5 Great Accounting firms in Thailand

[CharlieH]

Kreston Thailand with Kreston Global 

 

 

Accounting is one service you can’t do without if you own a business in Thailand. A good accounting firm helps you manage critical financial tasks, such as calculating your withholding TAX and VAT and completing your financial statements. Plus, they also ensure that you comply with Thai law.

In addition to keeping the numbers in line, an accounting firm can support the growth and expansion of your business, even if you’re just getting started. Therefore, it’s only natural that you want the best firm, someone you can trust, to do these tasks.

 

When evaluating accounting firms in Thailand, key criteria include reputation, global network, and a range of services like audit, tax, and advisory. Expertise in diverse industries, strong regional presence, and specialisation in areas like VAT and corporate tax are also important in distinguishing top firms in this competitive market.

5 Great  Accounting firms in Thailand

1. Kreston Thailand

Image via Kreston Thailand

The Kreston Thailand team has extensive experience and knowledge in their respective fields. Their solutions are based on experience and understanding of local requirements. At the same time, as a member of the Kreston Global network, the firm has global reach to service multinational companies and offers a wide range of services. This is important to any company doing business in Thailand.

 

 Their accounting services cover everything from bookkeeping and financial reporting to payroll management to ensure that businesses can focus on their core operations while staying compliant with Thai accounting standards. Furthermore, Kreston Thailand also offers transaction services from due diligence to assisting companies in selling their business or obtaining new investments.

Their audit professional services have had experience from the big 4 of accounting and can review reporting packages under the IFRS, TFRS, and Local Standards. Their audit services also include risk management and internal audits for companies wanting to test their accounting controls and understand their risks.

In addition to its accounting and audit services, Kreston Thailand offers robust tax services designed to help businesses navigate the complexities of the Thai tax system. These services include tax compliance, tax advisory, and transfer pricing documentation.

Their legal corporate services are particularly valuable for businesses looking to establish a presence in Thailand, offering assistance with company establishment, obtaining foreign business licenses and navigating Board of Investment (BOI) incentives. Whether you are an investor or a financial professional, Kreston Thailand provides the local expertise and global resources necessary to help your business thrive in Thailand’s dynamic market.

 

Main areas of service:

✔️ Accounting services

✔️ Transaction services from due diligence

✔️ Audit services

✔️ Tax services

✔️ Legal corporate services

 

Address: 100/30-33 19-20 Floor, Room 437, Sathorn Nakorn Tower Building, North, Sathorn Road, Silom, Bangrak, Bangkok, 10500

Website: https://kreston-thailand.com/

Email: [email protected]

Phone number: +66 2109 9623

Pros		Cons
✅ Diverse services ✅ Experienced team ✅ Global network		❌ Limited size ❌ Competitive landscape

2. Plizz Thailand

Image via Plizz Thailand

Plizz Thailand is a one-stop solution for startups, SMEs, and entrepreneurs in Thailand seeking streamlined administrative support. With a strong focus on efficiency and accuracy, the firm provides a full suite of professional services. These include accounting, payroll, company registration, BOI applications, visas, work permits, tax advisory, office solutions, and legal support, among others. Plus, Plizz also has deep expertise in Xero accounting software.

Partnering with Plizz offers peace of mind, as vital tasks like bookkeeping, tax filing, and compliance are all handled by experts. Thus, you can focus on what really matters: growing your business.

In addition to its complete offerings, Plizz is also known for its flexible accounting packages, which can be tailored to suit businesses of various sizes, with pricing based on the actual volume of transactions. This makes them an affordable and scalable choice, as you only pay for the services you need.

Main areas of service:

✔️ Accounting services

✔️ Payroll services

✔️ Company registration

✔️ Foreign investment and BOI application

✔️ Visa and work permit

✔️ Legal support

✔️ Tax advisory

✔️ Virtual office

 

Address: 3656/35 Rama 4 Road, Green Tower, Floor 11, Khlong Tan, Khlong Toei, Bangkok 10110

Website: https://plizz.co/

Email: [email protected]

Phone number: +66 2821 5100

 

Pros		Cons
✅ Strong reputation and recognition ✅ Extensive accounting and legal services ✅ Foreigners friendly ✅ Global network		❌ Limited operating hours

3. HLB Thailand

 

Previously known as BDO Thailand, HLB Thailand is one of the most reputable accounting firms in Thailand. It is an HLB International member, which is a global network of independent advisory and accounting firms. HLB International has hundreds of offices across 160 countries, with over 29,000 partners and staff. In 2020, HLB International won ‘Network of the Year’ at the 2020 Digital Accountancy Awards. This award certainly drives up their reputation among those in need of accounting services.

HLB Thailand has expertise in audit and assurance, transfer pricing, and outsourcing. Their client base covers a wide variety of industries, such as telecommunications, manufacturing, construction, and hospitality. Furthermore, they also offer services to real estate, healthcare, and not-for-profit industries. The firm is led by Co-Managing Partners Andrew Jackomos and Paul Ashburn. The firm’s tax services in Thailand provide a combination of local attention and global capabilities. They also provide financial audit and risk assurance services.

 

Main areas of service:

✔️ Accounting services and advisory

✔️ Transaction services from due diligence

✔️ Audit services

✔️ Tax services

✔️ Outsourced business services

 

Bangkok Address: 14th Floor, CTI Tower 191/70-73 New Ratchadapisek Road Klongtoey, Bangkok 10110, Thailand.

Phuket Address: 63/202 Moo 2, Thepkasattri Road, Kohkaew Sub-district, Muang District, Phuket, Thailand 83000

Email: [email protected]

Phone number: +66 2 260 7290

 

Pros		Cons
✅ Reputation and recognition ✅ Innovation and adaptability ✅ Global network		❌ Limited operating hours ❌ Potentially higher costs

4. PKF Thailand

 

PKF Thailand is a member of PKF International’s global family of legally independent firms with over 400 offices in 125 countries. Therefore, the firm is known to provide global solutions to its clients.

As one of the oldest accounting companies in Thailand, PKF Thailand has built its strong reputation for years. Today, it has successfully established itself among the leading accounting firms of choice for both international and local clients. This accounting firm is licensed by Thailand’s SEC (Securities and Exchange Commission) to perform audits on publicly listed companies. PKF Thailand presents highly qualified international and local professionals, so they can help bridge the gap between international business and the Kingdom.

Headquartered in Bangkok, PKF Thailand has active branches on the Eastern Seaboard in Phuket, Hua Hin, Sri Racha, Pattaya, and U Tapao. Therefore, they can offer services to businesses around Thailand.

Main areas of service:

✔️ Advisory

✔️ Audit and assurance

✔️ Corporate finance

✔️ Business solutions

✔️ Tax and transaction services

 

Bangkok Address: 28th Fl., Sathorn Square Office Tower, 98 North Sathorn Road, Silom, Bangrak, Bangkok 10500, Thailand.

Eastern Seaboard Address: 63/14-15 M.10, South Pattaya Road, Nongprue, Banglamung,
Chonburi 20150, Thailand.

Email: [email protected]

Phone number: +66 2 108 1591

Pros		Cons
✅ Regulatory compliance ✅ Tenured ✅ Global network		❌ Limited search result information

 

5. HUMANICA

 

HUMANICA is a business solutions provider in Thailand. They are pioneers in the HR and ERP industry in Thailand. However, they also offer finance and accounting services in the country. Their finance and accounting services are designed for companies who need to outsource tiresome office tasks. Moreover, they have provided accounting services and system advisors for SME businesses in various industries for over a decade. Their clients range from manufacturing and construction to trading, e-commerce, and services.

Located in Pathum Wan, Bangkok, HUMANICA is part of the Human Resources Consulting Services Industry. They provide accounting, finance, and taxation services. Their taxation services include value-added tax, withholding tax, and corporate income tax.

 

Main areas of services:

✔️HR management software solutions

✔️ERP software implementation

✔️ Accounting services

✔️ Finance services

✔️ Tax services

Address: 2 Soi Rongmuang 5, Rongmuang Rd., Rongmuang, Pathumwan, Bangkok, Thailand 10330.

Email: [email protected]

Phone number: +66 2 636 6999

 

Pros		Cons
✅ Pioneers in HR and ERP Industry ✅ Cost-effective solutions ✅ Strong client retention		❌ Limited global network ❌ Focus on SMEs

 

 

Being a lucrative market for businesses and foreign investments, it comes as no surprise Thailand is seeing the rise in accounting firms competition. With the number of businesses in need of accounting services, the competition for accounting firms in the country seems to never end.