Mr. Poonpong Naiyanapakorn, Director-General of the Department of Business Development, Ministry of Commerce, revealed that the DMS is preparing two announcements from the Bangkok Metropolitan Business Registration Office regarding the delisting of 11,234 legal entities. All are entities with their headquarters in Bangkok, falling into two categories: 1) Failure to submit financial statements for three consecutive years, leading to the belief that they are no longer conducting business (8,446 entities); and 2) Registration for dissolution but without a liquidator, without a liquidation report, or without registering the completion of liquidation with the registrar within three years of registration (2,788 entities). For legal entities located outside of Bangkok, the DMS has coordinated with provincial commerce offices to expedite verification. Prior to similar action,

on August 19, 2026, the Department of Business Development will announce the list of legal entities to be deregistered via the Department of Business Development website, www.dbd.go.th, under the heading "Business Guide," select "Information Services," then "Business Registration," and finally "Announcement of Deregistration and Reinstatement of Dormant Companies." Legal entities listed in the announcement can submit clarifications to the registrar within 90 days of the announcement date. Failure to do so will result in the deregistration of the legal entity immediately, unless otherwise demonstrated. Once a legal entity is deregistered, it can no longer conduct any transactions. However, the liability of managing partners, partners, directors, managers, and shareholders remains and is enforceable. Nevertheless, a legal entity may be reinstated to the register by petitioning the court within 10 years from the date the registrar deregistered it. Therefore, the Department urges all legal entities to comply with the law to contribute to building credibility and ensuring accurate and complete financial information to build confidence among both Thai and foreign investors.

Director-General Poonpong added that he warns legal entities to comply with the law to reduce the burden of conducting business, including lost time, expenses, and fines. To establish a good standard of transparency in business practices in Thailand, including updating the database of inactive legal entities annually, which will help break the cycle of criminals using inactive company information or names for fraudulent purposes. Citizens can check the information or status of legal entities themselves 24/7 via the Department of Business Development website www.dbd.go.th under the online services section, then selecting DBD Datawarehouse+, or through the DBD e-Service application on their mobile phones. Guaranteed to be easy, convenient, fast, with immediate results and no cost. #SuperDBD #DepartmentofBusinessDevelopment #MinistryofCommerce

Go To Lead