MEDIA: need-to-knows if you want to have a business partner

For entrepreneurs seeking to establish a new enterprise, forming a strategic partnership can facilitate accelerated growth by boosting capital and sharing ownership and management responsibilities. Yet, frequent news reports of conflicts between investors and management have raised questions about whether such partnerships represent value or a potential source of problems.

Before deciding to enter a partnership, it is essential to understand the legal requirements. So, what are the main factors to consider when agreeing to collaborate? What legal principles must be addressed in forming and maintaining strong business alliances? What legal considerations are key to successful and compliant business partnerships? How do you resolve shareholder disputes and what can you do to prevent them?

Join the discussion with IAS Advisory co-founder Mr Anuwat Ngamprasertkul in a podcast episode of the programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This podcast aired on 25th November 2025 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

Key takeaways from “SME How to Scale Expo 2025” workshop

Summary of key points from the session, “Holding Company Secrets for SMEs – Tax Savings & Business Expansion Preparation,” conducted by IAS Advisory co-founder Mr Anuwat Ngamprasertkul and firm partner Mr Supachot Prasankiattiraj at FlowAccount’s recent event, “SME How to Scale Expo 2025.”

A “one-company, all-in-one” business model may not be the best long-term solution. Establishing a holding company is a strategy modern SMEs need to know!

⚠️ Problems faced by SMEs without a holding company:
• Double taxation: when reinvesting profits, money flows through the owner (individual), resulting in higher personal income tax rates.
• Risk of portfolio seizure: if one business fails or is sued, then all assets in your name could be seized.
• Difficulty expanding: the structure doesn’t facilitate investor participation in specific projects.

Benefits of a holding company (like having a “Pi Xiu” guarding your assets):
• Tax management: dividends transferred from subsidiaries to the holding company (parent company) can be tax-exempt (subject to conditions). This ensures that there are ample funds available for immediate reinvestment.
• Asset protection: separate “assets” (e.g., land, brands) from the “operating company.” If a subsidiary is sued, then the assets held in the holding company will remain safe.
• Easy business expansion: it’s easy to spin off new businesses or form joint ventures (JVs). Investors can choose to invest only in businesses they are interested in.

💡 Key takeaways: a holding company is a shield and a tool for wealth multiplication.
1️⃣ Separate assets from risk: don’t put all your eggs in one basket. Separate risky businesses from important assets.
2️⃣ Plan taxes for further investment: leverage the corporate structure to reduce double taxation, allowing for more working capital to expand the business.
3️⃣ Prepare for the future: a good structure will attract investors and partners more easily and facilitate a smoother transition of the business to future generations.

#FlowAccount #SMEHowToScale2025

— Upcoming event — “SME How to Scale Expo 2025” on 19-20th Dec

Join IAS Advisory co-founder Mr Anuwat Ngamprasertkul and new firm partner Mr Supachot Prasankiattiraj at the “SME How to Scale Expo 2025,” presented by FlowAccount!

Following the success of last year’s event, this year’s expo will be taking place over two days from Friday 19th December to Saturday 20th December at Sasin School of Management.

Anuwat and Supachot will be running a workshop on Day 1 from 10:45-12:15, where they’ll be discussing strategies for holding companies that small and medium-sized enterprises (SMEs) including family businesses can use as well. They’ll also be sharing insights into how to save on taxes and prepare for business expansion.

For more information and details about how to register, visit FlowAccount’s event page HERE.

📢 Save the date! 📢 * SME How to Scale Expo 2025 * on 19-20th December at Sasin School of Management.

— Upcoming event — “TED Grant Prep Program” on 28-Nov

Look out for IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul, who will be sharing insights on how strategic IP leverage can drive real business growth, at “TED Market Scaling Up – Grant Prep Program (Batch 8)” on Friday 28th November 2025.

Thailand’s Technology & Innovation-based Enterprise Development Fund (TED Fund) is a government initiative that aims to support technology and innovation entrepreneurs by providing funding and resources to help them develop and scale their businesses. It plays a key role in enhancing the country’s startup ecosystem and fostering economic growth through innovation. Visit the TED Fund website HERE.

📢 Save the date! 📢 * TED Market Scaling Up – Grant Prep Program * event on Friday 28th November 2025 @ Le Meridien Bangkok Hotel (Atelier 01 Meeting Room, 5th Floor).

Supachot & Piniti run workshop at “SME How to Scale Expo 2024”

IAS Advisory was delighted to contribute to the recent “SME How to Scale Expo 2024,” presented by FlowAccount. The expo welcomed 40 mentors and hosted 50 workshops over two days and served as a platform for in-depth discussions about all aspects of business including leadership, team building, operations, legal, finance, tax, marketing, and more.

The theme of the event, which took place from 10th-11th December at Bangkok’s Central Post Office Building in Bang Rak, was “Scaling your business through upskilling.” Attendees benefitted from hearing about the real-life experiences of a range of different leaders, each an expert in their respective field.

IAS Advisory Senior Associate Mr Supachot Prasankiattiraj and Associate Mr Piniti Chomsavas ran a workshop on the legal aspects of “Succession planning and professional management of the family business.” Topics included preparation and planning for a successful family business, roles and responsibilities of family members, managing and resolving conflicts in family business, and effective management of family assets.

Thank you to the organisers of the “SME How to Scale Expo 2024” for your efforts and support, and for creating such a vibrant platform for training, learning and development. We look forward to getting involved again next year!

MEDIA: what to look out for when entering a loan agreement

What are the essential do’s and don’ts of lending and borrowing money? Whether financial institution-to-individual or person-to-person, loan agreements are needed to protect against exploitation and litigation. What are the requirements of the agreement as seen from both sides? What terms and conditions should borrowers be aware of?

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 23rd May 2023 on Thai PBS, Thailand’s public broadcasting service.

Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

 

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.

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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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 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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