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According to deputy government spokeswoman Lalida Persvivatana, the Department of Business Development issued the Office of the Central Company and Partnership Registration Order No.1/2026, establishing additional registration rules and procedures to prevent the use of Thais as nominee shareholders on behalf of foreigners conducting business in Thailand.

So, what happens now?

The order takes effect on April 1, 2026 and, under the new order, the department forwards the names of individuals who provide confirmations and are deemed high-risk to the Central Investigation Bureau for further examination in all cases, said Ms Lalida.

Providing false information constitutes an offence under the Criminal Code and may violate the Foreign Business Act of 1990, which carries penalties of both imprisonment and fines.

The new measures aim to enhance transparency and ensure that businesses operate in full compliance with the law.

In addition, the Business Development Department plans to conduct in-depth inspections in high-risk areas such as Chon Buri, Chiang Mai, Surat Thani, Phuket and Krabi.

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