IAS Advisory co-founder Mr Anuwat Ngamprasertkul was recently invited to give a lecture on “Family, Business and the Law” on a course organised by Udon Thani Provincial Industrial Council in northeast Thailand.

The course, Young Industrialists Udon Thani Province, Class 3 (Young FTI Udon Thani #3), is running over a period of several weeks from 18th May to 3rd August, and is aimed at budding entrepreneurs and business owners, heirs and those gaining experience in business administration.

Anuwat’s lecture, on Saturday 8th June, focused on laws and regulations governing family and business and on relevant precedent cases; also, on the causes of family conflict, preventing problems, and taking action to resolve related legal issues.

Anuwat’s session was preceded in the morning by a lecture on “Creating sustainable cooperation between the public and private sectors” by Mr Natthaphong Khamwongpin, Deputy Governor of Udon Thani Province, and was followed by a lecture on “Business management planning strategies to mitigate taxation” by Ms Wannipa Phiphobsayasit, Director of the Economic & Investment Center, Region 3 (Khon Kaen).

Family business legislation and estate planning in Thailand can be confusing, so it was a pleasure to be asked to help share knowledge as well as practical advice about how the law actually applies and how it affects families and individuals. Thank you to Udon Thani Provincial Industrial Council for the invitation to join such a beneficial and valuable study programme and to all participants for making the day so engaging! Mr Anuwat Ngamprasertkul co-founding partner