Pattaya accounting company in Thailand

In short, accounting is about the good management of the financial resources of a company. For example, it is one of the most important services every organization, big or small, should contract.

To be sure, J & E Concierge Pattaya is a leading accounting company providing consulting services in various vital areas for companies in Pattaya.

Every Thailand accounting company should provide you with reliable and legal financial management. Accounting services are crucial in Thailand, as authorities value the financial stability of all businesses.

After completing your business registration in Pattaya, it’s mandatory to hire a Thai accounting company to maintain financial records. To navigate Thai financial regulations, consult J&E Concierge, especially if you’re new to the industry. We offer comprehensive business registration and essential services like accounting to established Thai companies.

Advantages of hiring a Thailand accounting company in Pattaya

The Thai Government mandates clear financial records for businesses operating in Pattaya, as per research conducted on the subject. The best way to do it is to hire a Thailand accounting company. Have you ever thought about how it would help you? There are many advantages especially if you are a foreigner and you have never dealt with accounting in Thailand. 

The basic responsibilities of every accounting firm in Thailand, Pattaya are to record and analyze financial transactions within an organization. The measure ensures all transactions are explainable and supported by documents, preventing fraud. Thailand accounting companies are required to ensure that employers, including employers, contribute to the social security fund for their employees.

Let’s go through the advantages of hiring a Pattaya accounting company and learn more about the social security fund in Thailand.

No matter the industry you are in, accounting firms in Thailand will provide you with similar financial activities. 

• financial data management – an accountant’s responsibility is to keep track of and organize the financial data within a company. All financial transactions related to the firm, expenses, and revenues will be organized in proper records. Also, based on these reports, the accountant will prepare quarterly and annual financial statements. 
• financial advice – who better to advise you than your Thailand accounting company? Once your accountant keeps track of your financial activity, he will be able to advise you about expenditures or financial loans. 
• taxes – you have arrived in a new country and opened a business in Thailand. But you don’t know much about taxes in Thailand. Luckily, your accountant is prepared to answer all your questions and help with tax filing. It is one of the most important functions of an accountant. 
• payroll and social security fund in Thailand – the accounting company in Thailand will handle the payroll process and make sure all your employees are paid on time. Moreover, he will have the responsibility to check and pay social contributions for all your employees based on Thai legal regulations.

Once you start collaborating with a Thailand accounting company in Pattaya, all financial aspects will be handled properly. Your company will gain credibility in front of Thai authorities. 

Are you looking for accounting services in Thailand, or Pattaya? J&E Concierge Pattaya is ready to help you keep track of all your financial data and run a prosperous business in Thailand.

What is the social security fund in Thailand?

Every company or organization in Thailand that has at least one employee has the responsibility to pay all contributions to the social security fund in Thailand. All these contributions ensure stability and security for every person residing and working in Thailand. Your accounting company in Pattaya must ensure that it pays all employee contributions on time.

The social security fund in Thailand has many benefits. 

• compensation in case of sickness – every insured employee has the right to free medical care at the hospital as well as prescribed medicines. Also, he can claim cash compensation in case of illness. 
• maternity – every female employee registered with the Social Security Fund in Thailand has the right to apply for maternity benefits such as care and maternity leave. 
• child allowance – every family can apply for a child allowance for up to 3 children. 
• compensation in case of invalidity – a person who is unable to work due to medical reasons can benefit from compensation for the rest of his life which is 50% of average wages. 
• pension – every working and insured person in Thailand will be able to access an old-age pension, considering that he has contributed for at least 180 months to the pension system in Thailand. In the unfortunate case of death before obtaining an old age pension, the benefits will go to the next surviving relative. 
• unemployment – employees who resign or face dismissal from jobs in Thailand can receive financial compensation for a limited number of days. He also has the responsibility to register as a job seeker.
• death – in case of death, every person’s surviving relatives will receive compensation based on the contributions to the social security fund in Thailand. 

Are you looking for a Thailand accounting company in Pattaya to keep track of all this financial data for you? As an employer, you must ensure all contributions are paid. Contact J&E Concierge for accounting services in Thailand and avoid any unpleasant events. 

Find the best accounting company in Pattaya, Thailand!

It is to your benefit to contract a Thailand accounting company in Pattaya, Thailand. Managing a company’s finances is an important step that should not be neglected. The more expertise an accounting company has, the better it is for you and the financial safety of your employers. When you start your research about accounting companies and services in Thailand, also ask about the social security fund in Thailand. 

To avoid this long process, contact J&E Concierge Pattaya. We will help you with the accounting and good financial management of your organization.