{"id":26820,"date":"2026-10-18T13:43:19","date_gmt":"2026-10-18T06:43:19","guid":{"rendered":"https:\/\/www.thailandlawyer.com\/en\/?p=26820"},"modified":"2026-11-02T16:41:01","modified_gmt":"2026-11-02T09:41:01","slug":"unpaid-dividends-thailand","status":"publish","type":"post","link":"https:\/\/www.thailandlawyer.com\/en\/unpaid-dividends-thailand\/","title":{"rendered":"Unpaid Dividends and Profit Disputes in Thai Companies"},"content":{"rendered":"\n

Short answer:<\/strong> In a Thai limited company, dividends are declared by general meeting resolution (or as interim dividends by the directors), may be paid only from profits, and must be paid within one month of the resolution. Unpaid dividends alone do not prove fraud; diverting profits out of the company is a different matter.<\/p>\n\n\n\n

See the main guide: Business Partner Fraud in Thailand<\/a>.<\/p>\n\n\n\n

Dividend rules<\/h4>\n\n\n\n
Rule<\/th>Content<\/th><\/tr>
Who declares<\/td>General meeting; directors may pay interim dividends when profits justify it<\/td><\/tr>
Source<\/td>Profits only; losses must first be made good<\/td><\/tr>
Timing<\/td>Within one month of the resolution<\/td><\/tr>
Reserve<\/td>At least 1\/20 of profits each time until 1\/10 of capital<\/td><\/tr>
Director duty<\/td>Directors are jointly responsible for lawful dividend distribution<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The right to dividends is personal to each shareholder.<\/p>\n\n\n\n

Warning signs<\/h4>\n\n\n\n