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Business – “Thailand’s Sudden Enforcement: Understanding Nominees, Bank Accounts, and Border Checks”

Article Summary:

Phuket is witnessing a shift in the enforcement of regulations affecting foreign business owners in Thailand. For years, many believed that as long as operations ran smoothly, scrutiny would be minimal. However, recent developments indicate that this assumption is changing.

Thai authorities are moving beyond merely having regulations on paper; they are actively monitoring compliance across multiple agencies. These efforts were highlighted in late January and early February when officials from the Department of Business Development (DBD) and the DSI implemented on-the-ground checks.

This increased vigilance serves as a stark reminder to foreign business owners that they must adhere to regulations, signaling a new era of active enforcement in Thailand’s business landscape. It emphasizes the importance of compliance and the potential ramifications of non-adherence.

Original Article:

Nominees, Bank Accounts, and Border Checks: Why Thailand’s enforcement is suddenly feeling very real

Phuket has become a visible reminder that Thai authorities are moving from written regulations to active enforcement, signaling to foreign business owners that compliance is now being closely monitored across multiple agencies.

PATTAYA, Thailand – For years, there has been a quiet understanding among many foreign business owners in Thailand, as long as nothing goes wrong, nobody looks too closely. That assumption is starting to crack. Over the past few days, Phuket has become a very public reminder that Thailand’s authorities are no longer content with rules existing on paper. They are enforcing them on the ground, across agencies, and with consequences that are no longer theoretical.

Phuket: Where the spotlight is turned on
In late January and early February, officials from the Department of Business Development (DBD), working alongside the DSI,…

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