Among the ASEAN countries, Thailand is one of Singapore’s most important trading partners. As a consequence of the pandemic, Thailand’s economy has been shrinking and company liquidations – both voluntary and involuntary – are clearly on the increase. Hence it may be advisable for Singapore investors and their legal advisors to familiarize themselves with the legal framework of liquidations in Thailand.

In this feature by Dr Andreas Respondek, Sutthida Norasarn and Chonlita Saikandok of Respondek & Fan Pte Ltd you learn about Steps to be Taken for the Dissolution and Liquidation of the Company as well as Termination of Employment and Things to Watch Out for during the liquidation process.