Thai senator proposes 100% foreign ownership as nominee fix
A Thai senator proposed allowing full foreign ownership of businesses to tackle nominee companies and grey capital. Senator Prathum Wongsawat raised the idea during a Senate meeting. He also suggested that foreign investors could get residency or citizenship. The proposal aims to address long-standing issues.
<p>A Thai senator has proposed allowing 100% foreign ownership as a solution to Thailand’s nominee businesses and grey capital problems, while also suggesting investors could qualify for residency or Thai citizenship. Senator Prathum Wongsawat raised the proposal during a Senate meeting yesterday, September 1, while discussing nominee businesses and grey foreign capital in Thailand. Prathum …</p> <p>The story <a href="https://thethaiger.com/news/business/thai-senator-100-percent-foreign-ownership-nominee-fix">Thai senator proposes 100% foreign ownership as nominee fix</a> as seen on <a href="https://thethaiger.com/">Thaiger News</a>.</p>
Read full article →