Can business in Thailand change it’s legal entity type?

Certainly, it is possible for a business in Thailand to alter its legal structure. This process entails multiple steps, such as seeking guidance from experts, establishing a new entity, transferring assets and operations, dissolving the old entity, and informing stakeholders. The specific procedures involved can differ based on the current and desired legal structures as well as the applicable laws. It is essential to seek professional advice and ensure that all steps are executed properly to prevent any major legal or financial repercussions.