# Can I claim Accounting and Audit Fees as a business expense in Thailand?

**Yes, fully claimable.** Yes. Bookkeeping, tax and audit fees are business costs. Every Thai company and juristic partnership needs a licensed auditor.

Typical amount: Bookkeeping is often a monthly fee and the audit a yearly fee that depends on the size and state of the books. Clean, reconciled books usually mean a shorter audit.

## What Revenue Department (กรมสรรพากร) says

Professional fees for running the business are costs. When you pay a Thai firm for services, withhold 3% and remit it with P.N.D.53 within 7 days of month-end (15 days online), and give the firm a 50 Tawi certificate. The audit is needed because audited statements go to the DBD within one month of the shareholders approving them, and to the Revenue Department with the P.N.D.50.

## When you can claim

- Monthly bookkeeping by a Thai accountant
- The statutory audit by a licensed auditor
- Tax return preparation for P.N.D.50 and P.N.D.51
- DBD filing services
- Fees for payroll processing and Social Security filings
- Advice on the company's VAT and withholding
- Company secretarial work for the annual meeting and the BOJ.5

## When you cannot claim

- An owner's personal income tax return paid by the company without being treated as the owner's pay
- Fees for a director's private matters, such as personal property or family affairs

## Good to know

**Pro tip:** Ask your accountant and auditor for full tax invoices in the company's name, so the input VAT on their fees can go on the P.P.30 when the company is VAT-registered.

**Important:** Withholding at 3% applies to service fees paid to a Thai company. Forgetting it leaves the payer liable for the tax it should have withheld. Finn keeps the books ready for your accountant and auditor, but it is not a licensed auditor and does not sign or file anything with the DBD or the Revenue Department.

Source: https://www.rd.go.th/english/6044.html

## Related expenses

- [Software and Subscriptions](https://accounts-os.com/th/expenses/software-subscriptions-thailand)
- [Office Rent](https://accounts-os.com/th/expenses/office-rent-thailand)