The Baiyoke Tower II in Ratchathewi District, Bangkok

Thailand Tightens Grip on Illegal Nominee Businesses in Key Sectors

On November 27th, 2024, Deputy Commerce Minister Napintorn Srisunpang outlined a nationwide strategy to address illegal nominee businesses in foreign-owned firms, aiming to mitigate economic damage within 21 months.

More Than 230 Arrested in Phuket Nominee Crackdown

The plan, divided into short-, medium-, and long-term phases, was developed in collaboration with relevant agencies. The crackdown targets five high-risk sectors: tourism, real estate, transportation, warehousing, and agricultural land trading.

Full story: tpnnational.com

By Kittisak Phalaharn
TPNNational

TN

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