Company Information

About us

Founded in 1995,by acquiring exclusive license of the General  Business Services (GBS) ,the biggest U.S. business counseling franchise chain which is part of Fiducial group, the 13th largest accounting firm in the U.S.

GBS provides outsourced business services to a broad range of small to mid-sized businesses through its 650 company-owned and franchise offices in the U.S., Canada and some other countries.

In Thailand, the GBS will focus on providing professional counseling on accounting, taxation and business to SMEs at an affordable price. Currently, there are 4 GBS branches situated at:

GBS Branches

1. Head Office
   32/488 Nawamin Rd., Klongkum Buengkum Bangkok 10230

2. Bangkok Branch
   1111/104 BaanKlangMuang Ladprao Rd., Chankasem, Jatujak, Bangkok 10900
   Tel/Fax 02 5137151

   Click here to see our location!

3. Phuket Branch
   23/11 Moo3 Kwang Rd., T.Vichit, A.Muang, Phuket 83000
   Tel/Fax 076 212989

   Click here to see our location!

4. Samui Branch
   115/11-12 Moo 1, T.Bo Phut,Koh Samui, Suratthani 84320
   Tel/Fax 077 246249
   
   Click here to see our location!

We plan to have at least one GBS branch in every main province in Thailand, therefore, in the long term, there will be tens GBS branches in Thailand.

As the sole distributor of the following world class software, our services will focus on providing accounting software-product, training, support and implementation to our customers.

1. QuickBooks, Best selling accounting software in the U.S.The software package is suitable for use by small business for trading, services, subcontractor, etc.

2. Sage, the U.K.'s best selling accounting software

3. ACCPAC, the world’s most popular accounting software for medium sized business

Our Vision

Our company will be

1. of small-sized supported by staff of high caliber with particular emphasis on flexibility and profitability;

2. The leader in the application of the state of the art technology and management system to small businesses.

3. The top company in modern accounting and tax management services having distribution network throughout Thailand.

Business Concept

We believe in the principle of win-win game; there will be 4 partners in our business who will share the win

1. Clients will receive not only the quality but also value services. We basically help our clients build their businesses by:
   
   1.1 Simplifying the accounting system, eliminating the double entry and increasing the accuracy of financial data which ultimately create reliable financial information.
   
   1.2 Business strategy counseling based on the reliable financial statement.
   
   1.3 Tax planning counseling. Not only we are fully aware of our responsibility as a tax payee, but we encourage our clients to have a tax planning to legally save money in tax.
   
   
2. Our team (franchisees and employees). We emphasize on providing our team not only the opportunity to improve their overall quality of life but also the satisfaction of improving the business of others;
   
   
3. Thai economy. To enable the Thai entrepreneurs and small business enterprises which together account for 95% of the business in Thailand to enjoy the competitive advantages of our products and services so as to benefit the Thai economy in taxes and economic structure.
   
   
4. Our organization will grow along with all the parties.

Social Policy

1. We are co-operating (by providing training free of charge) with the Intuit Inc, U.S.A. and the Asia Foundation which have donated 9,000 sets of QuickBooks, the world's best accounting software for use for SMEs by the following organizations:

Academic Institution

We have already donated more than 2000 sets of QuickBooks to several universities in Thailand, Chulalongkorn University, Thammasart University, Chiengmai University, Khonkaen University ,Rajjapat University.

Non-profit organization

We provide special discounts to non-profit organizations, Association of Appropriate Technology, Chaipattana Foundation and Mae Fah Luang Foundation, which use our products and services,

Government sector

1. We are planning to donate 6000 sets of QuickBooks to Aor.Bor.Tor, a government department, with whom we are working to customise QuickBooks to suit their needs.

2. We provide free seminars to SMEs on accounting & tax, management.

3. We provide Thai tax courses for foreigners who are doing business in Thailand and would like to learn Thai taxation laws and regulations in order to be able to comply with the local laws and regulations.

I.Basics of Thai tax

13.00-16.30
Corporate Income Tax
Taxable income and expenses
Non deductable expenses
Rules on computing taxable net profit
Filing of Semi annual & annual tax return

Withholding Tax on local purchase
Duty on withholding tax
Classification of Expenses that subject to withholding tax
Filing withholding tax return

VAT
Who is subject to VAT
Tax point on VAT
The Valid VAT tax invoice /Debit note/Credit note
Filing VAT tax return
VAT zero rate
Who can be exempted from VAT
Penalty on VAT case

Basic of Thai accounting rules
Accounting transactions
Accounting period
Accounting method
Reporting requirement
Filing of financial statement & tax return

Questions & Answers

II.Withholding tax & VAT on paying for services fee abroad

• Withholding tax on paying certain categories of services to abroad
  (Internet services,royalty,interests, dividends, rents, professional fees,capital gain)
• Withholding tax on transfer of Profit out of Thailand
• VAT on paying for services fee to abroad
• Reduction or exemption of withholding tax under Double Taxation laws
• Questions & Answers

III.Real estate taxation & laws (**Place:Bangkok only)

13.00 -16.30

• Taxation on selling land or immovable property of Individual person(SBT,Withholding Tax,Duty Stamp and transfer fee)
• Taxation and accounting laws apply to Income from Leasehold property of individual person and corporate?
• Taxation and accounting treatment for real estate developers on selling Freehold property
• How are deposit , installment,final payment and sales cancellation handled?
• How do the tax laws apply to cost of the real estate project?
• How do the tax laws apply to Administrative expenses of the real estate project?
• Q & A

IV.Tax audit survival guide

13.00 -16.30

• Policies and procedures of the Revenue Dept. in the conduct of tax audit
• How to prepare your books in advance so that they are compliance to the tax laws and get less problems when facing a tax audit
• How to prepare and act when getting an invitation letter for tax audit
• How to deal with the tax auditor during the audit process
• Usual tax issues raised in examinations
• Responding to tax audit issues
• The tax payer’s right related to the tax audit
• Q & A

How to reserve?

The tax course will be a private class which you can let us know in advance the area you want us to focus so that we can customise for you. the course will be held at any NAT office( in Bangkok /Phuket/Koh Samui) on an advance reservation basis ,after getting your reservation ,we will contact you to make appointment .

Want to reserve? Please fill in the reservation

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