Thailand intensifies crackdown on foreign nominee firms
Thailand's campaign against foreign nominee shareholding has escalated into a full-scale enforcement effort involving 23 agencies, over 14,800 tax probes, 17,556 land investigations, and thousands of police cases. The crackdown has cut high-risk company formations by 65%, but foreign investors warn that widening scrutiny is raising compliance costs and delaying legitimate transactions.
Part of an ongoing situation
Nominee crackdown on foreign-owned businesses (24 updates so far)
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