Nominee Shareholders in Thailand: What’s Illegal?
Last Updated on September 16, 2026 by Jeff Tomas A Thailand-majority shareholder list doesn’t make a business legal if the Thai shareholders are only holding shares for a foreign person. Nominee shareholding becomes illegal when it hides foreign control, bypasses Foreign Business Act ownership limits, or helps a foreigner acquire restricted land or businesses. The […] The post Nominee…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
