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Thailand cracks down on illegal foreign-owned businesses
MULTIPLE REPORTS·Published ·Main source · Al Jazeera
Story essentials
Thai Government, Ministry of Commerce
Thailand
Original reports
Thai authorities are cracking down on businesses using 'nominee' shareholders to bypass foreign ownership laws.
The government has identified 50,000 foreign-linked companies for scrutiny after AI-assisted database checks.
Foreigners are generally prohibited from holding more than 49% of local businesses under the Foreign Business Act.
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
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