LEGALBackground
Nominee crackdown freezes ฿20B, registrations down 82%
Thailand's government has intensified its crackdown on foreign nominee companies, resulting in an 81.77% collapse in registrations and the freezing of more than 20 billion baht in assets, including thousands of companies, condos, and land.
Context — no action needed.
Part of an ongoing situationNationwide crackdown on foreign nominee businesses20 developments →