In 2021, we dispelled one of the common myths circulating among investors and even some consultants in Thailand—that of the so-called “dormant company” or inactive company status. Contrary to what many believed, we demonstrated that dormant companies do not legally exist in Thailand once a VAT registration is activated. Such companies remain fully subject to … Continue reading The Myth of Sole Proprietorship and Single Shareholder Limited Companies in Thailand: Legal Realities Unveiled
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