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ฉบับภาษาไทย: อ่านหน้านี้เป็นภาษาไทย

Does a Thai company with no revenue still have to keep accounts?

Short answer

Yes. The obligation attaches to registration, not to trading. A dormant company must still keep books, have its financial statements audited by a CPA, hold the annual shareholders' meeting, and file with the DBD and the Revenue Department — with nil figures where there was no activity.

Dormant companies are where penalties quietly accumulate. Monthly VAT returns are still due if the company is VAT-registered, withholding tax returns are due for any payment made, and the annual DBD and tax filings run on the normal deadlines. Because nothing is happening commercially, nobody watches the calendar, and the first sign of trouble is often a summons or a blocked filing when the owners try to reactivate or close the company years later.

If the business genuinely will not trade, decide deliberately between keeping it compliant and dormant, or dissolving it. Dissolution is a defined process — shareholder resolution, DBD registration of dissolution, public notice, a liquidator, tax clearance and a final audited liquidation account — and it is far cheaper to run once than to keep filing nil returns for a company nobody intends to use. Scope, turnaround and fees are confirmed by IVC staff by phone, LINE or email — this site does not publish prices.

Reviewed as of 2026-08-04. General guidance only, not case-specific advice and not a guarantee of outcome. Government fees, conditions and processing times are set by the responsible authority and can change. This site does not publish prices — please ask our staff.

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