Thailand Tightens Control of Nominee Companies (Nominee Structures)
Thailand has tightened its review of nominee company structures under DBD Order No. 1/2569, effective 1 April 2026. Foreign investors can no longer rely only on formal Thai shareholding structures. Authorities are increasingly examining who actually provides capital, controls the company, and benefits economically. Existing companies with Thai shareholders should review their structures carefully to avoid legal and tax risks under the Foreign Business Act.