State crackdown prepared for foreigners using Thai nominees

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The story "State crackdown prepared for foreigners using Thai nominees" was covered 8 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 8h ago

State crackdown prepared for foreigners using Thai nominees - Bangkok Post

Quick Summary:

The Commerce Ministry has drafted a plan to deal with foreign businesses that use Thai nominees to operate in the country.

Mr Napintorn said the department can currently deny business registration for two reasons: when the company directors are bankrupt or legally incompetent.

The meeting approved plans for the short, medium and long term for proposal to the Committee on Foreign Product and Business Compliance and the cabinet.