🚨 POLICE WARNING: Invest in Thailand Legally — Say NO to Illegal “Nominee” Arrangements
Thailand warmly welcomes foreign investment, but all business operations must comply strictly with Thai law. Using Thai nationals as “nominees” or establishing shell companies to disguise foreign ownership of land and prohibited businesses is illegal.
⚖️ Real Case Precedent (Hua Hin Provincial Court):
A foreign national was sentenced to 6 months imprisonment, and the juristic entity was fined 10,000 THB for using a nominee arrangement to unlawfully acquire real estate.
📌 Key Compliance Guidelines for Foreign Investors:
Do It Right: Register your business entity transparently through the Department of Business Development (DBD).
Obtain Proper Licenses: Apply for a Foreign Business License (FBL/FBC) or apply for Board of Investment (BOI) / EEC privileges for up to 100% legal foreign ownership.
Avoid Legal Pitfalls: Never sign shell company structures, utilize nominee shareholders, or conceal true funding sources.
📞 Report Suspicious Activities / Emergency: Contact your local police station or call the 191 Emergency Hotline (Available 24 Hours).
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