​The company have plan to pay dividend in 2020, which last year 2018, company has accumulated loss brought forward, in amount of 2 million baht. In current year 2019, net profit after tax is estimated to be 5 million baht. Can the company pay dividends?

Panwa: According to the Civil and Commercial Code, Section 1200-1205, the dividend can be paid only for the profit of 3 million baht, as it is not allowed to pay dividends until the loss is resolved.

For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th

For more information, please feel free to contact us:

Office: +66 2 933 9000
Whats'App: +66 8 5713 1000
Email: bkk@panwa.co.th

Location: https://goo.gl/maps/MhJsbjkPrji51Qyt6
Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.

Address: 1560 Latphrao Road, Wangthonglang, Bangkok 10310, Thailand.