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penalty annual audit

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Hello! I do not have time to pass the annual audit. Maybe someone knows how much is penalty for this in Thailand.

Thank you in advance for your help!

Assuming you are talking about a private limited company:

 

Up to 2 months late:

 

Accountant = 1,000 baht

Managing Director = 1,000 baht

 

2 - 4 months late:

 

Accountant = 4,000 baht

Managing Director = 4,000 baht

 

Over 4 months late:

 

Accountant = 6,000 baht

Managing Director = 6,000 baht

 

PLUS

 

There is a penalty for not holding an AGM to approve the audited accounts.

 

Company = up to 20,000

Directors = up to 50,000 each

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