The nominee in an offshore structure

Long-time experience in advising on collapsed offshore structures and the hunt after luckily escaped nominees shows that many investors rely blindly on unknown nominees thousands of kilometers away and, as a consequence, have to learn the proverb “Trust kills faster than bullets” the hard way.



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The offshore company

In recent years, offshore companies are treated as a pariah and the legitimate use of offshore structures has been defamed as aggressive tax planning, base erosion and profit shifting. However, cross-border structures do not need the applause of the masses but the recognition by experts and, as a consequence, offshore companies play more than ever a vital role for sophisticated tax planning and a tax-driven value creation chain optimization. Many offshore schemes remain hidden behind the curtain, in the wings, although they are perfectly legal and do not need to fear the day light. Others are Panama Papers. How to tax-efficiently offshore the key business value-drivers Regularly, an offshore structure is just a part of […]



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Acquisitions and sales of rubber farms

The acquisition or disposal of a rubber farm in Thailand requires expert advice and support. PUGNATORIUS has broad experiences and a unique know-how in the legal structuring and financial modeling of rubber farm investments in Thailand by foreign investors.



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Seven deadly sins: The status quo of Thailand’s Foreign Business Act

FBA: The laws and regulations of Thailand’s foreigner legislation should never be underestimated. However, they can and should be carefully managed and seven deadly sins should be avoided.



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India-Thai Business Opportunities

Thai-Indian business opportunities and how to do business with Indian companies. Co-founder of ILA (Indian Law Associates) .



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Transfer pricing 4.0 in Thailand

The 2015 draft of the #TP rules had never been put into force. In September 2017 a new draft will be introduced to the public. Thailand 4.0 needs Transfer Pricing 4.0



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The usufruct in Thailand

The Top 5 legal misconceptions on usufructs in Thailand are (i) A usufruct between a married couple is legally compliant and protected. (ii) A usufruct for free is not very risky for various reasons. (iii) A usufruct can be enhanced by a contractual agreement. (iv) The usufruct of the foreign husband is no marital property. (v) A structure with two usufructuaries provides for even better protection.



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The pledge of shares

The share pledge scheme is of underestimated complexity. This post names and shames the tools and modules to quasi-protect the foreign investor by a pledge of the shares of the Thai partner.



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Preference shares in a Thai Co., Ltd.

In a foreign direct investment in Thailand a properly designed preference share structure is helpful to fulfill the requirements under the Foreign Business Act. However, ill advised reverse preference shares are harmful.



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Showbiz Thailand – The film producer

This post provides a rough overview of the legal and regulatory environment for foreign film producers to use Thailand as the location for movies, reportages, and coverages, music videos, etc. #blockbuster



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