.png.3b3332cc2256ad0edbc2fe9404feeef0.png.8488ab72b8bb2e508209bfe3211b6e08.png)
-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
Popular Contributors
-
1
-
2
-
3
.thumb.jpeg.d2d19a66404642fd9ff62d6262fd153e.jpeg)
-
4
-
5
-
-
Latest posts...
-
126
Shocking Incident in Jomtien: Man Chases Tourist, with Large Knife
I reckon Thai's should carry more knives Need to cull the mentally ill foreigners. Screenrecording_20250226_050039.mp4 -
1
-
11
THAILAND LIVE Thailand Live Wednesday 26 February 2025
Police Launch Major Crackdown on Nominee Businesses in Region 8 Picture courtesy of Matichon. Police in Region 8 have launched a large-scale operation targeting illegal nominee businesses, with raids conducted at 29 locations across seven provinces. Koh Samui was a focus of one part of the operation, with seven key targets subjected to searches. Full story:https://aseannow.com/topic/1352887-police-launch-major-crackdown-on-nominee-businesses-in-region-8/ -
0
Police Launch Major Crackdown on Nominee Businesses in Region 8
Picture courtesy of Matichon. Police in Region 8 have launched a large-scale operation targeting illegal nominee businesses, with raids conducted at 29 locations across seven provinces. Koh Samui was a focus of one part of the operation, with seven key targets subjected to searches. On February 25, officers from Region 8 Police, in collaboration with immigration authorities, tourist police, and forensic teams, carried out raids aimed at uncovering foreign-owned businesses operating unlawfully under Thai nominees. The operation was part of an ongoing effort to crack down on foreign nationals using Thai citizens as proxies to own and manage businesses in the country. The investigation stemmed from a complaint filed on February 28, 2024, by the Koh Samui Municipality, which accused a company of illegally encroaching on land in Chaweng Noi, Bo Phut sub-district. The company, which was constructing luxury villas under the name “Sea Breeze,” was suspected of violating the Building Control Act B.E. 2522 (1979) and engaging in nominee business practices. Further investigations revealed that the project was owned by a German national and facilitated by a legal office that had allegedly helped foreign investors set up over 160 companies in Koh Samui. These businesses spanned various sectors, including luxury villas, rental properties, restaurants, and tourism-related services. As part of the crackdown, police conducted searches at seven key locations on Koh Samui, including the law office in question. Authorities discovered that 167 companies had been registered under this single office’s address, raising suspicions of widespread nominee arrangements. Seized evidence included company registration documents, financial records, tax filings, employment contracts, and computer hard drives. Thai law prohibits foreign individuals from owning more than 49% of a company in restricted industries, such as real estate and tourism services. However, many foreign investors circumvent this restriction by using Thai nationals as shareholders on paper while retaining full control of the business. Authorities have vowed to intensify efforts to identify and dismantle such arrangements, particularly in major tourist hotspots like Koh Samui, where foreign investment in property and hospitality is significant. This latest crackdown underscores the Thai government’s commitment to enforcing laws that protect local businesses and ensure that foreign investments comply with legal frameworks. -- 2025-02-26 -
9
Guarding Kids: Thailand's New Stance on E-Cigarettes
Didn't they do this before, a few times? -
1
Eight Injured as Pickup Truck Overturns on Slippery Road in Surat Thani
Shocker. The back tire sticking up looks like it has almost worn through the entire tread.
-
-
Popular in The Pub
Recommended Posts