The 7 Largest Tax Consultant in Bangkok

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Explore prominent consulting firms in neighboring countries, such as those referenced in Manila, Naypyidaw and Kuala Lumpur, to gain insights into the dynamic business landscape of ASEAN. These firms contribute to the region’s enterprise vibrancy, positioning Bangkok, Thailand as a hub for strategic insights and innovative solutions.

Top Tax Consultant Alternatives in Bangkok

The economy of Thailand is dependent on exports, which accounted in 2021 for about 58 per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 17.367 trillion baht (US$495 billion) in 2022, the 9th largest economy of Asia. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. Its currency, the Thai Baht, ranked as the tenth most frequently used world payment currency in 2017.The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand's agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP respectively. The construction and mining sector adds 4.3 percent to the country's gross domestic product. Other service sectors (including the financial, education, and hotel and restaurant sectors) account for 24.9 percent of the country's GDP. Telecommunications and trade in services are emerging as centers of industrial expansion and economic competitiveness.Thailand is the second-largest economy in Southeast Asia, after Indonesia. Its per capita GDP 247,828 baht (US$7,069) in 2022 ranks fourth in Southeast Asian per capita GDP, after Singapore, Brunei, and Malaysia. In July 2018, Thailand held US$237.5 billion in international reserves, the second-largest in Southeast Asia (after Singapore). Its surplus in the current account balance ranks tenth of the world, made US$37.898 billion to the country in 2018. Thailand ranks second in Southeast Asia in external trade volume, after Singapore.The nation is recognized by the World Bank as "one of the great development success stories" in social and development indicators. Despite a per capita gross national income (GNI) of US$7,090 and ranking 66th in the Human Development Index (HDI), the percentage of people below the national poverty line decreased from 65.26 percent in 1988 to 8.61 percent in 2016, according to the Office of the National Economic and Social Development Council's (NESDC) new poverty baseline.Thailand is one of the countries with the lowest unemployment rates in the world, reported as one percent for the first quarter of 2014. This is due to a large proportion of the population working in subsistence agriculture or on other vulnerable employment (own-account work and unpaid family work).

The Biggest Tax Consultant in Thailand

Bangkok, the capital city of Thailand, is home to many tax consultants who provide expert advice and services to individuals and businesses. However, if you are looking for alternatives or want to explore other options, here are three popular options to consider:

  • 1. EY Thailand: EY (Ernst & Young) is one of the leading global professional services firms, and their Thai office offers a wide range of tax consulting services. They have a team of experienced tax professionals who can assist you with tax planning, compliance, and advisory services. EY Thailand is known for its expertise in both local and international tax matters, making them a reliable choice for individuals and businesses with complex tax requirements.
  • 2. KPMG Thailand: KPMG is another prominent global professional services firm with a strong presence in Thailand. Their Thai office provides comprehensive tax consulting services to clients from various industries. KPMG Thailand’s team of tax experts can assist you with tax planning, compliance, transfer pricing, and other tax-related matters. They are known for their technical excellence and deep understanding of local tax laws and regulations, making them a trusted choice for businesses in Bangkok.
  • 3. PwC Thailand: PwC (PricewaterhouseCoopers) is one of the “Big Four” accounting firms globally, and their Thai office offers a range of tax consulting services. PwC Thailand’s tax team consists of highly skilled professionals who can assist you with tax planning, compliance, transfer pricing, and other tax-related matters. They have a strong reputation for providing innovative tax solutions and staying up-to-date with the latest tax developments in Thailand and internationally.
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