Our client, a promising enterprise in the consumer goods sector, was experiencing rapid growth. However, their success brought significant challenges. The management team, focused on product innovation and market expansion, viewed taxation as a complex and time-consuming obligation. They operated with a reactive approach: filing what was necessary but lacking a forward-looking strategy. This resulted in several critical pain points:
Siri Audit was engaged to overhaul the client’s entire approach to tax management. Led by our founder, Yaowaluck (Certified Public Accountant Thailand (CPA), ASEAN CPA, IACP), we implemented a comprehensive, three-tiered solution rooted in expertise and strategic foresight. Our mission was clear: ensure impeccable compliance, maximize financial efficiency, and provide absolute peace of mind.
At Siri Audit, we view tax management not merely as an obligation, but as a critical component of your company’s financial strategy. We deployed a holistic approach combining advisory, execution, and recovery.
1. Strategic Tax Advisory & Planning We began by transforming the client’s perspective. Our expert advisory services turned their tax challenges into opportunities for growth.
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Tax Privilege Optimization: We conducted a thorough analysis of their business model and identified key tax benefits from government agencies they were eligible for, creating a clear roadmap to legally minimize their corporate income tax liability.
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Proactive Scenario Preparation: We strategically prepared the company’s documentation and processes for potential events like tax audits and refund claims, ensuring they could navigate these situations with confidence and success.
2. Meticulous & Timely Tax Filing To eliminate compliance risks, we took full ownership of their filing obligations with forensic precision.
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Monthly Tax Compliance: We flawlessly managed all monthly filings, including VAT (PP.30, PP.36), Withholding Tax (PND.1, 3, 53, 54), and Specific Business Tax (PT.40).
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Corporate Income Tax (CIT) Compliance: Our team handled the strategic estimation and filing for the Half-Year Tax (PND.51) to manage cash flow effectively, and culminated in a comprehensive Annual Tax Filing (PND.50) fully aligned with their audited financial statements.
3. Proactive Tax Refund & Recovery Our final strategic move was to unlock the client’s trapped capital. We initiated a proactive process to reclaim overpaid taxes.
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Value Added Tax (VAT) Refund: We expertly managed the entire VAT refund process, successfully reclaiming significant funds that were immediately injected back into their operations.
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Corporate Income Tax & Withholding Tax Recovery: A detailed analysis uncovered previously overpaid taxes, which we successfully claimed on their behalf, directly improving their bottom line.
