Tax

Featured Publication: Thailand Tax Overview
Contacts
T: +66 2056 5700
T: +84 24 3772 5633

T: +66 2056 5995
T: +66 2056 5995

Tilleke & Gibbins is consistently recognized as a top tax practice in Thailand. The Legal 500 Asia Pacific credits the firm with “excellent levels of service,” “prompt response times,” and “clear and well-structured advice.” 

We dedicate our thorough understanding of Thailand’s tax regime to helping clients achieve their business objectives, while also maximizing tax benefits and minimizing tax liabilities. We advise on an array of tax matters, including customs duties, excise tax, specific business tax, transfer pricing, petroleum income tax, corporate income tax, property and land tax, tax planning, double taxation treaties, personal income tax, stamp duties, signboard tax, and value added tax (VAT). 

Market leaders in diverse sectors—including financial, manufacturing, consumer goods, construction, and energy—seek our advice in tax matters that span the spectrum of business activities. Whether tax considerations drive or are considered concomitantly with the deal, we draw upon our knowledge in banking and finance, bankruptcy and restructuring, commercial transactions and M&A, corporate services, employment, family law, insurance, intellectual property, property, and regulatory affairs. If litigation is required, we team up with specialized tax practitioners in our dispute resolution and litigation group.

Read about our representative work below. We have: 

  • Advised a global leader in the heavy industries sector on various tax matters related to the supply and installation of a production platform, bridges, and a flare tower in a petroleum concession (total contract price was approximately USD 1,000,000,000).

  • Acted as the exclusive Thai tax advisor to a fully integrated oil and gas corporation on various tax matters, including customs, VAT, and income tax matters and tax planning for the sale and distribution of new petroleum products in Thailand; transfer pricing issues for various sale and service transactions with its parent company; permanent establishment issues related to the sale of goods by its foreign affiliates in Thailand; and the proper structure for capital increase and loan payments to its parent/affiliate.

  • Acted as the exclusive tax advisor for a leading automaker. We advised the client on various tax matters, including tax implications and tax planning for tool sharing and various domestic and cross-border transactions with other company units, tax planning for various business operation and sales promotion plans, transfer pricing issues, and Free Zone implementation. As a result of our advice in these areas, our client was able to realize significant tax savings.

  • Advised a leading international pharmacy-led health and beauty group, which operates more than 3,200 health and beauty retail outlets around the world, on structuring corporate relationships with major department stores in Thailand, transfer pricing issues, and cross-border transactions with other company units abroad.

  • Advised a major bank in the UK, with significant retail and commercial operations in more than 50 countries around the world, on the legal and tax implications of the Long Term Cash Plan, the Private Pension Plan, and the Executive Share Award Scheme for executives who are resident in Thailand. This involved the review of hundreds of documents in relation to these executive plans. We also provide yearly updates on the legal and tax implications of these plans.

  • Acted as the Thai tax advisor to a land-based component of a leading liner shipping company on business structure, tax planning, sale of assets, and transfer pricing issues.

  • Advised one of the world’s top furniture retailers on preferential duty concessions and tax matters related to its franchise business in Thailand and sale transactions between related companies in the group.

  • Advised an international technology company on operating a representative office in Vietnam, including advising on the scope of work of a representative office, employment matters, tax matters, and government filing requirements. We prepared Vietnamese and English versions of labor contracts.

  • Advised a Singaporean company on setting up a representative office in Vietnam and handled all post-licensing matters, including providing tax and banking advice. 

  • Provided guidance to multinational corporations on tax planning and structuring business projects in Thailand, transfer pricing regulations, tax implications of financing transactions, negotiating/appealing decisions of the Revenue Department, and other tax‐related issues.

Name Position Office

Nandana Indananda

T:+66 2056 5879

E-mail

Partner
Bangkok

Thawat Damsa-ard

T:+66 2056 5500

E-mail

Partner
Bangkok

Sriwan Puapondh

T:+66 2056 5700

E-mail

Of Counsel
Bangkok

Anyamani Yimsaard

T:+66 2056 5776

E-mail

Associate
Bangkok

Doan Ngoc Tran

T:+84 28 3936 2060

E-mail

Associate
Ho Chi Minh City

Kasma Visitkitjakarn

T:+66 2056 5542

E-mail

Associate
Bangkok

Noppadon Treepetchara

T:+66 2056 5791

E-mail

Associate
Bangkok

Ratchakrit Roonpho

T:+66 2056 5783

E-mail

Associate
Bangkok

Sophea Sin

T:+855 23 964 210

E-mail

Associate
Phnom Penh

Weerawat Distapinyo

T:+66 2056 5508

E-mail

Associate
Bangkok
Datesort icon Title
November 30, 2017

Legal 500 Lauds Tilleke & Gibbins with a Tier 1 Ranking in Laos

The Legal 500 Asia Pacific  has ranked Tilleke & Gibbins as a Tier 1 Leading Firm in Laos—a status only awarded to one other law firm in the country.

The Legal 500...

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November 30, 2017

The Legal 500 Asia Pacific 2018: Fourteen Tilleke Attorneys Named as “Leading Individuals”

The 2018 edition of The Legal 500 Asia Pacific  has named 14 Tilleke & Gibbins lawyers from across Southeast Asia as “Leading Individuals.” Ten of the firm's lawyers were...

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November 29, 2017

Tilleke & Gibbins Wins Three Asialaw Firm of the Year Awards

Tilleke & Gibbins has received high accolades for its exceptional regional practice at the inaugural Asialaw Asia-Pacific Legal Practice Awards, where it was named Southeast Asia Firm of the...

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November 15, 2017

Asialaw Profiles 2018: Tilleke & Gibbins Leads Rankings in Thailand

Regional law firm Tilleke & Gibbins has again distinguished itself as the dominant domestic law firm in Thailand in Asialaw Profiles 2018, a guide to the top domestic and regional...

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November 10, 2017

Asia Women in Business Law Awards 2017: Tilleke & Gibbins Wins Two Awards

Tilleke & Gibbins took home two trophies at the seventh annual Asia Women in Business Law Awards, being recognized as Firm of the Year for Vietnam as well as Best National Firm for Talent...

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Datesort icon Title
February 14, 2018

Practical Law Global Guide 2018: Doing Business In Laos

Daoviengnakhone Detxadachanh, Dino Santaniello, Saithong Rattana

The Laos chapter of Global Guide 2018: Doing Business In..., a guide published by Practical Law in association with Lex Mundi, presents a comprehensive Q&A-style overview of...

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February 1, 2018

International Franchising (Second Edition, Release 6) – Thailand Chapter

Alan Adcock, Sriwan Puapondh

Attorneys from Tilleke & Gibbins’ active franchising practice have coauthored the Thailand chapter of International Franchising, Second Edition (Release 6), a guide to franchising law...

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February 1, 2018

International Franchising (Second Edition, Release 6) – Vietnam Chapter

Tu Ngoc Trinh

Experts from Tilleke & Gibbins’ franchising practice have contributed the Vietnam chapter to International Franchising, Second Edition (Release 6), a guide to franchising law and...

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January 31, 2018

Practical Law Global Guide 2018: Doing Business In Myanmar

Yuwadee Thean-ngarm, Sher Hann Chua, Nwe Oo

The Myanmar chapter of Global Guide 2018: Doing Business In..., a guide published by Practical Law in association with Lex Mundi, presents a comprehensive Q&A-style overview of doing...

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November 16, 2017

Myanmar: Changes to Fiscal Year Calendar and MIC Benefits

Yuwadee Thean-ngarm

As part of overall efforts to improve the business environment in Myanmar, the Union Government recently announced changes to the nation’s fiscal year calendar, while the Myanmar Investment...

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