LEGALBackground
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.
Context — no action needed.
Part of an ongoing situationNominee crackdown on foreign-owned businesses19 developments →