Hi,

what happen is the shareholder leave the kingdom without close the WP and the Company?

Thanks

if you decide your not coming back to Thailand I wouldnt worry about it...they are not going to chase you

If you have a B visa, to avert suspicion get a re-entry permit, then just buy a ticket and fly away.

A shareholder of a Thai-registered company is free to leave Thailand at any time without any consequences. The same is true for an employee of a Thai company, regardless of his nationality and regardless whether or not he owns any shares in his employer's company.

Thanks to everybody for the reply.

If the people that leave is a shareholder of 41%, as someone said, "the trouble is for the company", so for the 51% that remain in Thailand. Right?

What about the company? They close after a period, like few years, or the Thai shareholder have to close the Company?

For sure they stay far from Thailand for a couple of years.

Thanks again

Better ask advise from a lawyer. If the company isn't closed, it remains a legal entity which can incur debts etc.

I agree with Mario. The visa forum is not the place to ask for guidance about managing or liquidating a company. There is the forum Jobs, economy, banking, business, investments where one can discuss such matters, and for the actual liquidation of a company it is best to consult an accountant or lawyer with experience in this field.

I have removed two off-topic posts. Discussion about tax liability of shareholders belongs in the business forum.

I also agree with Mario however the OP also mentioned leaving without canceLling his WP. If he does that and plans on coming back ever again and applying for another WP he could face difficulties. As said, talk to your lawyer and use his advice. Don't do anything stupid. Maybe you can sign your 49% over to your Thai share-holders and depending what type of business it is and the proffits et. you might be able to sell your shares to them and sign them over to be a good person.