Condos in company name, cost of balance sheets.

[Charlescheap]

I have a few condos in company names, the cost of my my yearly balance sheets from my law firm are 16,000 baht for my 82 sqm units and 15,000 baht for my 41 sqm units, just wondering what others are paying ? Cheers......

[blackcab]

When the people I work for started their company and it was inactive for a few months they paid 1,500 baht a month, then 2,000 baht at the end of the year to close the books and a 5,000 baht auditors fee.

It's always good to shop around, but I think you're starting from an OK position.

[mikebell]

I have a 400 square metre plot with 3 bed/2 bathrooms bungalow 30 minutes from downtown Pattaya. I pay 9000 a year to my auditors near Tesco Lotus. I get cramp signing each of the 45 pages.

[Robert24]

I pay about 20 k a year for all properties. Why you need to pay twice? Assume it's 1 company right?

[thailandforumaddict]

Seem like someone should change his law office...

[KittenKong]

I pay about 20 k a year for all properties. Why you need to pay twice? Assume it's 1 company right?

The OP specified: "I have a few condos in company names, ......"

Note the s on names.

What I dont understand is why it should cost more to do the books for a larger property than for a smaller one. Surely the paperwork is identical?

[WorkingTourist]

What I dont understand is why it should cost more to do the books for a larger property than for a smaller one. Surely the paperwork is identical?

Basing the price on the size of the unit sounds like textbook price segmentation. I.e. those with larger condos likely have larger revenue and thus can afford more. Though the OP should be able to see through that, given that he has two units of different size handled by the same firm.

What I was wondering is who are the co-owners of these companies?

[hhgz]

My condo building (300 units) pays 25K THB for the annual audit.