recycler Posted March 5, 2015 Share Posted March 5, 2015 I have a Thai Co. Ltd. that has not been used for 5 years, it's by now free of VAT claims and could be dissolved. But just before setting that in motion I wonder if it is an option to sell it? It has enough registered capital to support 1 or 2 workpermits, I've had 2 and later only 1 on it until I moved my job just over 5 years ago in to a Thai company that I did business with a lot. Link to comment Share on other sites More sharing options...
onthemoon Posted March 5, 2015 Share Posted March 5, 2015 Why would anybody buy an unused company, not knowing whether there are any old legal claims still pending? It would be wiser for them to open a new company. Link to comment Share on other sites More sharing options...
recycler Posted March 6, 2015 Author Share Posted March 6, 2015 To set up a new company has become very expensive for foreigners. This company has been maintained by an accountant and there is 5 years of no activity with full tax records, accountant and auditors reports. After 5 years all assets are depreciated so there is no VAT owed anymore, the company has a VAT number. A possible buyer may want a due diligence preformed to make sure it's free of claims, no problem. Link to comment Share on other sites More sharing options...
vieseng Posted March 8, 2015 Share Posted March 8, 2015 The co is under what category? Is that you plan to sell it ? Link to comment Share on other sites More sharing options...
recycler Posted March 9, 2015 Author Share Posted March 9, 2015 The co is under what category? Is that you plan to sell it ? What do you mean by category? It's a normal Thai Co. Ltd. with 1 million Baht capital and it has broad description of activities, that can be trading, consulting, import, export, etc. It's registered in Chonburi. Link to comment Share on other sites More sharing options...
onthemoon Posted March 12, 2015 Share Posted March 12, 2015 What is your selling point? Why should anybody buy your company rather opening a new one? Link to comment Share on other sites More sharing options...
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