Published: 18.04.2026
Thailand’s Commerce Ministry is reviewing the Foreign Business Act to close loopholes involving complex ownership structures and nominee shareholders. Proposed measures include stronger disclosure requirements, asset seizure and new criminal penalties for operating without the required permissions.
According to the source, this is a legislative review rather than an already effective ban or new immigration procedure. If adopted, the proposals would make it more important for foreign investors and business owners to document genuine ownership, management and licensing in Thailand. The issue primarily affects people using Thai companies to operate in protected sectors or considering the purchase of such a business. It is worth monitoring for long-term planning and due diligence, but the proposed measures should not be treated as current requirements.