Category Archives: Thai Limited Company

Limited Company Doing Tourism Business in Thailand

Tourism industry in Thailand is the industry which provides or gives services in return for remuneration in connection with tourism activities within and outside the Kingdom as follows: – Tour business – Tourist hotels business – Business relating to restaurants, service places and resorts for tourists – Business relating to the sale of souvenirs or […]

Types and Characteristics of Shares of Thailand Limited Company

The shares of Thailand limited companies are divided into the following two types : 1. Ordinary Shares or Common Shares Ordinary shareholders have common rights according to THE CIVIL AND COMMERCIAL CODE, CHAPTER IV LIMITED COMPANIES and CHAPTER V LIQUIDATION OF REGISTERED PARTNERSHIP, LIMITED PARTNERSHIP AND LIMITED COMPANIES  which are as follows: 1.1   Every ordinary […]

What happens when you liquidate a company ?

Some company owners decide to close down the business and they register for dissolution but fail to file a liquidation report or register the liquidation with the registrar. In this case, the Department of Business Development will revoke the registration of companies that register for dissolution, where in the liquidation process, the liquidators either failed […]