Establishing a company limited in Thailand requires registration with the Department of Business Development
Registered partnership, limited partnership, and limited company that have already registered,
have the duties to make and submit an annual financial statement to the Department of Business Development, in order to show their financial status and business performance in the past year. Providing that there is no business transaction, or if there is business transaction with no annual financial statement submitted to the Department of Business Development, or if the registration is repealed but there is no liquidation report submitted to the Registrar or the liquidation report is not completed, the partnership’s and company’s name are still in the register. They are still considered as juristic persons, distorting the real data base of juristic person. People, therefore, possibly do not know that the partnership or company do not run business anymore, misleading people and causing damage due to the dishonesty and misrepresentation in connection with the real status of the partnership or company.
Assumptions of no business transaction or activity, or if the registration is repealed without a liquidator
Results of the removal of defunct company from the register
Roles of MVP
MVP team who is experienced in this matter is ready to provide you with full service to act as a representative and consultant for the removal of registration, liquidation, and re-registration.
Government agency involved
Department of Business Development