Group Companies & Treasury

Group structure for developers: holding, SPV and operating companiesWhat each layer of company should do, when risk separation is lost, and how Thai tax affects the group structure
Treasury Policy for Property DevelopmentA practical treasury policy framework for developers, from bank accounts and liquidity to borrowing and reporting
Liquidity Reserve: how to set and calculate itCalculate the reserve for each tier, count only the funding sources that can really be used, and stress test with an example developer group of 3 projects
Protecting customer money and separating project accountsDesign customer receipt accounts, escrow and a waterfall so that booking deposits and down payments are not used for the wrong purposeFunding & Presale, Construction, Transfer & Closing
Intercompany: loans between group companies, interest and documentationIssues under Section 65 bis (4), transfer pricing, SBT, WHT, agreements and control of loans within a developer group
Delegation of authority at group levelA single approval authority matrix for payments, borrowing, guarantees, intercompany transactions and reserved matters
Group reporting and consolidated financial statementsProject-, company- and group-level reports, closing steps, items to eliminate, and an example of intercompany profit in project costs
A group-wide chart of accounts with a single logicPrinciples for designing the chart of accounts and dimensions so that every company and project reports consistently