Financial Statement Closing & Dormant Filings
Annual closing, dormant company filings (zero revenue), English statements, BOJ.5, DBD e-Filing, and PND.50.
Closing Service Options
- Year-end review, reconciliations, and adjusting entries (depreciation, accruals, prepayments)
- Preparation of Balance Sheet, P&L Statement, and Notes to Financial Statements (TH/EN)
- Convening statutory Annual General Meeting (AGM) within 4 months of fiscal year-end
- Filing List of Shareholders (Form BOJ.5) with the DBD within 14 days of the AGM
- Submitting audited financial statements via DBD e-Filing within 1 month of the AGM
- Computing Corporate Income Tax and filing Form PND.50 within 150 days of year-end
- Statutory nil/zero-balance financial statements compliant with DBD regulations
- Mandatory CPA audit sign-off under Section 1197 Civil and Commercial Code
- Annual BOJ.5 filing and DBD e-Filing submission to avoid corporate blacklist
- Filing nil Form PND.50 with the Revenue Department to avoid late penalties
- Cost-effective package designed specifically for holding and pre-operating companies
- Financial statements prepared as at the formal date of corporate dissolution
- Independent CPA audit of liquidation accounts
- Filing final liquidation Form PND.50 and tax clearance with Revenue Department
- Submitting completion of liquidation documentation and official strike-off to DBD
Annual Statutory Deadlines (Calendar Year Entities)
Within 4 Months: AGM
Shareholders Annual General Meeting (AGM) must formally approve audited accounts by April 30.
Within 1 Month of AGM: DBD
Audited financial statements and BOJ.5 must be submitted via DBD e-Filing by May 31.
Within 150 Days: PND.50
Form PND.50 corporate income tax return filed with Revenue Department within 150 days (May 30).
How we work
- 01 Submit trial balance, general ledgers, bank statements, and prior-year accounts for preliminary audit review
- 02 We confirm the timeline, closing scope, and transparent all-inclusive fee (accounting + CPA audit)
- 03 Perform year-end adjustments, draft bilingual statements (TH/EN), and coordinate the independent CPA review
- 04 Complete DBD e-Filing, submit PND.50 corporate tax return, and deliver certified signed accounts to client
Frequently asked questions
Section 1197 of the Civil and Commercial Code stipulates that financial statements of all limited companies must be audited by a certified auditor (CPA) without exception. Thai corporate law does not waive the audit requirement for dormant or pre-revenue companies. Failing to file triggers statutory fines from both DBD and Revenue Department, and leads to director summons.
Yes. For foreign-invested enterprises, BOI companies, and subsidiaries of multinational corporations, we prepare full English financial reports alongside statutory Thai filings to facilitate overseas group consolidation and board reporting.
We regularly assist companies with multiple years of overdue accounts. We reconstruct the historic ledgers, obtain CPA sign-offs for each delinquent year, calculate accrued penalties, and clear DBD/Revenue Department records to remove defunct status.
Certified Public Accountants (CPA) & Tax Consultants
Licensed & CertifiedAll bookkeeping and financial reporting are supervised by licensed Certified Public Accountants (CPA) ensuring complete compliance with the Revenue Code and Thai Financial Reporting Standards (TFRS).
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