Nominee shareholders: the trap too many island businesses fall into
If someone offered to "handle the Thai shareholders" for your company, read this before you sign anything — and what to do if you already did.
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We're the friendly interface between you and Thai accounting. Whether you're opening a beach café or running a growing company, we make sure your business is set up legally, your books are correct, and you actually understand what's going on.
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Over the years we've met too many business owners on the island who were set up the wrong way — sold company structures with nominee shareholders, never told about their tax obligations, and left holding the risk when things went wrong.
That's not how it should be. We started The Accounting API to be the honest connector between accounting and business people: plain-language advice, legal structures, and books you can trust. You focus on your business — we make sure it's done correctly.
Our StoryFrom day-one setup to monthly filings — handled properly, explained clearly, without the jargon.
Accurate, up-to-date books that reflect what's really happening in your business — so decisions (and tax filings) are based on facts, not guesses.
VAT, withholding tax, half-year and annual returns — filed correctly and on time, with each deadline explained so nothing catches you by surprise.
Honest guidance on structuring your Thai company the right way from the start. No nominee shortcuts, no surprises later.
Staff paid correctly, social fund registrations handled, and personal income tax withheld the way the law expects.
Already running and not sure your setup is right? We review your structure and books, tell you plainly where you stand, and help you fix it.
A friendly sounding board for licences, banking, contracts with your accountant's hat on — support that goes beyond the numbers.
An API connects two systems so they understand each other. That's us — we sit between the world of Thai accounting rules and the world of running your actual business, and we translate both ways.
Practical reading for running a business on the island — new posts as the rules (and seasons) change.
If someone offered to "handle the Thai shareholders" for your company, read this before you sign anything — and what to do if you already did.
Read more →A relaxed, plain-language walkthrough of the monthly and yearly filings your Thai company needs — and what happens if you miss them.
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