Thailand
445 Employees
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Third-party revenues
$2,367,224,464
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Related-party revenues
$87,620,909
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Total revenues
$2,454,845,372
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Profit before tax
$171,961,284
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Tax paid
$34,852,500
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Tax accrued
$35,697,348
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Tangible assets
$874,424,375
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Stated capital
$15,759,106
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Accumulated earnings
$29,103,747
Main business activities
- Integrated Gas
- Downstream
- Trading and Supply
Shell’s footprint
The Shell Company of Thailand Ltd was established 130 years ago and its activities include downstream and integrated gas. Shell is strengthening its non-fuel retail businesses in Thailand and expanding retail sites across the country. In addition, the current focus area is also entry into LNG supply and cleaner energy.
Country financial analysis
Thailand has three different types of taxes: 20% corporate income tax on taxable profits, 10% branch profit remittance tax and a 50% petroleum income tax for integrated gas entities. Profit arising in 2021 is mostly from the Downstream business.
