Hey. I have a question about cancelling work permit and B visa. Me and my friend owns 49% of the company, but now that thai person who owns the 51% is about to kick is out of the company and cancel our visas and work permits. What options do we have and is it even possible to do that? Should we just go cancel our visas by ourselves and get out of the country and come back. Open new business without that person. Thanks
TLDR : Answer Summary
The user is concerned about the potential cancellation of their B visa and work permits by a Thai partner who owns 51% of their company. They seek options on how to proceed, considering canceling their visas voluntarily and re-entering Thailand to open a new business independently. Responses indicate that while their work permits may be canceled, they can maintain their Non-B visas and continue residing in Thailand. They can set up a new company and eventually need to obtain new work permits when gaining employment elsewhere.