1. Wholesale and Retail, it is under the supervision of Foreign Business Administration Bureau. Any foreign company (Foreign Shareholding ratio is greater than 51%) who would like to operate wholesale or retail business in Thailand is required to obtain Foreign Business License.

For more information, please see the Foreign Business Act, B.E.2542 (1999) and List 3 (14) Retail…. or (15) Wholesale…. via http://www.dbd.go.th/ewtadmin/ewt/dbdweb_EN/more_news.php?cid=329&filename=index

2. According to the Foreign Business Act, B.E.2542 (1999), the List 3 (14) and (15) are written:-

(14) Retail sale of goods of all types with the total minimum capital in the amount lower than one hundred million Baht or with the minimum capital of each store in the amount lower than twenty million Baht

(15) Wholesale of all types with the minimum capital of each store in the amount lower than one hundred million Baht

3. In case, the company having total minimum capital in the amount greater than 100 million baht for wholesale, the company are not required to obtain FBL. If the company would like to do both retail and wholesale, the total minimum capital in the amount should greater than 200 million baht

e.g., if company has 100 Mil/bath for exempt Retailing or Wholesaling (100 Mil/Baht/each), this amount of money have to fully paid-up to registered capital and the capital can’t involve with other government agencies.

4. Fee to apply for FBL, please see the Foreign Business Act, B.E.2542 (1999) Page 15 via http://www.dbd.go.th/ewtadmin/ewt/dbdweb_EN/more_news.php?cid=329&filename=index