Accounting Services

STA Quality Accounting Office

STA Quality Accounting Office is supported by government and private agencies. We have received awards and certificates from the Department of Business Development, Ministry of Commerce; the Revenue Department, Ministry of Finance; and the Thai Chamber of Commerce. We are the first accounting office to receive the Outstanding Ethics Award from the Thai Chamber of Commerce and the Outstanding Business Governance Award from the Department of Business Development, Ministry of Commerce. We conduct business based on the principles of good governance, transparency, honesty, social responsibility, and fairness to all involved parties. These principles are reflected in the policies and activities that STA Quality Accounting Office has consistently implemented.

Providing accounting and tax consulting services

Service details

What is Accounting and Tax Consulting? Accounting and tax consulting is a profession that provides legal tax planning and cost-saving advice. We prepare monthly and annual VAT documents, prepare corporate income tax filings, act as tax advisors, liaise with the Revenue Department, and prepare income tax refunds for companies according to annual Revenue Department records.

We have experienced staff ready to provide guidance to ensure that your business operates correctly and appropriately, and receive accurate and timely accounting and tax information for decision-making.

- Provide consulting services for private companies audited by the Revenue Department.
- Provide accounting and tax consulting services, including advice on appropriate management for each business.
- We have experienced experts who can provide advice in English and Japanese.
- Provide accounting system design, tax planning, and internal control services.
- Setup accounting applications (Express, Winspeed, Myaccount).
- Generate financial reports using ready-made accounting software to produce reports in the formats you require.
- Train accounting staff to operate the system and fully utilize the accounting software.
- Arrange for staff to visit clients 1-2 times per month to verify the accuracy of financial statements. Accounting
- Provides current accounting and tax information relevant to the business and reports on problems encountered.
- Analyzes and compares operating results.

Benefits to be received

Benefits of Having a Tax Consultant: Having a tax consultant not only helps your business run smoothly, accurately, and clearly, but also offers other benefits, including:

1. Reduced tax risks. Having a tax consultant reduces the risk of back taxes.

2. Saves tax money. A tax consultant can provide advice and point out mistakes that can lead to unproductive financial leakage.

3. Peace of mind for your company, moving forward with confidence. Hiring a qualified tax consultant can eliminate the hassles of clearing your accounts.

Criteria for calculating service fees

Three ways to be charged, depending on the work

1. Retained monthly adviser (1 year contract)
Suits a business with continuing questions every month that wants someone responsible for the whole picture.
- In-depth advice, 1 hour a month - THB 3,000 a month
- In-depth advice, 2 hours a month - THB 5,500 a month
- Beyond the agreed hours, charged at the hourly rate in item 2

2. One-off consultation (case by case)
Suits a business with a specific issue that does not want an annual contract.
- Accounting and tax advice - THB 5,000 an hour

3. Project work
- Designing the accounting system and internal controls - from THB 25,000 per job
- Attending and representing the business before the Revenue Department - from THB 8,000 per visit

All prices exclude 7% VAT.

What actually sets the fee
- The document volume and how complex the business structure is
- How many companies in the group have to be covered at the same time
- How many visits to your premises a month are needed
- Whether there is an open issue with the Revenue Department. Work involving an examination is priced separately

What to know before you compare prices
The market has advisers from a few thousand baht a month to tens of thousands. The difference is not the number of hours. It is whether the person answering your question is a registered accountant or a licensed CPA, and who is accountable for that answer when the Revenue Department takes a different view. At STA, whoever gives an opinion on a tax issue that affects the financial statements is on the same team that has to sign off those statements, so nobody answers just to get through the conversation.

First consultation free. Call 02-966-5589 or 093-956-1524. Tell us the problem first. If it is something we can answer on the call, we answer it, at no charge.

Work steps

1. In the case of a full-time consultant (1-year contract)

1.1 Review business information, such as business operations, structure, shareholders, financial accounting information, and tax filing, etc. - (1 week)
1.2 Ask and answer questions about various business tax issues via email and/or telephone, as appropriate (response immediately or within 3-7 days, as appropriate)
1.3 Send a team to provide consultations at the client's office (3 hours per session or 2-4 business days per month, as agreed)
1.4 Provide a summary report of the consultation once a month (within 7 days of the end of the month)

2. In the case of consultations on a case-by-case basis)

2.1 The client submits questions and information for consideration in advance (1-3 business days)
2.2 The client requests face-to-face consultations (1 hour or more)
2.3 Submit a consultation report to the client (within 3-7 days of the consultation date)

Documents to be prepared for the company

Documents to prepare, by type of engagement

1. Retained adviser, used in the first week of review
- Copy of the company affidavit with the objectives, and Bor Or Jor 5
- Copy of Por Por 20, if the business is VAT registered
- Audited financial statements for the last 2 years
- The latest trial balance and the chart of accounts in use
- Copies of the tax returns filed for the last 6 months, PND 1, 3, 53 and PP 30, with the receipts
- The organisation chart and the names of the people responsible for accounting
- The name of the accounting software in use

2. One-off consultation
- The questions or the issues you want to discuss, written out point by point, 1 to 3 working days in advance
- The documents that relate directly to the issue, for example the contract, the tax invoice, or the letter from the Revenue Department
- The figures involved, for example the value of the transaction and the period it falls in

3. Urgent, when you already have a letter from the Revenue Department
- The summons or the assessment notice, every page in full, including the pages that are tables
- The date you have to attend or reply by
- The documents and books for the period under examination

The more complete the documents are from the start, the more usable the advice is. Answering a tax question on incomplete information is the single biggest cause of advice going wrong.

Document receiving time

Working timeframes

Retained adviser
- First review of the business - about 1 week from the day we have the documents in full
- Answering questions by email or phone - immediately if it can be settled on the call, or within 3 to 7 working days for issues that need the law and the rulings looked up
- Visits to your premises - 3 hours per visit, or 2 to 4 working days a month, as agreed in the contract
- Summary report of the advice given - once a month, within 7 days of month end

One-off consultation
- Send the questions and documents in advance - 1 to 3 working days before the appointment
- The consultation - 1 hour or more per session
- A written summary report of the advice - within 3 to 7 days of the consultation

Urgent, when you have a letter from the Revenue Department
Contact us as soon as you receive the letter. Do not wait until the appointment is close, because asking for a postponement and preparing the documents both take time. We will assess the same day what has to be prepared and how long it will take.

Why we insist on a written report every time
Tax advice given verbally cannot be proved on the day you are examined. A report that sets out the facts, the law relied on and the conclusion is the evidence that the business exercised reasonable care.

Frequently asked questions

1)
Q: Is the fee good value for a consulting service?
A: We help you plan, save tax lawfully and keep the treatment correct, with a team of professional accountants who have direct tax experience, under the supervision of a licensed Certified Public Accountant.

2)
Q: Why use STA as your tax adviser?
A: With more than 32 years of experience in accounting and tax we have direct knowledge in the field, and because we operate as a full-service accounting and tax company we can advise you on all of the following:
- Advice on tax problems, to find a way through that is correct under the tax law
- Advice on tax planning, to save tax lawfully
- Personal income tax (PIT)
- Corporate income tax (CIT)
- Withholding tax (WHT)
- Value added tax (VAT)
- Specific business tax
- Advice on preparing accounting documents so that the expense is deductible for tax
- Advice on the tax issues that arise in your particular business
- Advice on how to resolve tax problems so the business complies with the requirements of the tax law