Accounting & CFO Services · Bangkok, Thailand

Built for Growth,From Startup to Enterprise

From setting up your first company in Thailand to scaling toward enterprise — we give you the financial clarity, strategic insight, and local expertise to focus on what you do best.

฿70M+
Yearly Revenue Accounted
10+
Companies as Fractional CFO
Big 4
Trained & Qualified
Chartered Accountants ANZ
TFAC Thailand

What Sets Us Apart

Financial clarity,
not just compliance

Whether you're registering your first company or scaling toward enterprise, we bring institutional-grade rigour to every engagement — giving you the financial clarity and compliance confidence to grow without distraction.

Financial Clarity

We go beyond the numbers — structuring your back office, surfacing insights, and keeping you ahead of regulatory requirements so nothing slows you down.

Deep Local Expertise

Practical, on-the-ground knowledge of Thai tax, compliance, and regulatory frameworks — applied with a global business mindset.

Strategic Advisory

We don't just report what happened. We help you understand what it means and what to do next — from M&A to restructuring.

Modern Infrastructure

AI-powered tools and automated workflows eliminate manual overhead — reducing cost, increasing accuracy, and freeing your team for what moves the business forward.

Our Offering

From first registration
to enterprise scale

Every stage of your business journey in Thailand has different financial demands. We cover them all — from incorporation through to enterprise-level reporting — so you can focus on building.

01

Company Registration

Full setup for foreign and domestic companies in Thailand — from Memorandum of Association to VAT, bank, and social security registration.

BOI ApplicationForeign Business ActPermits & Licenses
02

Monthly Reporting

Timely, accurate monthly financial reporting with actionable insights — trial balance, P&L, balance sheet, cash flow, and management reports.

Tax & Payroll FilingManagement ReportsKPI Dashboards
03

Year-End Closing

Complete year-end financial preparation including tax returns, budgeting and forecasting strategies, and full audit coordination.

Annual Tax ReturnAudit CoordinationBudgeting & Forecasting
04

Local & International Tax Compliance

Thai corporate and personal income tax, VAT, and payroll — plus international compliance for expats and foreign businesses operating in Thailand, including treaty applications and cross-border structuring.

VAT ReportingPayrollTFRSExpat TaxCross-Border Structuring
05

Fractional CFO

Senior CFO expertise without the full-time cost. We embed with your team on a part-time basis — owning financial strategy, investor reporting, board packs, and forward-looking analysis so your business has CFO-level thinking at every stage of growth.

Board ReportingFP&AInvestor RelationsFinancial Strategy
06

Corporate Advisory

Bespoke solutions for strategic decisions — M&A, restructuring, digital transformation, and back-office automation.

M&ARestructuringDigital Transformation

Our Team

Big 4 rigour.
Bangkok focus.

A team that has lived both sides of the table — building companies from zero and advising them at scale.

Chief Financial Officer

Primus Financial is led by Papob Chutrakul, CA — a Registered Chartered Accountant with Australia & New Zealand credentials, TFAC registered in Thailand, and over a decade of corporate accounting and financial management experience.

Papob's background spans Big 4 audit, ASX Top 200 in-house M&A and FP&A, and executive-level finance leadership within some of Thailand's largest corporate groups — giving him a rare combination of international rigour, board-level perspective, and deep local market knowledge that most accounting firms simply cannot offer.

As a multiple start-up founder himself, he understands the scaling journey from the inside — the cash flow pressures, the compliance blind spots, and the financial clarity needed to grow with confidence.

Papob Chutrakul
Papob Chutrakul, CA
Chief Financial Officer
CAANZ CAANZ Member
TFAC TFAC Registered
  • Registered Chartered Accountant — Australia & New Zealand (CAANZ)
  • Registered Accountant — Federation of Accounting Professions, Thailand (TFAC)
  • Ex-Big 4 Audit & ASX Top 200 In-House M&A and FP&A
  • Fractional CFO to 10+ Growing Companies
  • Multiple Start-Up Founder

Chief Operating Officer

Varin Chutrakul runs the day-to-day operations of Primus Financial, ensuring the firm delivers with consistency, speed, and clarity across every client engagement. With a background in marketing strategy and B2B operations, she brings structured thinking and strong communication skills to everything she oversees.

Varin is the primary point of contact for most clients — managing relationships, coordinating deliverables, and making sure nothing falls through the cracks. Her ability to translate complex financial work into clear, actionable communication is what makes working with Primus feel seamless from the client's side.

Internally, she oversees process management and P&L oversight — keeping the firm running efficiently so the technical team can focus entirely on client work. Her acute attention to detail ensures nothing is missed, whether in client communications or internal operations.

VC
Varin Chutrakul
Chief Operating Officer
  • Client Liaison & Relationship Management
  • Firm Operations & Process Management
  • P&L Oversight & Financial Management
  • Marketing Strategy & B2B Communications

Accounting Manager

Saengphop Kathinthet leads the accounting team at Primus Financial, bringing more than 15 years of experience across both sides of the profession — eight years managing statutory audits and seven years running the full accounting function of a Thai accounting firm. That combination means every set of books he oversees is prepared the way an auditor expects to find it.

As Accounting Manager he owned the general ledger, payables, receivables and fixed assets for a portfolio of client companies, closed the books monthly and annually, prepared full financial statements under Thai Financial Reporting Standards (TFRS), and filed PND, VAT and social security returns alongside the annual PND.50 to the Revenue Department and DBD. He also designed accounting systems, internal controls and production costing for clients and led the team delivering them.

Earlier, as an Audit Manager, he planned and supervised audit engagements from budget and engagement letter through to the auditor's report, working directly with company owners on findings and best practice. Saengphop graduated with first-class honours in Accounting from Ramkhamhaeng University, is a TFAC-registered accountant, and has passed five of the six papers toward his Thai CPA licence.

S
Saengphop Kathinthet
Accounting Manager
TFAC TFAC Registered
  • 15+ Years in Accounting & Statutory Audit
  • Registered Accountant — Federation of Accounting Professions, Thailand (TFAC)
  • Thai CPA Candidate — 5 of 6 Papers Passed
  • First-Class Honours in Accounting, Ramkhamhaeng University
  • TFRS Financial Statements, Tax Planning & Internal Control
  • Former Audit Manager — Engagement Planning to Auditor's Report

Client Testimonials

Trusted by businesses
across Thailand

What our clients say about working with Primus Financial.

“

As a business owner, I rely on their accounting and financial services for their speed and accuracy. Their trustworthy team consistently delivers high-quality results that have greatly enhanced our financial management.

Mr. Chinnatip Phornprapha
General Manager · Kaigo Life
“

Primus Financial consistently demonstrates a high level of competence, flexibility, and reliability in managing our financial matters. I have complete confidence in Papob, who collaborates closely with our finance team to ensure efficient and seamless execution.

Chayapa Chutrakul
Chief Executive Officer · Bureau of Wonders
“

Papob prepares our monthly financial reporting packs for our small business; including key performance indicators, historical financials, and forward-looking forecasts. The reporting packs are what you expect to see in the board pack of a multi-billion dollar company. I would highly recommend his CFO services to any business.

Alexander Green, CFA
Chief Strategy Officer · TEMPL Body Shaping
“

Even though we are a startup, I feel like I'm treated as the biggest and most important client in their portfolio. I can reach out with any question at any time and always receive quick, clear answers. What stands out most is how proactive they are with strategic advice — they truly understand the challenges of starting a business with limited manpower and actively think along with us. Primus Financial operates like a professional Family Office, but with the warm feeling that you're actually part of the family.

Roel Pieter van der Wielen
Director · Divano Lounge
“

Primus Financial has been an essential partner since our pre-opening phase. They helped us get our company structure right from the start and have handled all our monthly accounting, payroll, and tax ever since. It's a huge relief to focus on our operations knowing the compliance side is fully covered. I'd highly recommend them to anyone starting a business in Bangkok.

Timber Suwannakoot
Director · Stoke Restaurant Co. Ltd

Transparent Pricing

Simple packages,
no surprises

These are our starting points — most clients are a combination of needs, not a single package. Whether you're a founder on day one or a group ready for enterprise-level reporting, we'll scope the right solution for your stage.

Launch
฿8,000/mo
For pre-revenue companies in their first six months
  • Up to 10 bank transactions / month
  • Monthly VAT & withholding tax filings
  • Monthly bookkeeping & trial balance
  • Annual financial statements & tax return
  • Moves to Growth at your first invoice
  • Email support
Get Started
CFO
Custom
Fractional CFO + full accounting suite
  • Everything in Growth
  • Dedicated Fractional CFO
  • Board & investor reporting packs
  • Budgeting & 3-year forecasting
  • M&A / restructuring support
  • Tax structuring & advisory
  • HR & employment advisory
  • Corporate legal support
Talk to Us

All fees exclude 7% VAT and scale with your monthly bank transactions. Payroll is ฿1,500 + ฿100 per employee per month; ad-hoc work is ฿350 per hour. Contact us for a tailored quote — most clients are quoted within 24 hours.

Industries We Serve

Built for your
industry

We work across a wide range of sectors in Thailand — bringing sector-specific accounting knowledge, not generic templates.

Food & Beverage

Restaurants, cafés, cloud kitchens, and F&B groups face complex cash flow cycles, high transaction volumes, and multi-entity structures. We manage your books, VAT, payroll, and management reporting so you can focus on the floor — not the spreadsheets.

Multi-outlet ReportingDaily Revenue ReconciliationVAT & WHT FilingCost of Goods Analysis
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Professional Services

Law firms, consultancies, agencies, clinics, and engineering practices running on retainer or project billing need clean books and real-time financial visibility. We keep your compliance tight so your team stays billable.

Project-based P&LRetainer Revenue TrackingPayroll & Social SecurityExpat Tax Compliance
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Animal Care

Veterinary clinics, pet hotels, grooming studios, and animal welfare organisations have unique revenue streams — consultations, products, boarding, and donations. We structure your financials to give you clear visibility across all of them.

Mixed Revenue AccountingInventory & ConsumablesVAT on Services & ProductsStaff Payroll
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Retail

Boutique retailers, multi-brand stores, and franchise operators need accurate inventory accounting, daily revenue reconciliation, and POS integration. We keep your numbers clean so you know exactly where your margins are.

POS IntegrationInventory AccountingMulti-location ReportingVAT & WHT Filing
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Holding Companies

Multi-entity structures and investment holding companies in Thailand require consolidated reporting, intercompany reconciliation, and dividend structuring. We bring the financial rigour needed to manage complexity across your group.

Consolidated ReportingIntercompany ReconciliationDividend & DistributionCorporate Structuring
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Manufacturing & Distribution

Goods distributors importing into Thailand navigate complex landed-cost accounting, import duties, transfer pricing, and multi-currency transactions. We structure your financials to reflect true margins and keep customs and tax compliance airtight.

Landed Cost AccountingImport Duty & VATTransfer PricingMulti-currency Reporting
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Real Estate & Property

Developers, agents, landlords, and property managers in Thailand face complex accounting challenges — foreign ownership structures, specific business tax on transfers, FET reporting on inbound funds, and rental income compliance.

Specific Business TaxFET & Fund RemittanceRental Income ComplianceForeign Ownership Structures
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Health & Wellness

Aesthetic clinics, wellness centres, spas, Muay Thai gyms, and yoga studios operate across a complex mix of medical services, retail products, and memberships — each with different VAT treatment.

Mixed VAT on Services & ProductsMembership RevenueMedical Licensing ComplianceExpat Practitioner Payroll
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E-Commerce

Shopee, Lazada, and DTC brand sellers face platform commission accounting, multi-currency settlements, digital services VAT, and cross-border import compliance. We build you a clean financial infrastructure from day one so you scale without tax surprises.

Platform Commission AccountingDigital Services VATCross-border Import & DutyMulti-currency Settlement
Talk to Us

FAQ

Questions we
hear most often

If you don't see your question here, just get in touch — we're happy to talk through your situation.

Hiring in-house gives you one person's experience at full-time cost. Outsourcing gives you a specialist team with deep industry knowledge, current best practices, and cross-sector insight drawn from working across many businesses at once — at a fraction of the price. You eliminate recruitment risk, training costs, software licences, and the overhead of managing a finance headcount before your business is ready. Outsourced finance also scales cleanly with your growth: you get more expertise when you need it, and less when you don't. For most founders, it's simply better quality for lower cost — and it frees you to focus on building the business.
Thai-registered companies face a structured compliance calendar year-round. Every month, you must file VAT returns (PP.30), withholding tax on payments to individuals and juristic persons (PND.1, PND.3, PND.53), and social security contributions for all employees. Mid-year, a half-year corporate income tax estimate (PND.51) is required. At year-end, audited financial statements prepared under Thai Financial Reporting Standards (TFRS) must be submitted to the Department of Business Development (DBD), alongside your annual corporate income tax return (PND.50) to the Revenue Department. Missing any of these deadlines carries surcharges and penalties — we manage the entire compliance calendar so nothing is missed.
For new accounting engagements, we typically onboard within 1–2 weeks. Company registration with the DBD takes 7–14 business days once all documents are in order. We'll give you a clear timeline at our initial consultation so there are no surprises.
Absolutely. We prepare and deliver audit-ready financial packages directly to your auditor, handle all queries, and coordinate the full statutory audit process. Many clients come to us specifically because their previous accountant wasn't delivering audit-ready files on time.
Yes. We work with specialised immigration partners who handle visa applications, work permit renewals, and BOI-related employment authorisations. Critically, we align the financial and regulatory side — ensuring your company's registered capital, employee ratios, and statutory filings all meet the requirements that underpin successful work permit approvals. Getting the accounting right is often the part that holds up visa applications, and we make sure it doesn't.
We are partnered with multiple software providers and recommend the right platform based on your business needs — not a one-size-fits-all default. Businesses with complex project billing benefit from different tools than those needing inventory management, multi-outlet reporting, or sophisticated payroll. We assess your requirements, implement the right solution, and build automated workflows around it — so your books stay accurate without adding manual overhead to your team.

Contact Us

Let's talk about
your business

Book a free consultation and find out how Primus can help you get clear on your finances and stay ahead of compliance.

Email
Phone
Office hours: Mon–Fri, 9:00am – 6:00pm
Office
99/3 Soi Ruamrudee Lumpini
Pathumwan, Bangkok 10330

Free Consultation

Tell us about your business and we'll be in touch within one business day.

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