Info about VISA and WORK PERMIT near expiring

Hi everyone and thanks in advance. I just sold my shareholder in a Thai  Company and my VISA and Work Permit will expiry on 20th August. My plan is to exit from Thailand on 18th August . Afriend of mine told me that there are no problems at all and regarding my Work Permit I don't need go to Labour Dep, because the Work Permit automatically will be cancel if not renew. Anyone have knowledge in this matter? Thanks again .

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