Open a Trading Company in Thailand
Updated on Friday 25th November 2016
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Many overseas businessmen choose to open trading companies in Thailand and benefit from the favorable import and export environment in the country. In order to open a company in Thailand and to import or export goods it is necessary to register the business with the Trade Register in Thailand, Our experts in company formation in Thailand can provide you with the necessary information and assistance related to the company registration procedure in the country.
Conditions to open a trading company in Thailand
In order to start the trading activities, it is necessary to register your company and to activate your operations with the custom institutions in Thailand. Also, you will need to register for VAT and to open a bank account in Thailand. The next step is to apply for a permit that allows you to import and export goods using the air and the sea transportation. The Foreign Business Act 1999 allows foreign businessmen to open trading companies in Thailand without restrictions for many goods. The Department of Foreign Trade in Thailand is in charge with the necessary licenses for imported good like vehicles, printing machines or clothes.
The Food and the Drug Administration is the institution that deals with the export and import of pharmaceuticals and legal substances or drugs. The Ministry of Finance in Thailand is in charge with the import of gold. Our company formation specialists in Thailand are able to legally assist you if you want to set up a trading company in Thailand. The company registration procedure in Thailand is a simple process and can be done within a few days.
The required documents to open a trading company in Thailand
In order to open a trading company in Thailand and to legally start your activities, it is mandatory to prepare the documents, to submit them to the Customs Department in Thailand, in order to receive the license card to import and export goods. The application form KSK1, details about the bank account, the seal registration, the affidavit, the VAT certificate and the power of attorney are a few of the needed documents necessary to open a trading company in Thailand. A special license will be necessary if you wish to import tobacco, alcohol, and pharmaceuticals.
Please feel free to get in touch with our company registration agents in Thailand, if you need additional information or recommendations about how to open a trading company in Thailand.