Wanderlust: Expat Life & Style in Thailand Aug / Sept 2017: The Kids & Family Issue | Page 42

Business UMPIRE LEGAL: Taking Care of Business F ledgling law firm Umpire Legal have had a busy few months since first opening in September 2016. Though this time has not been without challenges — as expected for any new business — it has proven two things for managing partner Simi Singhsachthep: One, that the future looks bright for her booming firm, and two, that experiencing the start- up journey first-hand places her in an even better stead to help her clients. Though the Asoke-based company specializes in several areas of law, in- cluding family, property, and media- tion, most of Simi’s clients come to her for assistance with their new business ideas: “The majority of my clients are expats or foreigners looking to move and do business here,” she explains, and it’s easy to see why this is the case. “There’s always scope for business in Thailand; it’s been like that for decades. Though other Southeast Asian coun- tries are now opening up to foreign in- vestment, they’re not quite as devel- oped and prepared as Thailand is.” Corporate law of Thailand is the firm’s main area of legal practice, as- sisting with company formation and business registration requirements. Simi and her team have experience working with a range of foreign and international companies in forming their subsidiary, branch or representa- tive offices in Thailand, as well as with small and medium enterprises operat- ed by foreign and local entrepreneurs. 42 WANDERLUST A lot of those entrepreneurs are expat moms who, like Simi, were looking to branch out independent- ly and become their own bosses. She has worked with many women who experimented with their business ideas until they got to a point when it was time to take things further. “I know so many women here with great ideas,” she says, “but they’re not aware of the legal requirements for starting their own business.” Whether it’s selling homemade crafts at a farm- er’s market, marketing consulting, or fitness instruction, every business needs to follow the law of the land. “It can be daunting, especially that initial meeting to understand the process,” Simi explains. “That’s why a lot of what we do here is answering questions and providing reassurance. We don’t overwhelm clients with in- formation, but rather provide easy- to-digest advice at a pace they feel comfortable with.” Umpire Legal’s corporate law ser- vice includes: ¬ ¬ Company and business reg- istration Umpire Legal can assist in the registration of your business and clearly setting out the rights and obligations of all parties. The pro- cess takes no longer than one week if all information is in order. ¬ ¬ Partnership registration Simi and the team can advise on the preferred structure for your partnership registration and help you weigh up the pros and cons of each option for your business de- pending on your requirements. ¬ ¬ Foreign business licensing While applying for a Foreign Business License is not a simple process, it can be successfully ob- tained with the right guidance and step-by-step assistance through- out the application process. ¬ ¬ Board of Investors (BOI) promotion If your business is eligible for BOI promotion, Umpire Legal encour- ages you to apply for investment promotion due to the benefits that you will be entitled to. The team can review your business and advise on the BOI category under which you may be eligible, and assist you with the application process. ¬ ¬ Intellectual property registration Umpire Legal offers a profession- al registration service for the pro- tection of your intellectual prop- erty with the Thai Department of Intellectual Property, whether it’s your trademark, copyright or patent. There is much more to the service the firm provides, of course, not least of which is the essential guidance it pro- vides on all things immigration. Simi explains that immigration matters go hand-in-hand with corporate law in Thailand, as anyone wishing to work or do business here requires a visa and a WWW.WANDERLUSTMAG.COM At just 28, Simi Singhsachthep is managing partner at burgeoning law firm Umpire Legal. Annaliese Watkins caught up with her to find out more about the essential work she and her expert team do for expats in Thailand, from assisting with business start-ups and advising on important family matters, to helping bring Ben’s Cookies to Bangkok.