A Simple Guide to the Thai Foreign Business Act
A clear and simple guide to the Thai Foreign Business Act. Learn when foreigners can own 100% of a company in Thailand, which business activities are restricted, and when a foreign business license or BOI promotion is required.
Thailand No Longer Tolerates Nominee Companies for the Purchase of Houses
Thailand is taking a stricter approach toward nominee companies used by foreigners to buy houses and land. This article explains why Thai company structures with nominee shareholders are legally risky, what has changed in enforcement, what penalties may apply, and what affected foreign property owners should consider.