Insights

What went wrong for Thai Airways

In an article series by Baker Tilly we review the state of Thai airways, from their time of initial privatization all the way to the current bankruptcy and rehabilitation. While it is easy to blame covid-19 for Thai Airways latest woes, our…

Can Thai Airways Survive

In an article series by Baker Tilly we review the state of Thai airways, from their time of initial privatization all the way to the current bankruptcy and rehabilitation. While it is easy to blame covid-19 for Thai Airways latest woes, our…

Adopting Agile

71% of companies now implement some kind of agile methodology into their business (source Capterra). It is now more than well established that agile is not just applicable to software development. However, it doesn’t necessarily mean agile …

Future Skills

The impact of COVID-19 has caused many organizations to proactively reimagine its way of working to achieve sustainable organizational success. It becomes inevitable for organizations to assist their talents to develop ability to learn agil…

Moving to Agility

The rapidly changing and globalization of the business environment has constantly introduced innovative technology and knowledge to the marketplace. Hence, it is extremely challenging for companies to remain competitive. Over the past decad…

PDPA: We’ve had a year, are we ready?

The Personal Data Protection Act B.E. 2562 (“PDPA”) originally scheduled for enforcement in 2020, was delayed via Royal Decree, to be effective on 1 June 2021. With economic conditions only starting to recover from the impact of COVID-19, t…

Five minutes with...

Tell us about yourself

I’m the Group Managing Partner and one of the founding partners of Baker Tilly Thailand and Baker Tilly Myanmar. I have over 25 years of experience in advising several hundred firms in business turnaround and debt res…

Transfer Pricing News

On the 9th of September 2020, the Thai Revenue Department (“TRD”) released an announcement regarding the reduction of fines for late filing of transfer pricing disclosure form (the “Form”) from 200,000 Baht to 5,000 Baht, which shall be fil…

Big VAT Changes for companies

On 9 June 2020, the Cabinet approved a draft act to amending the Revenue Code to collect value-added tax (VAT) from foreign electronic service (e-Service) providers and foreign digital platforms as proposed by the Ministry of Finance and th…

Tax Relief Update for May

On May 12, 2020, the Thai Revenue Department has launched a further extension of electronic tax filing (e-filing) for all businesses due to the COVID-19 situation. These tax relief measures will be applied on eligible tax month from March-A…