Tax

Tax Services in Thailand

Our Tax Law practice provides comprehensive tax services for both individuals and companies, ensuring efficient tax strategies and compliance across various sectors. We understand the importance of aligning our advice with our clients’ unique requirements, striving to offer solutions that optimize their tax position in Thailand and internationally.

Our team ensures that clients are well-informed and prepared for all aspects of tax compliance requirements. With a focus on efficiency and client satisfaction, we handle the intricacies of each business with the utmost care and professionalism.

With a proactive approach, we help our clients anticipate changes and adapt their tax practices accordingly.

Tax Services

Lex Nova offers guidance on a wide array of tax matters both in Thailand and internationally, including:

 

  • Providing tax planning and compliance strategies for individuals and businesses.
  • Assisting with tax implications of corporate activities and individual investments in Thailand.
  • Offering guidance on indirect taxes, transfer pricing, and double taxation treaties.
  • Ensuring tax registration, filings, and compliance for businesses and individuals.
  • Advising on tax-efficient employee compensation and benefits planning.
  • Representing and assisting clients in tax disputes and negotiations.

 

Lex Nova also committed to keeping our clients informed about the latest tax developments affecting their operations and strategies in Thailand. 

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Contact us

For further information on how our team can assist your business ventures in Thailand, feel free to contact us. Our team of legal experts is here to provide tailored advice and support to help you navigate the complexities of corporate affairs and achieve your business goals. Contact us today to schedule a consultation.

FAQ

I'm a foreign investor in Thailand and need help with tax planning. What tax services does Lex Nova Partners provide?

Lex Nova Partners provides comprehensive tax services for both individuals and companies, ensuring efficient tax strategies and compliance across various sectors in Thailand. Our Tax Law practice includes tax planning and compliance strategies, assistance with tax implications of corporate activities and individual investments, guidance on indirect taxes and transfer pricing, double taxation treaty benefits, tax registration and filings, tax-efficient employee compensation planning, and representation in tax disputes. We understand the importance of aligning our advice with your unique requirements, striving to offer solutions that optimize your tax position in Thailand and internationally. Located in Bangkok, our team at Lex Nova Partners ensures you're well-informed and prepared for all aspects of tax compliance while handling each case with utmost care and professionalism.

How can Lex Nova Partners help me with annual tax filing requirements in Thailand?

Lex Nova Partners provides comprehensive support for annual tax filing requirements in Thailand, including assistance with PND 91 personal income tax returns and revenue department certificate applications. We've successfully assisted individual clients with annual tax filings and helped clients navigate late tax filing negotiations with the Thai Revenue Department. Our team handles the complete tax filing process, from document preparation and income assessment to submission and follow-up with tax authorities. We also assist with tax filing for income transferred from overseas entities, including registered entities in the United States and other jurisdictions. At Lex Nova Partners, we ensure your annual tax filings are accurate, compliant, and optimized for your specific situation, while helping you avoid penalties and maximize available deductions and benefits under Thai tax law.

What are the tax implications of my real estate investments in Thailand, and how can Lex Nova Partners help?

Lex Nova Partners provides specialized tax advice for real estate investments in Thailand, helping clients navigate the complex tax implications of property ownership, rental income, and capital gains. We've assisted individual clients with tax situation assessments based on real estate investments and new regulations related to taxable income in Thailand. Our team also advises Singaporean investment funds on tax implications of investments in Thai real estate companies and other entities. We help assess capital gains tax exposure for property transactions and negotiate with authorities for proper asset evaluations. At Lex Nova Partners, we stay current with evolving real estate tax regulations and help you structure your property investments tax-efficiently while ensuring full compliance with Thai tax requirements for both individual and corporate real estate investors.

Can Lex Nova Partners help me claim benefits under Thailand's Double Tax Treaties?

Yes, Lex Nova Partners has extensive experience with Double Tax Treaty applications and benefits in Thailand. We've successfully assisted individual clients with Double Tax Treaty benefits applications and negotiations with the Thai Revenue Department. Our team provides guidance on utilizing Thailand's extensive network of double taxation treaties to minimize tax burdens for international investors and businesses. We help assess treaty eligibility, prepare necessary documentation, and navigate the application process with Thai tax authorities. Lex Nova Partners also provides opinions on taxable income for cross-border transactions, including royalties and dividends paid from Thai subsidiaries to foreign companies and holding structures. Our expertise in international tax planning ensures you receive maximum benefits available under applicable double tax treaties while maintaining full compliance with both Thai and foreign tax obligations.

I have income from overseas that I'm bringing to Thailand. What are my tax obligations?

Lex Nova Partners provides specialized guidance on tax obligations for overseas income brought to Thailand, particularly with recent changes in Thai tax regulations affecting foreign-sourced income. We've assisted clients with tax filing requirements for income transferred from registered entities in the United States and other jurisdictions, and helped assess tax situations based on new regulations related to taxable income in Thailand. Our team evaluates your specific circumstances, including tax residency status, types of income, and applicable exemptions or treaty benefits. At Lex Nova Partners, we help you understand your obligations under Thailand's evolving tax rules for foreign income, ensure proper compliance with filing requirements, and optimize your tax position through strategic planning and available treaty protections.

How does Lex Nova Partners assist with corporate tax planning and compliance in Thailand?

Lex Nova Partners provides comprehensive corporate tax planning and compliance services for businesses operating in Thailand. We assist with tax implications of corporate activities, including mergers, acquisitions, restructuring, and investment transactions. Our team provides guidance on transfer pricing requirements, indirect taxes including VAT and specific business taxes, and tax-efficient employee compensation and benefits planning. We've advised French law firms on taxable income for cross-border transactions and assisted investment funds with tax implications of investments in various Thai companies. At Lex Nova Partners, we help businesses anticipate tax changes and adapt their practices accordingly through proactive tax planning. Our corporate tax services ensure your business maintains compliance while optimizing tax efficiency across all operations in Thailand and internationally.

What should I know about capital gains tax on share transactions in Thailand?

Lex Nova Partners provides specialized advice on capital gains tax implications for share transactions in Thailand. We've successfully assisted individual clients in assessing tax exposure for capital gains on share transactions and negotiated with authorities for proper company asset evaluations. Capital gains tax in Thailand varies depending on factors such as holding period, taxpayer status, and transaction structure. Our team at Lex Nova Partners evaluates your specific situation, including applicable exemptions, treaty benefits, and optimization strategies. We also handle negotiations with tax authorities regarding asset valuations and tax assessments. Whether you're an individual investor or corporate entity, Lex Nova Partners ensures you understand your capital gains tax obligations and helps structure transactions to minimize tax impact while maintaining full compliance with Thai tax regulations.

Can Lex Nova Partners represent me in tax disputes with Thai authorities?

Yes, Lex Nova Partners provides representation and assistance in tax disputes and negotiations with Thai tax authorities. We've successfully represented clients in negotiations with the Thai Revenue Department on various matters including late tax filings, tax assessments, and Double Tax Treaty applications. Our team handles disputes ranging from individual tax matters to complex corporate tax issues. We provide strategic advice on dispute resolution options, prepare comprehensive responses to tax authority inquiries, and negotiate favorable settlements when possible. At Lex Nova Partners, we understand the Thai tax authority procedures and have strong relationships that help achieve positive outcomes for our clients. Our tax dispute representation ensures your interests are protected while working toward efficient resolution of tax controversies and maintaining good relationships with Thai tax authorities.

How does Lex Nova Partners help with transfer pricing compliance in Thailand?

Lex Nova Partners provides comprehensive transfer pricing guidance to ensure compliance with Thailand's transfer pricing regulations. We assist multinational companies and related entities with transfer pricing documentation, arm's length pricing studies, and compliance with Thai transfer pricing rules. Our team helps establish proper transfer pricing policies for intercompany transactions including services, royalties, and goods transfers. We've provided opinions on taxable income for cross-border royalties and dividends between Thai subsidiaries and foreign parent companies and holding structures. At Lex Nova Partners, we help you navigate Thailand's transfer pricing requirements, prepare necessary documentation for tax authority reviews, and ensure your intercompany pricing meets arm's length standards. Our proactive approach helps prevent transfer pricing disputes while optimizing your global tax efficiency within compliant structures.

What tax registration and ongoing compliance requirements does Lex Nova Partners handle for businesses in Thailand?

Lex Nova Partners handles comprehensive tax registration and ongoing compliance requirements for businesses operating in Thailand. Our services include initial tax registrations for new businesses, VAT registration and compliance, withholding tax registrations, specific business tax requirements, and ongoing filing obligations including monthly, quarterly, and annual returns. We also assist with revenue department certificate applications and maintain compliance calendars to ensure timely filings. Our team at Lex Nova Partners helps businesses understand their specific tax obligations based on their industry and structure, ensures proper registration with relevant tax authorities, and provides ongoing support to maintain compliance. We also keep clients informed about tax developments affecting their operations, helping businesses adapt to regulatory changes and optimize their tax compliance processes.

How can Lex Nova Partners help international investment funds with tax planning in Thailand?

Lex Nova Partners provides specialized tax advice for international investment funds investing in Thailand. We've successfully assisted Singaporean investment funds with reviewing tax implications of investments in different types of Thai companies, including real estate companies and other sectors. Our team evaluates fund structures, investment vehicles, and exit strategies to optimize tax efficiency for fund operations. We provide guidance on withholding taxes, treaty benefits, and compliance requirements for foreign funds. We also advise on tax implications of different investment structures and help funds navigate Thai tax requirements while maintaining tax efficiency in their home jurisdictions. At Lex Nova Partners, we understand the complex tax considerations facing international investment funds and provide tailored solutions that support your investment strategies while ensuring full compliance with Thai tax regulations.

Why should I choose Lex Nova Partners for tax services in Thailand?

Lex Nova Partners stands out through our comprehensive and tailored approach to tax services in Thailand. We provide expert compliance support and develop customized tax strategies that align with your unique requirements, optimizing your tax position both in Thailand and internationally. Our proven track record includes successful negotiations with the Thai Revenue Department, complex international tax planning for investment funds, Double Tax Treaty applications, and representation in tax disputes. Located in Bangkok, our team combines deep knowledge of Thai tax law with international expertise, helping clients from France, Singapore, the United States, and other jurisdictions. At Lex Nova Partners, we take a proactive approach, helping you anticipate tax changes and adapt accordingly. Our focus on efficiency and client satisfaction, combined with our commitment to keeping clients informed about latest tax developments, makes us your trusted partner for all tax matters in Thailand.