Tax
Asia-Pacific Guide 2024 : Thailand
Band 2
About
Provided by Blumenthal Richter & Sumet
Blumenthal Richter & Sumet’s Tax Practice, led by Senior Partner Sumet Mingmongkolmitr, has an established 30-year-long reputation for innovative tax planning in Thailand and regularly advises on complex tax issues relating to foreign investment, tax and customs issue, offshore tax structuring and other areas.
Our tax specialists advise multinational corporations, foreign investors, and Thailand’s leading companies including individuals on how to structure complex business transactions and arrangements, and provide pre-emptive tax solutions and investment strategies for our clients’ diverse legal requirements. The team regularly advises on personal tax, corporate tax, value-added tax (VAT), withholding tax (WHT), Tariff Code, customs duty exemptions, joint venture tax considerations, tax planning for consortiums and tax savings under international tax treaties.
Our expertise spans a wide range of sectors including automotive and automobile parts, energy, mechanical components, industrial zones, tourism, education, transportation, pharmaceuticals and life sciences, private clients/individuals, and real estate.
Both Sumet individually and our Tax Practice have been consistently ranked in leading directories such as Chambers Asia Pacific, The Legal 500 and the ITR World Tax Rankings.
Chambers Review
Blumenthal Richter & Sumet has significant expertise in the tax law space in Thailand, providing advisory services and also representing clients in contentious matters. The team is especially knowledgeable in relation to customs matters, alongside VAT, stamp duty, withholding tax and transfer pricing. The firm assists clients from a range of sectors, including manufacturing, engineering and technology.
Strengths
Provided by Chambers
"Blumenthal Richter & Sumet provides very impressive services and a quick response with complete opinions and advice towards our requirements."
"They are able to research and provide solutions."
"Blumenthal Richter & Sumet provides very impressive services and a quick response with complete opinions and advice towards our requirements."
"They are able to research and provide solutions."
Notable Practitioners
Sumet Mingmongkolmitr has a wide-ranging practice which includes transactional, advisory and contentious tax and customs matters. He regularly advises clients on HS Code regulations, as well as import tariff declarations, transfer pricing, stamp duty, VAT and withholding tax.
"He provides a perfect service quality."
"He provides accurate solutions."
Ranked Lawyers at
Blumenthal Richter & Sumet
Thailand
Industries
Provided by Blumenthal Richter & Sumet
Manufacturing
Private Clients