Thai senator proposes full foreign ownership to end nominee businesses
Senator Prathum Wongsawat has proposed allowing foreigners to own 100% of businesses they fully finance, arguing the current 49% ceiling encourages nominee structures, grey capital and corruption. The proposal also suggests investment thresholds that could qualify foreigners for residency or citizenship. This change would directly affect expat entrepreneurs by potentially removing the need for Thai business partners.
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Nominee crackdown on foreign-owned businesses (24 updates so far)
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