text: A nominee shareholder is a shareholder in name only. They are the registered owner of shares, but in fact they do not own anything. In Thailand, the penalty of being a nomiee shareholder is imprisonment not exceeding 3 years or fine between 100,000 Baht to 1,000,000 Baht or both imprisonment and fine, and there is also a daily fines of 10,000 Baht to 50,000 Baht per day and the Director of the company is also guilty.
  Besides the penalty, by having a nominee it could increase the risk in managing you business without any proper protection. So, give it a thorough thinking before starting your business. Contact us to get a free consultation and start your own business!
  Land due diligence is a critical aspect of real estate transactions, ensuring that buyers, sellers, and investors have a comprehensive understanding of the legal, financial, and physical aspects of a property.