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
Procedure

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 15,000.

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:
Phone Nos.: +66 2-933 6121, +66 2 933 6122, +66 2 933 5601
(for call inside Thailand use 0 instead of +66)
Fax:
+66 2 933 6120
Email: mgr@panwa.co.th
Please CC: to our alternate email: panwagroup@gmail.com

 
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Registration of Decrease in Paid Up Captial in Thailand

by Panwa Group of Companies

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