LEGALNotable
Phuket nominee firms face financial probe, could expand
Thai authorities have launched a financial investigation into over 100 Phuket companies suspected of being nominee fronts for foreign investors, with plans to expand probes to other tourist areas. Foreign nationals, including Israeli citizens with Thai citizenship, are linked to the network. The probe signals increased enforcement that could affect expat business owners using nominee structures.
Worth knowing about.
Part of an ongoing situationNationwide crackdown on foreign nominee businesses12 developments →