Thailand is considering significant reforms to the Foreign Business Act that could remove licensing requirements for several service industries. The proposed changes may make it easier for foreign investors to operate software development, treasury centre and intra-group management businesses in Thailand without obtaining a Foreign Business License. … Read More
FBA
Thailand’s Bold Leap: Proposed Foreign Business Act Amendments to Boost Competitiveness
Thailand’s Bold Leap: Proposed Foreign Business Act Amendments to Boost Competitiveness Thailand is taking a significant step towards a more dynamic and competitive economic future. Recent reports in the Bangkok Post and The Nation have highlighted the Cabinet’s approval in … Read More
Thailand’s Unprecedented Crackdown on Illegal Nominee Structures: Compliance Options
Thai authorities are executing their most aggressive campaign to date against illegal nominee structures used to bypass the Foreign Business Act (FBA). This multi-agency enforcement effort, widely reported by outlets such as the Bangkok Post, leverages powerful new data integration tools … Read More