Legal Services & Resources
Up to date legal information pertaining to Thai, American, & International Law.
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The Real Reason for Thai Immigration Crackdown on Corporations?
Crackdowns continue in Thailand especially regarding the use of Thai nominees whereby one issue concerns a certain group of foreign nationals using tourist visas to operate nominee businesses thereby evading tax too.
Amity Treaty Negates Need for Nominees in Thailand?
Setting up a Company using Thai nominees is illegal in Thailand and can be avoided by American nationals who can avail themselves of the Amity Treaty which permits 100% ownership of a company.
"Amendments to the Foreign Business Act" in Thailand?
The Thai Cabinet is considering amendments to some business categories in the Foreign Business Act, which may not be approved especially after the recent incidents involving foreigners flouting certain laws in Thailand.
Concerns and Alternatives to Nominee Corporate Structures in Thailand?
Thai Authorities are cracking down on companies using nominee structures, but there are also legal alternatives which could be discussed with a lawyer in order to ensure that one's company is set up in compliance with the law.
No "Safety in Numbers" for Foreign Companies in Thailand?
Doing business in Thailand is not the same as in past times whereby nowadays, Thai Law Enforcement is carrying out regular crackdowns which make it more difficult for illegal setups to remain unnoticed.
Perils and Pitfalls of "Preference Shares" in Thai Companies?
Although in many instances legitimate Preference Share Corporations are possible, oftentimes there are instances where a Thai shareholder has no involvement in the company in any way which may not pass any scrutiny.
Fake Foreign "Lawyers" and "Enablers" in Thailand?
Foreigners who require legal services in Thailand should avoid lawyers who recommend utilizing nominee setups, especially to buy land as both acts are not legal under Thai law and could lead to negative consequences.
One Does Not Spell Thai O-E-C-D?
It seems like Thailand has set a target to join the OECD by 2028, even though the benefits to Thailand are not obvious, and in fact may hurt the business sector overall.
"Financial Tracking Protocols" at Thai Banks?
Banking in Thailand used to be fairly straightforward, whereas nowadays, in an effort to get rid of mule accounts, financial tracking protocols have been tightened and financial privacy is disappearing.
"Immigration Raids" and Intensified Audits of Businesses in Thailand?
Thai Authorities are intensifying crackdowns on illegal businesses with the aid of AI and digital tools, which makes it very necessary to ensure that one's business is in compliance so as to avoid any future issues.