Can a wholly owned medical device distribution company be established?
Yes, but the applicable foreign business licensing or exemption route must first be confirmed. Under the Foreign Business License (FBL) route, minimum capital is at least THB 3 million per business activity, with the actual amount assessed against projected operating expenditure. Paid-up capital of THB 100 million per wholesale outlet is a separate route that may qualify the wholesale business for an FBL exemption. A joint venture with genuine Thai local ownership of at least 51% may also be considered. Medical device activities must still meet Thai FDA requirements.
Alternatively, appoint MediPass as the license holder to directly submit product registration applications and hold the product registration certificates on your behalf. Your company independently selects, develops and manages its distributor network. MediPass works with your designated local distributors to coordinate compliant imports and follow-up regulatory matters.
Thailand Licensing / License Holding →