KhaoYai Posted September 17, 2022 Share Posted September 17, 2022 I seem to remember reading that once a Thai Ltd Company is set up, its difficult to close. Is that true? If so, what's the difficulty if the company has no debts? Link to comment Share on other sites More sharing options...
OneMoreFarang Posted September 18, 2022 Share Posted September 18, 2022 3 hours ago, KhaoYai said: what's the difficulty if the company has no debts? I think that is the difficulty, to establish that the company has no debts. It seems there is a long time period to wait for other companies to declare that they want money from your company. Like an invoice coming a couple of months after some delivery. As far as I know that is at least one concern. Link to comment Share on other sites More sharing options...
yeahbutif Posted September 18, 2022 Share Posted September 18, 2022 As someone said have to wait till tax return done .but then its cost as much to close the company as when opened.... Plus taxe due.. Link to comment Share on other sites More sharing options...
KhaoYai Posted September 18, 2022 Author Share Posted September 18, 2022 Someone told me that if you sell off the assets and just stop sending in tax returns - the authorities close the company eventually. Not sure if that could lead to prosecution though. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now