All legal entities registered in Thailand have a legal obligation to organize and keep accounts (this includes limited corporations, registered partnerships and even foreign jural persons conducting business in Thailand). Failing to do so is a criminal offence and any wrong doing in this regard may result in a penalty charge of about 200,000 THB.
There are many steps involved both before and after an audit report has been prepared and you need to choose a service provider that is completely transparent with their pricing of the entire process, not just the minor task of having an audit report drafted and signed.
The following requirements are all included in our audit package:
As a Cloud 7 Legal Services client, you can trust that we will take care of the formalities for you so that you don’t have to spend hours and days “going through the motions” below.
Before the auditing process can start, the company to be audited must submit these documents, but if you are a Cloud 7 Services client we will gather the documents for you:
Several requirements need to be fulfilled after the audit report has been signed. The post-signing procedures are also covered by our auditing package:
As is evident from the description above, the process needs some preparation time, so feel free to contact us about your firm’s annual audit.