I own small company and my one year non-b expires on Feb. What would be the consequences of delaying the extension? Would I just lose my visa, or also the company? Would that cause immigration officials to visit my office? Would I be a able to apply for the visa later?
TLDR : Answer Summary
Delaying the extension of your non-B visa could lead to several consequences. Firstly, you may incur a fine of 500 THB a day for overstaying, up to a maximum of 20,000 THB. If overstayed for more than 90 days, you risk being blacklisted from entering Thailand for 5 years. While your company can remain active if you maintain accounting and tax obligations, you will need to cancel your work permit and non-B visa. You may be able to apply for a 60-day COVID extension before the visa expiration date but cannot work under that extension. If immigration officials catch you while overstaying, it could lead to severe repercussions, including possible jail time.