About

Banyan

Our Journey

Founded in 2022, Banyan stands as a distinguished

full-service accounting and financial management firm. We’ve since then expanded our service scope to facilitate company set up and licensing.

Our extensive experience in catering to both local and international clients sets us apart, enabling us to deliver expert guidance and tailor-made solutions that empower businesses to achieve their financial goals effectively.

Our Vision

Banyan’s vision is to become the trusted advisor for our clients, offering unrivaled expertise and cutting-edge solutions that empower our clients to reach their financial objectives and thrive in a dynamic market. We are dedicated to establishing a benchmark of excellence in the accounting and finance sector, fostering enduring relationships built on integrity, dependability, and exceptional customer service.

Our Mission

Our mission at Banyan is to offer exceptional accounting and finance services that cater to our clients' specific requirements, enabling them to reach their financial goals with confidence. We are dedicated to providing accurate, reliable, and timely financial information, upholding the utmost ethical standards, and delivering unparalleled customer service. Continuous improvement and a relentless pursuit of expertise define our approach, as we cultivate robust relationships with our clients and actively contribute to their enduring success.

About Us

Banyan's Services

Corporate services

Corporate Space Solution
Draft Minute
Share Transfers
Shareholder/Director Amendment
Changing a Registered Address
Increasing Company Capital
VAT Address Change
License application for business
Bank account opening for business

Accounting services

Bookkeeping
Daily transactional support
P&L and cash flow analysis
Forecasting, and budgeting
VAT filing and reporting
Withholding tax filing and reporting
Half-Year Tax Estimation PND 51 And Submission
Year-end Reporting and Preparation

Tax services

VAT Registration
Corporate Income Tax
Value Added Tax
Withholding Tax

What We Offer

Bookkeeping

Comprehensive bookkeeping services in Thailand. Ensure business runs smoothly with reliable financial data, offering full transparency to stakeholders

VAT, Withholding
filing and reporting

Banyan's comprehensive VAT and withholding filing and reporting services ensure the business remains compliant and efficient. We meticulously review and verify all input and output invoices, advise on VAT claims, and handle monthly submissions, streamlining your financial processes and reducing administrative burden.

What We Offer

Annual
Financial reporting
& Tax filing

Accurate annual financial reporting and tax filing are essential for maintaining the financial health and compliance of business. We ensure that business remains compliant with all regulations while optimizing financial outcomes.

Half-Year Tax Estimation PND 51 & Submission

Banyan assist in preparing and completing the PND 51 form, verifying the accuracy of tax calculations, and ensuring adherence to tax laws. Our team reviews financial statements, provides guidance on necessary supporting documents, and facilitates seamless submission to the revenue department, ensuring peace of mind and financial integrity.

Year-end Reporting and Preparation

Accurate year-end reporting is essential for financial transparency and compliance. Banyan's year-end reporting and preparation services ensure local and international businesses meet their regulatory requirements, streamline their financial processes, and close the fiscal year with confidence.

Why Banyan?

Local Expertise

Banyan Partners, established in 2022, is a full-service accounting and financial management firm located in Bangkok, Thailand. Banyan is designed to cater specifically to both local and international clients seeking to navigate the complexities of the Thai market. With a focus on providing tailored services such as company setup, licensing, and comprehensive accounting service, Banyan leverages a deep understanding of local regulations and business practices to facilitate seamless market entry and operational success for clients

Proven Track Record

Banyan boasts a proven track record of success in various sectors, including F&B, logistics, and International Trade services.This history of impactful outcomes underscores Banyan's commitment to excellence and its capability to meet the diverse needs of clientele.

Deep Industry Knowledge

Banyan Partners is distinguished by its deep industry knowledge, particularly in sectors like F&B and logistics. The management team, led by experienced professionals, possesses extensive backgrounds in finance and consulting, allowing them to provide insightful guidance tailored to the unique challenges of each industry. This expertise is further enhanced by their commitment to continuous improvement and a proactive approach to client service, ensuring that they remain at the forefront of industry trends and regulatory changes

Why Us

Banyan's Management Team

Managing Partners

Tin Min Htut

Mr. Htut has extensive international as well as local professional experience in research, due diligence, business development, management consulting, organizational change, team facilitation, and Lean Six Sigma performance improvement. He has deep expertise in formulating and executing comprehensive and integrated capital and M&A solutions that accelerate the growth of young as well as established companies. Mr. Htut has worked with leading Myanmar & International companies in the financial services, industrial goods and services, commercial and residential real estate, manufacturing, health care as well as ICT products and services.

Prior to his experience in Myanmar, Mr. Htut was deeply involved with the drug discovery innovation processes of a leading German drug maker Boehringer Ingelheim Pharmaceuticals, at US Headquarters as a researcher for 17 years. His contributions and achievements include: Lean Six Sigma Green belt on R&D pipeline, medical innovation, organizational change management and peer-reviewed scientific publications. In addition, he has advisory experience in the field of business development via Stern Consulting Corps, for New York City’s business development district.

Mr. Htut earned his MBA from New York University with specializations in Finance, Strategy and Management and master's and bachelor's degrees with honors in Chemistry and Biology from Pittsburg State University and Western Illinois University, USA.

Director

Saowapa Suebphanwong

Khun Saowapa brings nearly 40 years of unparalleled experience in accounting and finance, with a specialized focus on the logistics and consumer goods sectors in Thailand. Her deep-rooted expertise in accounting principles and Thailand's taxation system has made him a cornerstone in the financial management of various organizations.

Over the years, Khun Saowapa has held pivotal roles in prominent companies, where she has been instrumental in steering financial operations, ensuring rigorous compliance with local tax laws, and driving financial optimization.

Her extensive knowledge and decades of experience, coupled with meticulous attention to detail and a steadfast commitment to excellence, position Khun Saowapa as a highly esteemed professional for businesses seeking to master the intricacies of financial management and taxation in Thailand.

Accounting Manager

Malee Thanaisawon

Khun Malee has extensive professional experience in accounting and finance, spanning over 30 years. Her deep expertise lies in accounting principles and Thailand taxation, making her an invaluable asset to companies registered in Thailand. Khun Malee has held key positions in reputable organizations, where she has been instrumental in overseeing and managing financial operations, ensuring compliance with local taxation laws, and optimizing financial performance.

Her extensive knowledge and experience in accounting and finance, coupled with her meticulous attention to detail and commitment to excellence, make her a highly sought-after professional for companies looking to navigate the complexities of financial management and taxation in Thailand.

Khun Malee earned her Bachelor's Degree in Business Administration from Ramkhamhaeng University - Bangkok, specializing in Accounting.