The government's strict crackdown on nominee businesses
Does not affect the overall investment of foreigners in Thailand
Mrs. Aromorn Traiphutham, Director-General of the Department of Business Development, Ministry of Commerce, revealed about the foreign investment atmosphere in Thailand that "Foreign investors still have confidence in Thailand's potential, with its modern infrastructure and technology that effectively supports business operations, which helps to enhance the competitiveness of foreign investors in the country. In the first 5 months (January - May) of 2025, foreign investors invested 90 billion baht in Thailand, an increase of 17,241 million baht or 24% from the same period in 2024 (88,943 million baht in January - May 2025 / 71,702 million baht in January - May 2024).
Regarding concerns that the government's strict crackdown on nominee businesses will affect foreign investment in the country, the department would like to confirm that the said policy will not affect the overall investment of foreigners in Thailand, but will be an important driving force in stimulating more foreign investors to be interested in investing in Thailand. Because of confidence in the government's management system in cracking down on gray businesses that honestly affect business operators, eliminating negative impacts from unfair competition, helping to create a transparent trading environment, enhancing a good image for investment, and helping to build confidence among foreign investors, the said crackdown policy has a positive effect on inviting foreign investors to invest in Thailand. Director-General Aromman continued that the Department of Business Development has been operating in line with the government's policy to facilitate foreigners who come to invest in businesses in Thailand to suit the constantly changing trade, investment, and economic situation, while also maintaining the stability of the country's economy continuously.
In the past, the department has developed a service system for foreign investors by providing online services for applying for foreign business licenses or e-Foreign Business since August 1, 2024, covering all processes related to applying for licenses (end-to-end), from the application process for licenses/business certificates. Electronic payment (e-Payment), electronic receipt (e-Receipt), electronic signature (Digital Signature), electronic license/certificate (e-Foreign Business License / e-Foreign Certificate) via online channels and service recipients can download business license/certificate via online channels immediately, making the request for permission to do business for foreigners convenient, fast, saving time and expenses. After the system was launched, it has been well-received by users. There has been a continuous increase in applications submitted through the system, almost 100%, replacing the Walk In service.
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