Thailand: Extension of the Filing Deadline of Audited Financial Statements for Foreign Entities

The Ministry of Commerce has just issued a Department of Business Development notification on 25 March 2020 to extend the deadline for the filing of audited financial statements by certain types of entities during the period of COVID-19. These entities include:

1. foreign entities operating in Thailand
2. registered partnerships
3. joint venture under the Revenue Code

The filing deadline has been extended to 31 August 2020 for entities whose financial years ended between 31 October 2019 and 31 March 2020.

For clarification, category 1 above means branch offices, regional offices, and representative offices of companies registered outside Thailand. It does NOT mean companies registered in Thailand under Thai law.