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

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

 

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!

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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Anuwat at AFBE to discuss how to resolve conflicts in family businesses

The Association of Family Business Entrepreneurs (AFBE) invited IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul to appear as a speaker for the session, “Managing and preventing conflicts in family businesses before they escalate.”

A variety of topics were shared and discussed in closed group sessions at the event tailored according to each participant’s needs, including family business organisations, holding companies, business succession plans and methodologies, as well as fraud prevention mechanisms.

The event, which was held for the benefit of both members and non-members of the AFBE, took place on 22nd June 2023.

For more information about the AFBE, visit: https://afbefamilybusiness.com/

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Anuwat joins committee for selecting teams at National Mediation Competition ’23

Co-founding partner Mr Anuwat Ngamprasertkul was privileged to join the committee for selecting teams at this year’s National Mediation Competition.

The event was held at the Thailand Arbitration Center (THAC) in Bangkok and took place over three days from 25-27th January 2023.

Competition now in its fifth year

The competition, now in its fifth year, is organised by THAC and involves simulations of commercial disputes to encourage and inform Thailand’s next generation of mediators and negotiators.

The event provides an excellent opportunity for 2nd, 3rd and 4th year degree students to participate in a mediation from start to finish and for teams to get experience of the whole mediation process, from gathering initial viewpoints, to focusing on interests, to creating win-win options, to evaluating possibilities, to outlining a valid compromise agreement.

It also provides an opportunity for young mediators and negotiators to showcase their skills, connect with peers, and pick up new mediation and negotiation techniques.

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