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Legal Spotlight
     

NARIT & Associates cordially invites you to LEGAL SPOTLIGHT on:

“LAND & STRUCTURES TAX:
CHALLENGES & RECENT DEVELOPMENTS"

A practical course will talk you through Thailand's newly introduced land & structures tax as stands today for a property owner, a developer and a business. As certain pieces of subordinate legislation under the Land & Structures Act, B.E. 2562 (2019) have been gradually introduced over a course of past six months, a property owner begins to have a clearer understanding on how land & structures tax will affect him/her as the devils are in details. While our main clientele is MNCs, we hold this course to help out Thai executives and long term foreign residents working at those clientele.

In this in-house mini seminar, you will learn these crucial topics:

•   Short Overview of the Land & Structures Tax Act, B.E. 2562 (2019)
•   Four Types of Usage (Residential/Dwelling, Agriculture,
    Other Use/Commercial & Empty/Underutilized Property) & Rates
•   Main & Minor Exemptions (Household Registratio n, Foundation)
•   Recent Developments: Subordinate Legislation &
    Tax Planning/Minimizing Ideas for Property Owners
•   Case Study 1 – Empty/Underutilized Plots in Metropolitan Thailand
•   Case Study 2 – Empty/Underutilized Plots in Small Town Thailand
•   What every Foreign Property Owner Needs to Know About
    Household Registration Exemption.

Event Details:

Topic: Land & Structures Tax:
Challenges & Recent Developments
(Presentation will be in Thai)
(If there is any interest from any foreign audience,
we will hold Session 4 additionally in English)

Speaker: Narit Direkwattanachai
Date/Time:

Monday, February 3, 2020

Please select one of the following sessions:
Session 1: 10:30 - 11:30 am (in Thai)
Session 2: 1:00 - 2:00 pm (in Thai)
Session 3: 3:00 - 4:00 pm (in Thai)
Session 4: 4:00 - 5:00 pm (in English if requested)

   
Venue:   NARIT & Associates’ Office
65/101 Chamnan Penjati Business Center, 11th Floor, Rama 9 Road, Huay Khwang, Huay Khwang, Bangkapi, Bangkok 10310 (nearest MRT Station: Rama 9 exit 3) .
Cost:   Free of charge (Complimentary)
Food: Snack and drink will be provided.
Booking: Due to limited space, only 1 participant per company/organization. Additional session will be made available if more demand.

If you are interested in joining this seminar, please email us at enquiry@naritlaw.com or directly call to 02 248 2874 to book your seat.

About Speaker:

Narit Direkwattanachai, the founder and principal of NARIT & Associates, is an attorney specializing in corporate & commercial, tax and commercial disputes. Narit regularly serves clients on sales/acquisitions of local companies, investment/divestment, international sales, distributorship, franchise, cross border tax planning, transfer pricing, remittance of profit, shareholders/partners disputes and other commercial disputes.

His clients list includes publicly held companies (or their Thai subsidiaries) listed in NYSE, Frankfurt Stock Exchange, Tokyo Stock Exchange, Singapore Exchange, and Stock Exchange of Thailand, Thai subsidiaries of multinational corporations, Thai owned companies and foreign investors.

Narit holds a bachelor of laws degree with first class honors from Chulalongkorn University, Bangkok, Thailand. He won a British Chevening Cambridge Scholarship to read law at Wolfson College, the University of Cambridge, England where he graduated with a master of law degree. He pursued and received an MBA degree in finance from the Georgia Institute of Technology, Atlanta, Georgia, the United States of America, on the Georgia Rotary Student Program Scholarship. His understanding of finance and his familiarity with financial statements help him enormously when he advises clients on mergers & acquisitions, joint ventures, valuation issues i.e. a market rate in the eyes of a revenue official) and shareholders/partners disputes.

Narit commenced his legal career at Baker & McKenzie, Bangkok office. He also worked at Baker & McKenzie, Sydney office, Australia and the Investment Banking Group − Telecom, Media and Technology at DBS Bank, Singapore. Narit served on the Joint Foreign Chambers of Commerce in Thailand (JFCCT) Property Committee (2009-2011), served on the Thai Contractors Association, Subcommittee on Complaints, Laws, Regulations and Contracts (2009) and served on the East Asia Trade Dispute Settlement Advisory Committee, China Council for the Promotion of International Trade (CCPIT), China (2014) (as Advisory Member). Narit serves on the Thai Commercial Arbitration Committee, Board of Trade of Thailand and University of the Thai Chamber of Commerce (2015-2016).

Narit is regularly invited to speak at various events including East Asia Business Forum in Mainland China, Data Consult's CEO Breakfast in Bangkok, EU Administrative Meeting at the Delegation of the European Union in Thailand, Singapore-Malay Chamber of Commerce & Industry's Business Mission to Bangkok, Malaysia-based Truevenus's 5th Annual Modular & Precast Construction in Bangkok and Petroleum Institute of Thailand.

His legal/tax articles are published in the Property Report Magazine, Advance-the Australian-Thai Chamber of Commerce Magazine, and Swiss-Thai Chamber of Commerce E-Newsletter. Narit is the author of What Every Executive Needs to Know About Thailand Tax, a strategic tax planning book.

Narit is also a licensed business collateral (floating charge) enforcer.


  What Every Executive Needs to Know about Thailand TaxWinning Construction Dispute

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NARIT & Associates is a Bangkok-based international law firm serving both Thai and foreign companies by combining international perspectives with profound local expertise, in the areas of corporate & commercial, M&A, tax, real estate & construction, commercial dispute and general practice.

65/101 Chamnan Phenjati Business Center, 11th Floor, Rama IX Road, Huay Khwang, Huay Khwang, Bangkok 10310, THAILAND
T: 02248 2872  |  F: 02248 2873  |  E: enquiry@naritlaw.com
Visit: www.naritlaw.com

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