E-Permit for obtaining permissions under the Accounting Act
On 14 November 2016, the Department of Business Development (“DBD”), the Ministry of Commerce has formally announced its adoption of obtaining permissions with regard to accounting documents as required under the Accounting Act via electronic system.
The e-Permit is applied to the following applications: (1) permission for keeping accounts and relevant documents at other place that is not the place of business; (2) notification of lost or damage of accounts or relevant documents; (3) permission for change of the accounting period; and (4) submission of accounts and relevant documents in case of cessation of business operation without liquidation.
A person having the duty to keep accounts under the Thai Accounting Act is required to submit an application and supporting documents as required by law via the DBD website at www.dbd.go.th. In this regard, the same username and password as used for the submission of the audited financial statement via the DBD e-Filing must be used for this e-Permit application process.
The use of the above username and password shall be deemed to replace the applicant’s signature in the application form for permission or notification or submission, as the case may be.
In addition, upon submission of the application and supporting document via the e-Permit application process, the applicant is not required to submit hard copies of the said application and documents in person or by post to the DBD.
KPMG in Thailand won two awards from 2016 International Tax Review Awards: National Tax Firm and Tax Disputes & Litigation Firm
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