APEC Economy: Thailand

Accountancy Services – General background

In Thailand, provision of accountancy services requires a license from both a regulatory body and a professional accounting body
The provision of the following accountancy services requires a license from a regulatory body - the professional practices in

Licensing Requirements

The contact details of the organisation that controls the licensing of accountants and the applicable regulations to licensing in this economy are as follows:

Organisation 1:

Federation of Accounting Professions

Address:

133 Sukhumvit 21 Road (Asok)

Address 2:

Klong toel Nua

City/Town:

Watthana

State:

Bangkok

ZIP/ Postcode:

10110

Economy:

Thailand

Email address:

fap@fap.or.th (Thai only)

Phone number:

+ 66 2685 2500
+ 66 2685 2501

Website:

http://www.fap.or.th

Legislation:

Licensing of Foreign Nationals

A foreign accountant can obtain a license to provide limited accountancy services in this economy.  Unable to determine if limited licence is possible for any accounting services other than auditing. The minimum level of education is a university degree in accounting which includes related subjects such as auditing, commercial law, company law and taxation.

Limited Licence

A foreign accountant can obtain a limited licence to provide auditing services in this economy if they:

Professional Accounting Bodies

A separate license is required from the local professional body in order to provide professional accountancy services in this economy.
There is one recognised professional accounting bodies in this economy:
Organisation 1:

Organisation:

Federation of Accounting Professions
(formerly Institute of Certified Accountants and Auditors in Thailand).

Address:

133 Sukhumvit 21 Road (Asok)

Address 2:

Klong toel Nua

City/Town:

Watthana

State:

Bangkok

ZIP/ Postcode:

10110

Economy:

Thailand

Email address:

fap@fap.or.th (Thai only)

Phone number:
Fax number:

+ 66 2685 2500
+ 66 2685 2501

Website:

http://www.fap.or.th

Levels of membership:

  • Ordinary Members
  • Extraordinary Members
  • Associate Members
  • Honorary Members

Eligibility to other bodies in the APEC economies

Not specified

Alliance & MOUs

Not specified

Temporary practice arrangements

Unable to determine.

Rules on firms and commercial association

Unable to determine.

Other regulatory issues

In this economy competency of Thai language is required for audit services.

Unable to determine other regulatory issues.

Additional information relevant to the Accounting profession

Unable to determine.