What businesses benefit from FlowAccount's VAT features?
FlowAccount's VAT feature helps all VAT-registered businesses simplify tax invoices, whether you are brick-and-mortar shop or an online store.
Who has the right to issue tax invoices?
If you expect to earn at least 1.8 million baht annually, you are required by Thai law to register your business for VAT. This applies to freelancers/sole proprietorships as well as businesses. As a VAT-registered business, you have the right to issue tax invoices.
What is the difference between a full tax invoice and an abbreviated tax invoice
An abbreviated tax invoice has only some of the information normally stated on a full tax invoice.
- Your business address is not required.
- Your customer's name and address are not required.
- Goods or services can be listed simply as codes (i.e., no description necessary.)
- VAT must be included in the prices along with a statement, "Prices include VAT". (However, VAT amounts may be displayed separately from prices, if needed.)
What is E-Tax Invoice by E-mail?
Sending electronics tax invoices by email on FlowAccount helps you issue, send and keep e-invoices in one place by simply creating an invoice and click "Send e-Tax Invoice by Email" to your client. Our system will send the e-invoices through ETDA system to get a timestamp. You no longer have to print, send and keep paper documents.