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Posted

I have a thai registered  C0.LTD company. I have ceased trading as of now. I understand it can take 2 years to close the company officially. My question is....What if I just do nothing?

Any helpful response will be appreciated.

Thanks

Posted

AFAIK the directors continue to incur fines (not substantial) for non-lodgement of annual filings etc. Notice of the fines are mailed to the company's last known registered address and the directors' addresses. Unlike some other countries, Thailand no longer strikes off dormant companies are many years of no filings, so the fines will snow-ball.

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