Magna Carta Law Firm’s team of certified accountants provides expert tax planning advice and services. We help business owners in accomplishing their tax obligations and meeting their deadlines.
Tax planning is the analysis of a financial situation or plan from a tax point of view. It is an essential part of a financial plan in order to minimize your business tax liability. Hence, you can be able to save or invest more money by adapting effective tax management strategies. This, however, must be in accordance with accounting laws, accounting standards, and other relevant laws.
Systematic tax management prevents tax problems in any way and helps entrepreneurs access the benefits of tax deductions. At the same time, it maximizes the benefits of the business under certain conditions and in compliance with the law.
When you open a company in Thailand, whether it is for trading or non-trading business, all companies have the obligation to pay tax. That is why it is necessary to understand and set up a good tax management system. Business owners need to understand its local principles: income and expense, profit and loss, tax deduction, tax calculation methods, and tax filing methods.
Managing your tax obligations is a complex matter, especially for foreigners, as it definitely requires certain expertise. At Magna Carta Law Firm, we provide comprehensive tax planning services. Our group of professional accountants can surely help you set up your financial and tax management to ensure that your business is handled the most effective tax management possible. Contact us now.