Tax in Thailand

Baker McKenzie

Baker McKenzie advises on foreign tax credit rules, transfer pricing provisions, structuring estates and tax disputes. Kitipong Urapeepatanapong acts for multinational corporates and large domestic companies in tax planning mandates, and Pornapa Luengwattanakit has expertise in tax and customs in a variety of sectors in the Thai market. Panya Sittisakonsin handles investment structuring and corporate tax planning, and also has experience in tax disputes. Also recommended is Aek Tantisattamo, who is a contact for outbound investment matters and transfer pricing.

Practice head(s):

Kitipong Urapeepatanapong; Pornapa Luengwattanakit; Panya Sittisakonsin

Other key lawyers:

Aek Tantisattamo

Work highlights

  • Advised Pacific Healthcare on group restructuring and cross border tax planning in Hong Kong, Belgium, Thailand and the Netherlands.
  • Advised Singha Property Management Company on implementing its debt restructuring.

Tilleke & Gibbins

Tilleke & Gibbins provides an range of tax services including tax planning, corporate advisory and transactional support, and tax litigation. Indeed, the team's regularly advises on land taxation and income tax, transfer pricing and custom duties. Practice head Sriwan Puapondh has particular expertise in expertise in international tax planning, and recently advised Kosei Aluminium on tax liability and transfer pricing issues in relation to its corporate reorganisation. Another key figure is Kasma Visitkitjakarn, a go-to lawyer for the offshore investment and private client estate planning work.

Practice head(s):

Sriwan Puapondh

Other key lawyers:

Kasma Visitkitjakarn

Key clients

General Motors Group

Hutchinson Technology Operations (Thailand)

IKEA Holdings Services S.A.

Perry Ellis International

Summit Capital Leasing

Zuellig Group

Work highlights

  • Retained to advise on Tokyo Mall’s tax and tax planning in regards to its investments.
  • Advising Roche on tax implications of operating a distribution node in Thailand.
  • Advises Azbil on tax implications of its day to day operations.

Blumenthal Richter & Sumet Ltd

Blumenthal Richter & Sumet Ltd advises corporates on income tax, VAT, custom duties, transactional tax structuring, and tax savings under international treaties. The real estate finance, pharmaceuticals, energy and automotive sectors are key areas of focus for the firm, as are private high-net-worth clients. Senior partner Sumet Mingmongkolmitr is a key contact for outbound transactions and foreign investment, and also has experience handling disputes in the Thai Tax Court.

Practice head(s):

Sumet Mingmongkolmitr

Testimonials

‘The team are responsive and strive to understand our business to give the best advice in a timely manner and are readily available.’

LawAlliance Limited

LawAlliance Limited has a reputation in the power, telecoms, and healthcare sectors, where it advises on tax planning, transfer pricing and tax disputes. Managing partner Thanasak Chanyapoon advises corporates on contentious and non-contentious matters, and also has experience in the taxation of securities and structured products. Piphob Veraphong has expertise in transfer pricing and securities taxation, and Rachanee Prasongprasit is a key contact for custom duties and trade taxation.

Practice head(s):

Thanasak Chanyapoon

DFDL Legal & Tax

DFDL Legal & Tax acts for private individuals, multinationals and financial institutions in a variety of tax matters including corporate advisory work, cross-border transactions, personal investments and other tax planning mandates. Laos-based Jack Sheehan heads the firm's regional tax practice and works closely with the head of the Bangkok office, Jonathan Blaine. An international tax planning specialist, Sheehan provides advice on inbound and outbound transactions, while Blaine is noted for his work on personal investment tax planning and foreign investment in Thailand.

Practice head(s):

Jack Sheehan; Jonathan Blaine

Key clients

Axion Ventures

Decathlon

Kudun & Partners

Kudun & Partners has an emerging tax practice which covers wealth management, tax optimisation, and cross-border transactions including M&A, capital markets transactions, and corporate restructuring. Jointly headed by Chinawat Assavapokee and Saravut Krailadsiri (the latter of whom joined from Hunton Andrews Kurth LLP in July 2018) the team has particular expertise in the renewable energy, manufacturing, and fintech sectors. Assavapokee has two decades of experience in international tax planning and customs work, and Krailadsiri is noted for his expertise in oil and gas taxation, and tax issues related to e-commerce.

Practice head(s):

Chinawat Assavapokee; Saravut Krailadsiri

Key clients

Sea Limited

Sea Oil Public Company Limited

Sherwood Corporation (Thailand) Public Co.

Siam Bioscience

Siamese Asset

SUT Global

TGD Automatic Doors

Turnkey Communication Services

Uniqlo (Thailand)

Work highlights

  • Consulted Sea Oil on VAT assessment and mitigation on VAT penalty.

Prompt Legal Services

Prompt Legal Services is a specialist tax team that advises on tax planning, tax exposure in investment transactions, and tax structuring in M&A. The firm acts for domestic and international clients in a range of industry sectors including construction, property, technology and retail. Promboon  Sookatup, formerly at Weerawong, Chinnavat & Partners, joined in August 2018 to head the tax practice, bringing with her a decade of experience in complex tax matters. In addition to transactional work, the team also advises on customs matters and tax disputes.



 

Practice head(s):

Promboon Sookatup

Siam Premier International Law Office Limited

Siam Premier International Law Office Limited handles tax litigation and corporate tax planning, and advises on the Thai law elements of M&A and other corporate transactions. Practice head Praphan Phichaiwatkomol has extensive experience in contentious and non-contentious tax matters, and associate Keerada Rungtanakiat is rated for tax advice on inbound and outbound investment transactions. Energy, aviation, shipping and property are key sectors for the firm.

Practice head(s):

Praphan Phichaiwatkomol

Other key lawyers:

Keerada Rungtanakiat

Work highlights

  • Assisted Kratos with analysing options for the sale of land with tax efficiency.