Filing financial statements and updated BOJ 5

On 4 December 2019, the Department of Business Development (“DBD”) issued guidelines on filing financial statements (“FS”) as of 31 December 2019 and shareholders’ list (BOJ 5).

Keywords: Mazars, Thailand, Legal, DBD, Financial statements, BOJ 5

4 March 2020

Details on filing online for Thai limited companies and foreign legal entities are set out below:

Entities

Actions required

Shareholders’ Meeting

Submission to the DBD

BOJ 5

FS

Foreign  legal entities 
(such as a Representative office or branch office)

X

X

Within 5 months of the fiscal year-end

*By 31 May 2020

Thai limited companies

Within 4 months of the fiscal year-end

*By 30 April 2020

Within 14 days of the shareholders’ meeting

*By 14 May 2020

Within 1 month of the shareholders’ meeting

*By 31 May 2020

 

Entities

Penalties for filing late

Shareholders’ Meeting

Submission to the DBD

BOJ 5

FS

Foreign  legal entities 
(such as a Representative office or branch office)

X

X

Not over THB 50,000

 

Thai limited companies

Not over THB

20,000

 

Not over THB 10,000

 

Not over THB 50,000

 

Want to know more?