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.

* NEWS UPDATE * IAS Advisory announces two new partners

IAS Advisory is delighted to announce the promotion of two outstanding legal practitioners, Mr Chumphon Macharoen and Mr Supachot Prasankiattiraj, to the firm’s partnership.

In practice for 19+ years, Chumphon, head of our renowned litigation, dispute resolution & arbitration department, brings a wealth of experience and knowledge to the most complex legal disputes. He is a go-to resource for recent judgments and ongoing case and regulatory developments in Thailand, and his legal acumen, foresight and versatility have become hallmarks of the practice he has run since the firm’s launch.

Supachot is a key member of our real estate, corporate & commercial/M&A, and litigation, dispute resolution & arbitration teams. He coordinates wide-ranging regulatory and transactional matters and is also one of the firm’s data privacy & personal data protection leaders. Supachot brings unmatched strategic insight to our clients, demonstrating exceptional skill whether in high-stakes mergers, resolving complex real estate issues, leading negotiations, or facilitating transformative business transactions.

Both Chumphon and Supachot have shown exceptional dedication, expertise, and leadership in their respective practice areas. Their contributions have significantly advanced IAS Advisory’s mission and reputation and we are delighted to recognise their achievements.

Sincerest congratulations, Chumphon and Supachot! Your commitment has greatly benefitted our clients and our team, and we’re proud to reward your efforts with this well-earned promotion. 👏

IAS Advisory hosts new cohort of students on its internship programme

In recent weeks, IAS Advisory has been hosting a number of pupils from leading Thai educational establishments on its internship programme.

Ms Anna Chanviriyawut from Amnuay Silpa School joined us from Tuesday 8th April to Friday 2nd May. Ms Pinyada Sornarra from Chulalongkorn University was part of the team from Wednesday 4th June to Friday 20th June. Ms Hanna Mai Haugerudbraaten from NIST International School was with us from Monday 16th June to Friday 27th June. Mr Kongnat Buranawit and Mr Prin Apisarnthanarak, both from Amnuay Silpa School, joined us from Monday 30th June to Friday 4th July. And Mr Noparooj Chotima from Bangkok Patana School was part of the team from Wednesday 18th June to Wednesday 9th July.

All students were enthusiastic and diligent and effectively handled each assignment they were given. Throughout their time with us, they expanded their legal knowledge, acquired new skills, and left a positive impression on all staff at the firm.

IAS Advisory has so far welcomed 25 students onto its internship and training programme since its inception nearly two years ago. The firm is committed to providing opportunities for growth and giving young people a platform to learn and make a difference.

Thank you to all interns! We look forward to hearing about your future endeavours and to welcoming you again on your next visit to our offices.

Interns join IAS Advisory from Srinakharinwirot University

The firm was delighted to host two pupils from Srinakharinwirot University‘s Faculty of Social Sciences recently on its internship programme.

Mr Napach Tangpitakpaisal and Mr Pattapon Thammasan joined us for 12 weeks from Monday 6th January to Friday 28th March 2025.

Both students were enthusiastic and hard-working. They managed assignments well and adapted quickly to every task they were set. They demonstrated new skills during their time with us and enhanced their legal knowledge, and left a positive impression on all staff with whom they worked.

Srinakharinwirot University is a prominent Bangkok-based public autonomous university. Founded in 1949, it has four colleges and 17 faculties across two campuses. Several faculties run programmes jointly with overseas institutions, broadening the university’s knowledge base.

IAS Advisory has so far welcomed 17 students onto its internship and training programme over the past 18 months. The firm is committed to providing opportunities for growth and giving young people a platform to learn and make a difference.

Thank you to Srinakharinwirot University and to Napach and Pattapon! We look forward to hearing about your future success and hope you will visit us again soon.

Find out more about Srinakharinwirot University HERE.

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!

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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