Home / Compliance Catch-Up
Corporate Compliance Catch-Up
What happens if a Thai company missed its filings?
Late financial statements, tax returns or shareholder lists can bring fines and, for long-dormant companies, removal from the register. The fix is usually to prepare the missing accounts, have them audited and file them with penalties paid. Check your exact status with DBD and the Revenue Department.
Bring your dormant or non-compliant Thai company back to good standing — late filings, penalty mitigation, and strike-off reinstatement.
Quick Answer
If your Thai company is behind on DBD annual filings, Revenue Department monthly returns, or audited financials, we reconstruct back-books, file all missing returns with penalty mitigation letters, and restore active status. Strike-off reinstatement also available within 10 years. From a fee quoted after review for a 1-year catch-up.
What we file
- DBD Annual Financial Statement (Sor.Bor.Chor.3) + shareholder list (Bor.Or.Jor.5)
- Audited financials by licensed CPA (mandatory annual)
- Revenue Department: PND1 (payroll WHT), PND3/53 (WHT), PND50/51 (corporate income), PP30 (VAT)
- Social Security Office (SSO) monthly SPS1-10
- Workmen's Compensation Fund annual return
- BOI reports (if BOI-promoted), FBL reports (if foreign-majority)
FAQ
- What is corporate compliance catch-up?
- A remediation package for Thai companies that fell behind on statutory filings — DBD annual filing, RD (Revenue Department) monthly PND/VAT returns, SSO submissions, audited financial statements. We reconcile back-books, file late returns with penalty mitigation, and restore the company to good standing.
- What are typical penalties?
- Fees depend on the documents, destination and urgency. Send your documents for a written quote after review — no prices are published. Any government or embassy fees are set by the authority; verify them directly before filing.
- Can a struck-off company be revived?
- Yes, within 10 years of strike-off. File reinstatement at DBD, pay penalties, submit all missing annual filings and audited financials. Once reinstated, the company is treated as if never struck off — contracts, licences, and land title revert.
- Cost?
- Fees depend on the documents, destination and urgency. Send your documents for a written quote after review — no prices are published. Any government or embassy fees are set by the authority; verify them directly before filing.
Contact: 083-2494999 · LINE @NYC168 · contact@nyclegal.co.th
Knowledge bases behind every service
3,057 answered questions written by our lawyers and translators, grouped by service. Free to read, no sign-up.
- Master Service Hub — every service we file
The cross-service index: certified translation, interpreting, visa/work permit/BOI, tax-legal-estate, cross-border M&A, aviation & maritime, and holding-company structuring.
649 answered questions
- Certified translation — every language
Certified translation across civil, academic, corporate, contractual, financial, medical, technical and IP documents — with the Notary → MFA → embassy legalization chain handled end to end.
500 answered questions
- Thai MFA consular legalization
Thai MFA legalization workflow: fees, turnaround, inbound foreign documents, and how the chain connects to destination-country apostille requirements.
500 answered questions
Official sources — company registration & BOI
The information on this page follows the official sources below. Always check the latest version before you file.
- Department of Business Development — company registration— Department of Business Development
- Board of Investment (BOI) / LTR Visa— Thailand Board of Investment
- Revenue Department — Revenue Code, income tax, VAT— Revenue Department
- PDPC Thailand— PDPC Thailand
- Office of the Council of State — Thai law database— Office of the Council of State
Related services
Most document work runs across several steps — jump straight to the next one you need.
Contact us by phone, LINE or email for a free initial enquiry and a quote after document review. Timing depends on the work and relevant authorities.
General information before proceeding: Confirm current requirements with the receiving authority before using your documents. This page is not a legal opinion for your individual case — meet the team · editorial policy
Not sure which service you need? Read the guides
Each guide answers first, then explains: decision criteria, comparison tables, the real process and the mistakes we see most often.
- Choosing a certified translation provider
How to pick a translator accepted by consular, embassy and receiving bodies
- Services for expats living in Thailand
Signature certification, residence, marriage and everyday paperwork
- Notary Public and consular legalization
The correct order of steps before sending documents abroad
- Choosing the right visa and work permit
Compare visa categories and the documents each one needs translated
- Translation by language
English, Chinese, Japanese, European, Arabic, Russian and embassy rules
- Specialized translation
Contracts, financial statements, MSDS, ISO and BOI filings
Talk to us first: 083-2494999 · LINE @NYC168 · contact@nyclegal.co.th
Frequently asked questions
- Can a foreigner own 100% of a Thai company?
- Generally no for activities listed in the Foreign Business Act, where majority foreign ownership requires a Foreign Business Licence, a BOI promotion, or treaty rights such as the US–Thailand Treaty of Amity. Manufacturing and certain export activities are largely open, and BOI-promoted activities can permit full foreign ownership together with land-holding and visa privileges, so the right structure depends on the specific activity.
- What is the minimum registered capital for a Thai company?
- There is no general statutory minimum for a Thai-majority company, but practical thresholds apply: a fee quoted after review million of paid-up registered capital per foreign work permit, or a fee quoted after review million if the foreigner is married to a Thai national, and a fee quoted after review million per foreign shareholder for a Foreign Business Licence. Capital should therefore be planned around the visa and work-permit outcome you need, not the incorporation minimum.
- How long does company registration take?
- Registration at the Department of Business Development can be completed within one to three working days once the name reservation, shareholder documents and company objectives are ready, and the VAT registration and social security registration follow afterwards. The realistic end-to-end timeline including bank account opening is two to six weeks, with the bank account usually being the slowest step for foreign directors.
- What ongoing accounting obligations does a Thai company have?
- Every Thai company must keep statutory accounts, file monthly withholding tax (PND 1, 3, 53) and VAT (PP 30) returns by the middle of the following month, file the half-year corporate income tax return (PND 51) and the annual return (PND 50), and have its financial statements audited by a Thai CPA and filed with the DBD each year. Dormant companies are not exempt — nil returns and an audited statement are still required.