BANGKOK – Thai authorities have launched a massive investigation into illegal foreign-owned businesses operating in Bangkok. The Department of Business Development is currently leading the sweeping crackdown on proxy businesses. Officers are closely examining commercial areas where foreign investors use local Thai citizens as fronts. The primary focus of this intensive operation centers on the […]

The post Bangkok Nominee Crackdown: Authorities Inspect 112 Foreign Owned Restaurants first appeared on Chiang Rai Times.

BANGKOK — Thailand is sending a clear message to foreign investors breaking the rules: the era of the illegal nominee is over. The Thai government is aggressively ramping up its war on foreign nominee business holdings and money laundering.

The post Thailand Launches Massive Crackdown on Foreign Nominee Businesses first appeared on Chiang Rai Times.