{"id":755,"date":"2022-11-25T23:30:55","date_gmt":"2022-11-25T16:30:55","guid":{"rendered":"https:\/\/unionspace.co.th\/doing-business-living-bangkok\/?p=755"},"modified":"2022-11-25T23:33:21","modified_gmt":"2022-11-25T16:33:21","slug":"winding-up-closing-a-thai-limited-company","status":"publish","type":"post","link":"https:\/\/unionspace.co.th\/doing-business-living-bangkok\/winding-up-closing-a-thai-limited-company\/","title":{"rendered":"Winding Up \/ Closing a Thai Limited Company"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Once you have incorporate your Thai Limited Company, it is a legal entity by itself and should your business cease to operate anymore, it is important that you close the company properly to avoid unexpected penalty and costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What do you need to prepare and submit to close a Thai Limited Company?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Final Balance Sheet (last 2 years) and Audit Reports<br>&#8211; Notify Revenue Department to close your Tax Account<br>&#8211; Publish an Announcement on a local newspaper<br>&#8211; Submit and update details at the Ministry of Commerce after 45 days of announcement on the newspaper<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Required Documents:<br>&#8211; Company affidavit<br>&#8211; DBD and RD login details<br>&#8211; Director(s) signed ID card\/passport copy<br>&#8211; Company stamp<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The entire process to close a Thai Limited Company will take approximate 3 months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you need to close your Thai Limited Company, you may contact <a href=\"https:\/\/unionspace.co.th\" target=\"_blank\" rel=\"noreferrer noopener\">UnionSPACE Accounting &amp; Legal<\/a> team to assist you with it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Line: <a href=\"https:\/\/l.facebook.com\/l.php?u=https%3A%2F%2Flin.ee%2FsqS7VlQ%3Ffbclid%3DIwAR0urMiK3ERJqfnyX4Pe100UM09_8yDYjrK5joiuUDBuG93eVK42YH9w9o0&amp;h=AT1wkV_ukRa20T7ApNgUgiRdY2O9PEhTaDpj4_0NG2hDTY318ounOBEcU_v2M8FNM8wtz9dXgzY0_g5GBWQ17-sFUQSKFJHVu7B7-ehJiCyb3ayP58-9mWRUJcK68RIzVg&amp;__tn__=-UK-R&amp;c[0]=AT2XT2KccfeLtCWYgIbz0xA6M2EbTxj9f0aL52DwecTIOOM0m4Mo_zMjqBYsbbRrePe8iWWhv-uReQYyicq_JnrfYz6picI6nBBFGZKqKTUE26I2LKuAZeyAxPZKWVWtKbNhHLP7iDnNByFPoi28sj2k3Javp4LSranhAte0UiJXSKiv5oemrhRGoc-epVZazrGFBgUnv9ftlxm8mg0nWoXpkJ2kpDjZywA3EH_NThY0E6E0kww\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/lin.ee\/sqS7VlQ<\/a><br>WhatsApp: <a href=\"https:\/\/wa.me\/66620155533?fbclid=IwAR12qSKud0gWRXQnjQEouS3qwJk3tA_kEM-mYvaL_bohe1YPp1Lt-b3YU94\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wa.me\/66620155533<\/a><br>Website: <a href=\"http:\/\/www.unionspace.co.th\/?fbclid=IwAR0yMgbM3aK4kRJBaTbsphQjsMtR5BgcCps7oxJ0gtAVZpe-r1eh7JBJq8E\" target=\"_blank\" rel=\"noreferrer noopener\">www.unionspace.co.th<\/a><br><img loading=\"lazy\" decoding=\"async\" height=\"16\" width=\"16\" src=\"https:\/\/static.xx.fbcdn.net\/images\/emoji.php\/v9\/ta9\/1.5\/16\/260e.png\" alt=\"\u260e\ufe0f\">02-036-0600<br><img loading=\"lazy\" decoding=\"async\" height=\"16\" width=\"16\" src=\"https:\/\/static.xx.fbcdn.net\/images\/emoji.php\/v9\/t17\/1.5\/16\/1f4e7.png\" alt=\"\ud83d\udce7\">sales@unionspace.co.th<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once you have incorporate your Thai Limited Company, it is a legal entity by itself and should your business cease to operate anymore, it is important that you close the company properly to avoid unexpected penalty and costs. What do you need to prepare and submit to close a Thai Limited Company? &#8211; Final Balance&#8230;<\/p>\n","protected":false},"author":4,"featured_media":756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,31],"tags":[100,167,129,17],"class_list":["post-755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-business-in-thailand-foreigner-locals","category-thailand-law-and-tax","tag-business","tag-closing","tag-company","tag-thailand"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Once you have incorporate your Thai Limited Company, it is a legal entity by itself and should your business cease to operate anymore, it is important that you close the company properly to avoid unexpected penalty and costs. 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