LEGALNotable
Thailand's nominee crackdown cuts new filings by 75%
Thailand's crackdown on nominee businesses has reduced new registrations in the high-risk category by 75% (141 vs 561 last year). The government is tightening pre-registration checks, extending post-registration scrutiny to changes in shareholders or directors, and linking databases with the Land Department to uncover nominee land ownership. Foreigners involved in Thai businesses or property should be aware of heightened enforcement.
Worth knowing about.
Part of an ongoing situationNationwide crackdown on foreign nominee businesses12 developments →