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Hi, wondering what is required to purchase an existing Sole Proprietorship business and if it is indeed possible. The buyer and seller would both be Thai nationals.

The seller has advised when they registered the business it was done so under a "Service Paper" and they are not sure if this type of structure is still in existence. In any case, given it is a registered business and it is not a Partnership or a Company, it would have to be a Sole Proprietorship??

Incidentally it is a service based business so I believe there is less to do with registration as oppossed to a business that sells goods?

Many thanks

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