Tag: foreigndirector
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I. Core Requirements of the New DBD Regulations Thailand remains one of Southeast Asia’s most active markets for new data center investment, but the regulatory direction is changing. On 5 August 2026, the Cabinet approved the establishment of a national Data Center Business Policy Committee. The Committee is intended to coordinate policy, standards and agency-level…
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The Department of Business Development (DBD) has introduced a series of new regulations targeting companies with foreign shareholders or foreign authorized directors, as part of its broader crackdown on nominee shareholding arrangements. These measures impose stricter requirements on fund verification and truthfulness declarations — matters of direct relevance to Chinese-invested companies already operating in Thailand…