Registration of Decrease in Paid Up Capital - Thailand

Paid up capital is the actual amount of money that shareholders have contributed or have fully paid to the company. In return shareholders get shares and/or voting share within the company.  Please note that the amount of capital decreased shouldn’t be over than ¼ of the total current capital.

Here in Panwa Group, we provide assistance to our clients in registration of decrease in paid up capital whenever their company needs to decrease its capital. Below are our Timeline, fee and required documents.

Procedure and Timeline

Two main phases for decreasing capital in Thailand.

Phase 1.

Timeline	Step	Procedures
Oct 1	1.	We will advertise the resolution of change of capital in a local newspaper and we will send an invitation letter for an extraordinary shareholders meeting. This process will be taken effect within 14 days.
Oct 15	2.	We will prepare the application forms for you and we will request the director to sign it in our office.
Oct 16	3.	We will submit the change of capital to the D.B.D ( Development Business Department )
Oct 17	4.	One more time we will advertise the change of capital in a local newspaper and we will send an invitation letter for the extraordinary shareholders meeting. Then we will have to wait 30days. If no opposition from any side within 30days, the phase 2 can start.

 Phase 2.

Please note that is any opposition arise from any shareholders for decreasing capital we will be obliged to stop our service at this step.

Timeline	Step	Procedures
Nov 17	5	We will prepare the application forms for you and we will request the director to sign these forms in our office.
Nov 18	6	We will submit the decrease of capital to the D.B.D ( Development Business Department )

 

 

 

 

 

Fee is Baht 30,000 (depend on case)

• The above fee is valid until December 31, 2022.
• In case of sending documents to be signed outside Thailand, the above fee will have an additional charge of Baht 5,000.
• In case of sending the invitation letter to the shareholders oversea the post cost is Baht 95 per person for the S.E Asia zone
• Please note that if an opposition would appear before the beginning of the phase 2 the fee above will not be refunded.

Provision Cost for change of decrease in Paid Up Share Capital (information provided by Panwa)	Baht
Service Fee	15,000
Government fee	1,600
Advertisment in local newspaper	1,500
Esitmated post cost for sending invitation letter for the meeting	120
Total cost	18,220

Required documents

1. Copy of Company Affidavit 1 set
2. Copy of Shareholders list (BOJ.5) 1 set
3. Copy of the Director’s ID card (if Thai nationality) or Passport ( if foreigner).
4. Details of the decreasing share capital; by decreasing par value of share, by decreasing no. of share/s.

For more information, please feel free to contact us: Office Phone Nos.: +66 2 933 9000 Email: panwagroup@gmail.com WhatsApp : +66 81 919 6225 Bangkok Address: 1560 Latphrao Road, Wangthonglang, Bangkok 10310, Thailand.

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