Thailand is an important exporter both of foodstuffs and of automobile parts. Find out more about the import/export business from our Thai company formation agents. Contact us at: https://www.thaicompanyformation.com.

1. Import and Export in Thailand
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2. Import and Export in Thailand
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• Thailand is ranked among the top twenty
exporters in the world and has a positive
trade balance.
• With a favourable position between China
and India, Thailand is an attractive location to
base an import/export business.

3. Thailand Imports
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• Thailand imports crude petroleum, integrated
circuits, gold, raw materials and consumer
goods.
• Investors who want to open a company in
Thailand that engages in any type of
import/export activity need to comply with the
local rules and regulations set forth by the
Customs department.

4. Thailand Exports
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• Thailand exports a wide range of goods,
including textiles, footwear, foodstuffs (primarily
fish, seafood, and rice), jewelry, computers and
computer parts and petroleum.
• The country also has a developed automotive
industry, making it an exporter of cars and car
parts.
• Import and export licenses are required for
many types of products, including raw materials,
petroleum, agricultural products or
pharmaceuticals.

5. Thailand’s Trade Partners
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• The surrounding Asian countries are the main
trade partners of Thailand, however, one of its
top export partners is the United States.
• Others include China, Hong Kong, Japan, and
Malaysia.
• Top import partners include China, Japan,
Singapore and Malaysia.

6. Import and Export Procedures
in Thailand >>
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• Thailand is an attractive location to base an
import/export business because of the
relatively low set up and maintenance costs.
• All companies in Thailand need to be
registered with the Department of Business
Development of the Ministry of Commerce and
our Thai company formation agents can
help you during this step.

7. >>Import and Export
Procedures in Thailand
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• Companies can start the import/export
trading once they are registered, they have a
bank account and are registered for Value
Added Tax.
• The Customs process in the country has been
streamlined in recent years through an
electronic system. One of our agents can give
you more details on this one-stop-shop for
traders.

8. Requirements for Import/Export
Companies in Thailand
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• Companies in Thailand that are involved in
import and export trading must comply
with the ongoing requirements.
• All goods imported in Thailand need to be
reported to the Customs department. Other
requirements include a review of the
controlled goods and the proper payment of
duties and taxes.

9. Company Formation in Thailand
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• According to the Foreign Business Act,
businesses in a number of industries must have
a Thai national as the majority shareholder. This
is not applicable for most businesses involved in
import/export trading, however, investors are
advised to seek counselling.
• Company formation in Thailand takes place
according to a number of requirements and it
involved several steps, among which selecting
one of the five main types of companies.

10. Assistance for Company
Incorporation in Thailand
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• Our team of Thailand company formation
agents can help you comply with the various
requirements for foreign investments and
ownership and can help you with company
registration.
• Contact us for more information on foreign
investment and policies in Thailand.

11. Thank You
for Your Attention!
For more information please contact us at:
office@attorneysinthailand.com
https://www.thaicompanyformation.com
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