Photo courtesy of KhaoSod
The Department of Business Development (DBD), under the Ministry of Commerce, announced the removal of 11,515 companies from the Bangkok business registry.
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The Department of Business Development (DBD), under the Ministry of Commerce, announced the removal of 11,515 companies from the Bangkok business registry. The announcement, dated September 2 and 16, cited two primary reasons for this action.
The first reason involves 8,420 companies that have not submitted their financial statements for three consecutive years, leading to the assumption that these companies are no longer conducting business. The second reason pertains to 3,095 companies that were registered for dissolution but failed to appoint a liquidator, did not prepare liquidation reports, or did not file for the completion of liquidation within three years of dissolution.
The DBD has coordinated with provincial commerce offices to expedite similar procedures for companies outside Bangkok. The list of companies to be removed is available on the DBD…