Anuwat Ngamprasertkul, National TViasadmin

MEDIA: business law basics for setting up a Thai company

What are the basic legal requirements for starting a business in Thailand? What legal essentials should business owners know before starting out? Which legal matters require a lawyer, and which don’t?

Watch IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin. This episode premiered on Wednesday 10th May 2023 on Thai PBS, Thailand’s public broadcasting service.

Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website here: https://www.thaipbs.or.th/home

Business, Entrepreneurs, Trainingiasadmin

Empowering modern businesses at #TEDFund training

IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul was pleased to join the TED INNOVATION & BUSINESS TRAINING project, which took place from 26-27th October 2023 at the Best Western Nada Don Mueang Airport Hotel in Bangkok.

National experts and esteemed commentators and lecturers were invited to examine the needs of today’s entrepreneurs and to highlight and enhance the knowledge required for successful business ventures. Participants were also able to exchange successful business practices with industry experts and foster networks with other entrepreneurs.

The Technology & Innovation-Based Enterprise Development (TED) Fund, part of Thailand’s Ministry of Higher Education, Science, Research & Innovation, organises the TED project with the aim of helping start-ups and entrepreneurs to strengthen and grow their businesses.

This year’s line-up included: Ms Rhiaveinnta Teyvputtaranon, on “Pitching techniques for modern businesses”; Ms Paweensuda Drouin, on “Improving the image of modern executives”; and Dr Wit Sittivaekin, on the “Formula for success in modern global business.”

Anuwat was asked to talk about key Thai laws affecting modern businesses and other legal aspects that are essential for entrepreneurial success. His sessions, on 27th October, included legal considerations that affect the entire business cycle, from initial establishment and corporate structuring to phases of scaling up through mergers and acquisitions (M&A) and initial public offerings (IPOs).

He talked about family business structures and how they can contribute to significantly enhancing businesses. He highlighted the role of contracts in modern business dealings and stressed their importance over informal agreements. He gave updates on Thai labour law and their practical application in the contemporary business environment.

He also covered the importance of ensuring compliance with the Personal Data Protection Act (PDPA) in today’s data-driven world, and suggested dispute resolution strategies to help participants navigate challenges effectively.

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Anuwat Ngamprasertkul, National TViasadmin

MEDIA: know the law before living as a couple

What legal issues do unmarried couples living together face? What legal obligations and disputes arise out of cohabitation? How do you manage individual property? Whether it is men and women in general or members of the LGBTQ+ community, what preparations should be made before living with your partner?

Watch IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin. This episode premiered on Tuesday 11th April 2023 on Thai PBS, Thailand’s public broadcasting service.

Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website here: https://www.thaipbs.or.th/home

 

Data Privacy, Personal Data Protectioniasadmin

IAS Advisory delivers PDPA training & workshop event for EXAT

IAS Advisory is proud to have successfully delivered a three-day Personal Data Protection Act (PDPA) training and workshop event for the Expressway Authority of Thailand (EXAT) from 20th-22nd September 2023.

Sessions were led by co-founding partner, Mr Anuwat Ngamprasertkul, and by associate, Mr Piniti Chomsavas, who are experts in data protection and privacy law in Thailand.

Training covered PDPA general knowledge and best practice to help ensure compliance. We also went through case studies from General Data Protection Regulation (GDPR) countries, and looked at how to handle data breaches, consent management, and data subject rights.

Workshops were a hands-on experience for participants, who were divided into groups and given real-life scenarios to solve.

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Asian Legal Business, Supachot Prasankiattiraj, Thomson Reutersiasadmin

Supachot Prasankiattiraj named among Thailand’s best young lawyers

Congratulations to IAS Advisory senior associate, Mr Supachot Prasankiattiraj, for being selected as one of Thailand’s best young lawyers by Asian Legal Business (ALB), which is owned by Thomson Reuters.

Supachot was chosen as part of ALB Thailand Rising Stars 2023, which spotlights the next generation of the country’s lawyers. The list showcases 30 lawyers under the age of 40 who are performing first-class work and, in the process, earning accolades from clients and senior legal industry colleagues.

A leading title in Asia, ALB provides authoritative and unbiased insights as well as timely news about the legal industry to businesses and professionals across the Asia-Pacific and Middle East regions.

IAS Advisory co-founding partners, Ittinant Suwanjutha, Anuwat Ngamprasertkul and Siripen Kulworakulpitak were first to congratulate Supachot and were, naturally, full of praise.

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Anuwat Ngamprasertkul, National TViasadmin

MEDIA: NEA meeting in Bangkok gets national media coverage

This month’s successful New Economy Academy (NEA) meeting in Bangkok has gained further coverage, with reports appearing on national television.

The NEA, part of Thailand’s Department of International Trade Promotion under the Ministry of Commerce, held a practical training course, “Essential information for operating an export business,” for 120 selected entrepreneurs as well as other invited parties.

The meeting took place between 1st–5th September 2023 and was led by various experts in international trade and exports, including IAS Advisory co-founding partner, Anuwat Ngamprasertkul, who ran seminars on the legal aspects of operating an export business and intellectual property.

The course was packed with 10 intensive topics for five days of in-depth discussion and thought leadership, with news reports featuring Anuwat appearing on Thai TV highlighting the level of interest in the event and drawing further attention to its success.

Read the full story here!

Business, Exports, NEA, Trade, Trainingiasadmin

Anuwat co-leads NEA course for entrepreneurs and exporters

IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul was delighted to join the practical training course, “Essential information for operating an export business,” which took place between 1st–5th September 2023.

The course, held for 120 selected entrepreneurs as well as other invited parties, was led by various experts in international trade and exports and was packed with 10 intensive topics for five days of in-depth discussion and thought leadership.

Sessions focussed on the preparations that are needed to be a successful exporter, such as business planning and marketing, cost and price structuring, payment methods, logistics and customs procedures, data analytics, among others.

My session involved preparing the exporter for key legal matters, such as how to structure a legally sound business organisation, how to identify and mitigate risk, how to prepare a proper legal contract with fully aligned terms and conditions, as well as a contract drafting checklist and negotiation plan. I was delighted to share the intellectual property session, also on Day 4, with co-speaker Ms Tatchaporn Natprasertkul, partner at WE Intellectual Property Co., Ltd.

The event was organised by the New Economy Academy (NEA), part of Thailand’s Department of International Trade Promotion (DITP), Ministry of Commerce, and took place at the Four Wings Hotel in Bangkok.

For more information about the NEA, visit https://nea.ditp.go.th/.

Because learning never ends!

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AFBE, Anuwat Ngamprasertkuliasadmin

Anuwat discusses wealth sustainability & family business strategy at AFBE

The Association of Family Business Entrepreneurs (AFBE) held a recent whole-day seminar event about wealth sustainability and multi-generational business strategies for families in Thailand. Speakers at the event, which took place on Thursday 24th August, discussed the range of tools and structures available for passing businesses down from generation to generation, such as family holding companies.

My session focussed on family business organisation management from a legal perspective, as well as existing guidelines with respect to the following: the ‘connection’ of business organisations and family organisations; managing ownership of property as a joint owner in the family; conflict in family business; fair selection and selection of ‘people’; management when a competitive business is opened and the use of business secrets for personal gain; internal fraud management and spending money beyond your authority; and ownership pass-through from generation to generation.

Attendees at the event learnt how to identify short-term risks and long-term opportunities and how to achieve future business prosperity for themselves and their families.

Events such as this are just one way that the AFBE provides information and advice to its members and to family business operators. Engagement between speakers and participants is always encouraged as is sharing knowledge and personal experience.

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Business, Commercial, DITP, Tradeiasadmin

Anuwat joins DITP’s “Knock Door Africa” event as speaker

IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul was delighted to be asked to speak at the Department of International Trade Promotion (DITP)’s recent “Knock Door Africa” event, which took place on 21st July 2023.

Anuwat was welcomed in his capacity as a senior commercial lawyer and as a qualified Thailand Arbitration Center (THAC) arbitrator to help equip Thai entrepreneurs, investors and start-ups to commence safe and legally sound business operations in Africa.

It was Anuwat’s fourth appearance as part of this series of events, with previous sessions focusing on South Asia, China and Saudi Arabia.

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Data Privacy, Personal Data Protectioniasadmin

NIDA invite Anuwat to run workshop on personal data privacy and protection

Dr Auntika Na Pibul, a professor at the Faculty of Laws, National Institute of Development Administration (NIDA), invited IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul to run a half-day workshop as part of NIDA’s recent two-day personal data privacy and protection training course, which was held for nationwide university staff in Thailand.

The training course, led by Dr Auntika and several other PDPA experts, took place from 13-14th July 2023.

Anuwat’s workshop focussed on enabling participants to understand and prepare consent and privacy notices, part of a broader examination of personal information management techniques under Thai law and European standards for university workers.

For more information about NIDA, visit: https://nida.ac.th/en/

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