For the Wholesale Business in Thailand is prohibited for foreign company (100% foreign ownership), except you have Thai partner for at least 51% of shareholding, or the company has the total minimum capital in the amount of 100 MB (One Hundred Million Baht). Then 100% foreign company is allowed to run the wholesale business in Thailand without applying for the Foreign Business License.
Requirements
What are the necessary requirements for Wholesale business?
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Required Licenses and Certificates
- Established company in Thailand with at least 51% of Thai shareholding
- Registration of VAT, TAX ID and Social Security