss any business deadline in 2021 in Thailand with our Deadlines Calendar 2021 ! Payment, taxes, business reports, lodgements, public holidays… RBA is happy to offer your this useful document. You can also download it here : 2021 THAILAND deadlines Calendar             ——————————————————– My Business Asia is the best offer to help you for your accounting, corporate services,

5 most common Tax mistakes in Thailand and how to avoid them

Companies operating in Thailand should be cautious about matters that could cause surcharges, fines or investigations by the Revenue Department. This article will guide you through the main common tax mistakes that businesses in Thailand often make. 1. VAT registration If the company has an annual turnover exceeding 1.8 million baht, the company must register with the VAT system (Form VAT 01) before commencing

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Corporate Income Tax in Thailand in 2021 : the complete recap

The standard rate for corporate income tax in Thailand is 20%. However, this rate varies based on the type of taxpayer. A reduced Tax Rate for SMEs and Companies promoted by the BOI  Small companies benefit from tax exemption up to 300,000 Baht (USD 9,620) while companies promoted by the Board of Investment (BOI) may be granted corporate tax exemptions up to 11 years

Risk and crisis management in the Covid-19 era : a complete guide by Rosemont (RBA)

RISK AND CRISIS MANAGEMENT IN THE COVID-19 ERA Companies are facing unprecedented times as the measures being deployed to slow the spread of the novel coronavirus (“COVID-19”) are impacting capital markets, supply chains, and business operations. The uncertainties of the current environment serve as a powerful reminder to the Management of the demand for risk management and crisis planning.   WHAT TO DO WHEN

Foreign ownership of a company in Thailand: is a Thai partner mandatory to start a business in Thailand?

The Thai Civil and Commercial Code does not make any distinction between Thai and foreign shareholders. As a result, foreigners can freely register a company in Thailand without any Thai partner. However, there are some restrictions on the business activities that can be carried out in Thailand by foreigners under the Foreign Business Act B.E. 2542 (1999) (FBA). This is notably the case for