MSC Research The justifiable grounds when the transaction is done at the price lower than the market value. In a snapshot: The limited company and the public limited company (collectively referred to as the “Company”) are incorporated to operate a business and gain profits derived therefrom. To fulfil such objectives, the Company should not transfer […]
MSC Article Inheritance Management It is natural for anyone to desire assets for the sake of comfort, stability, and prosperity in life. The assets one acquires are not only used up for daily living, but many people also set aside a portion for future needs—both for themselves and for their family and descendants. However, while
MSC Research Environmental, Social, and Governance Due Diligence in Thailand In recent years, Environmental, Social, and Governance (ESG) considerations have gained significant prominence in Thailand’s legal and business landscape. As global emphasis on sustainable business practices intensifies, Thai regulatory authorities have developed a comprehensive framework to address ESG concerns. Below examines the current state of
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MSC Research Holding Company in Action What Is a Holding Company? A holding company is a limited company that primarily holds shares of other companies where its key source of income is dividends, rather than having its own active operation. A holding company can be used for various purposes, as follows. Tax Advantages Exemption on
MSC Research Reciprocal Tariffs How Global Markets are Shaken under Trump Administration What is Tariff? Tariff is a type of tax imposed by the government (of a particular country) on imported goods. Calculation methods of tariffs include the calculation according to the value of goods (ad valorem), the number of units of goods imported (specific
MSC Research Non-Disclosure Agreement What Works and What Doesn’t How do you think Coca Cola continues to keep its formula secret for over 130 years? Coca Cola’s formula secrecy relies massively on non-disclosure agreements, aka NDA, with its employees. Though Thailand’s trade secret law offers indefinite protection of what the law considers ‘trade secret’[1], your
