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Thailand nominee crackdown cuts new filings by 75%

3w ago2 sources

Deputy PM Suphajee Suthumpun confirmed a 75% drop in new nominee-risk business registrations in early August 2026 compared to the same period last year, from 561 to 141. The government has tightened pre-registration checks, expanded post-registration scrutiny, and cross-referenced data with welfare cards and mule accounts. Foreign investors and companies with foreign signatories now face mandatory investment explanations and bank statement verification.

Context — no action needed.

Part of an ongoing situationNationwide crackdown on foreign nominee businesses20 developments →

Sources