Structural Transformation: Converting Dormant Companies into Legitimate Housing Entities in Thailand
Business

Structural Transformation: Converting Dormant Companies into Legitimate Housing Entities in Thailand

Thailand faces a challenge with numerous 'sleeping companies' established during past lax regulations, primarily for real estate holding. These entities pose significant tax and legal risks due to their lack of commercial operations. Experts advocate for structural transformation into active housing and property management firms to ensure investor protection and regulatory compliance.

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