Scenario 8
Reduce Registered Capital
Manage registered capital reductions in compliance with Thai law, including statutory notices, shareholder approvals, and DBD filings.
The Scope
Capital reduction assessment
Review reduction method and legal requirements.
Information & document verification
Collect required corporate and creditor details.
Resolution drafting
Draft shareholder resolutions and supporting documents.
Statutory notice coordination
Coordinate creditor notices and publications where required.
MOA amendment & DBD filing
Submit Bor Or Jor 3 and supporting filings.
Updated company affidavit
Arrange issuance of the updated Company Affidavit.
What we typically need from the client (included in scope)
Capital reduction details
Current and reduced capital amounts with rationale.
Reduction method
Confirmation of reduction structure and effective date.
Company documents
Latest affidavit or registration set.
Creditor details
Creditor list if statutory notices are required.
Deliverables
Signed shareholder resolution
Approval of registered capital reduction.
Statutory notice evidence
Proof of creditor notification (if applicable).
DBD acknowledgement
Filing receipt from the DBD.
Updated Company Affidavit
Reflecting reduced registered capital.
Typical timeline
Consult With Our Corporate Advisory Team
Our team is ready to guide you through the full process. Reach us on WeChat or WhatsApp.
UnionSPACE English speaking accounting team is one of the best thing i found in Thailand :) Havve tried so many accounting firm to help out with our company compliances and each and everyone of them failed massively.
Saul Goodman
Ceo & FounderI love UnionSPACE Cloud Accounting Software - that's included in our subscription. It's like we got 2 services for the price of 1 and it also allow us to review their work anytime.
Sara Wilsson
EntrepreneurThe way they explain my responsibilities during the on-boarding process makes work alot easier and smoother for both parties. Initially I felt it was an overkill but later realize it was indeed beneficial and necessary for all parties.
Jena Karlis
Store OwnerLike it or not, accounting is a pain and unionspace made it bearable and do-able even here in Thailand. Thank you
Matt Brandon
FreelancerAs Thailand tighten their grip with tax collection, having a professional accounting company is important. Unionspace made that right.
