For closing of company, in step of closing the bank account, there are two signatories to our local Thai bank account with Kasikorn Bank and both are foreigners ( beside myself, the other is my boss in Cyprus). Do I need to be physically present in Bangkok to close the company bank account? Currently, I cannot travel to Bangkok because of COVID 19. If I need to be physically present in Bangkok to close the bank account/documentation, then we cannot proceed with planned closing of the company. Please advise.
Panwa: Actually for the process of closing the bank account, the signatories must come to present themselves in the Bank directly, but I can suggest you to do the other alternative way, which is you can withdraw out all the money and then we can serve you for duplicate the bank statements for such process of audit report, then leave the bank to close automatically.
Anyways, please see the details and procedure for the step of closing down company. Click here
For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th