Bangkok · Thailand

Built for Growth,From Startup to Enterprise

From setting up your first company to scaling toward enterprise — we bring the financial rigour, strategic clarity, and local expertise to support every stage of your business journey in Thailand.

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฿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 building toward enterprise scale, we bring the same institutional-grade rigour — structuring your back office, surfacing insights, and keeping you ahead of every regulatory requirement.

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

From your first registration to enterprise-level reporting — we handle the financial complexity at every stage 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, Primus Financial
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 serves as Chief Operating Officer at Primus Financial, overseeing day-to-day operations, client delivery, and internal processes to ensure every engagement runs with precision and consistency.

With a strong operational background, Varin ensures that the firm's standards of accuracy and responsiveness are maintained across all client accounts — from onboarding through to ongoing compliance and reporting.

VC
Varin Chutrakul
Chief Operating Officer
  • Chief Operating Officer, Primus Financial
  • Operations & Client Delivery Management
  • Internal Process & Quality Control

Accounting Manager

Paphawin leads the accounting function at Primus Financial, managing the day-to-day bookkeeping, monthly reporting, and compliance filings for the firm's client portfolio.

With deep expertise in Thai accounting standards and tax compliance, Paphawin ensures every client's books are accurate, timely, and audit-ready — forming the operational backbone of the firm's service delivery.

P
Paphawin
Accounting Manager
  • Accounting Manager, Primus Financial
  • Thai Accounting Standards & TFRS
  • Monthly Reporting & Tax Compliance
  • Audit-Ready Financial Preparation

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

Transparent Pricing

Simple packages,
no surprises

Every business is different — these are our starting points. Whether you're a founder on day one or a group ready for enterprise-level reporting, we'll tailor a package around your stage and needs.

Starter
฿4,900/mo
For early-stage companies & sole traders
  • Up to 10 transactions / month
  • Monthly VAT & payroll filing
  • Monthly bookkeeping & trial balance
  • Half-yearly financial reports
  • Annual financial statements & tax return
  • Email support
Get Started
Most Popular
Growth
฿11,900/mo
For growing businesses with reporting needs
Fees based on transaction volume
  • Everything in Starter
  • Full management reporting pack + KPIs
  • Cash flow forecasting
  • Payroll up to 20 staff
  • Audit coordination
  • Monthly financial & process alignment
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 prices are starting points. 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
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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
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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