Tax
Asia-Pacific Guide 2025 : 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,gift tax and transfer pricing. The firm assists clients from a range of sectors, including manufacturing, engineering, transportand technology.
Strengths
Provided by Chambers
"The professional opinion given is always concise, meets our requirements and is prompt."
"Blumenthal Richter & Sumet has expertise in many fields of work."
"The professional opinion given is always concise, meets our requirements and is prompt."
"Blumenthal Richter & Sumet has expertise in many fields of work."
Notable Practitioners
Sumet Mingmongkolmitr has a wide-ranging practice which includes transactional, advisory and contentious tax and customs matters. He regularly advises clients ontax audits, as well as import tariff declarations, transfer pricing, stamp duty, VAT and withholding tax.
"Sumet has excellent problem-solving skills."
Ranked Lawyers at
Blumenthal Richter & Sumet
Thailand
Industries
Provided by Blumenthal Richter & Sumet
Manufacturing
Private Clients