Closing a Thai company can entail a complex and lengthy process and more often than not it presents issues regarding outstanding liabilities and revenue department taxation.
Company dissolution in Thailand requires two main steps: the financial auditing process, or closing audit, and the legal process to de-register the company with the Thai Ministry of Commerce and Revenue Department.
The average time for dissolving a company in Thailand ranges between 45-90 days, depending on a number of variables, including but not limited to the complexity of the financials, the amount of registered capital and the presence of corporate shareholders.
Our legal, administration and accounting experts have skillfully and successfully conducted many company dissolutions in Thailand. Benefitting from vast experience in tax laws, we at MPG are capable of completing the process swiftly and seamlessly.