Yes. An Export Only company may import raw materials from foreign suppliers, process or manufacture them in Thailand, and export the finished goods to overseas buyers. The company is registered with Thailand Customs (e-Customs) as part of the setup process, enabling it to clear imports and manage export documentation. UnionSPACE can also assist with customs clearance as an additional service.

A minimum of two shareholders is required — the same as a standard Thai limited company. Both shareholders may be foreign nationals or foreign entities. No Thai shareholder is required.

Yes. Export Only companies that manufacture or substantially transform goods in Thailand are generally eligible for a Certificate of Origin confirming the goods are Made in Thailand. This is a significant commercial advantage for companies selling to markets where Thai-origin goods enjoy preferential tariff treatment under FTAs. UnionSPACE can assist with the C.O. application.

Yes. An Export Only company must operate from a government-approved industrial estate. There are approved locations across three zones — Zone 1 (Bangkok and vicinity), Zone 2 (Eastern Seaboard and Central), and Zone 3 (Upcountry). The choice of industrial estate should be confirmed before registration, as the company's registered address must be within an approved zone.

Any domestic Thai sales would constitute a breach of the Export Only framework. The company would lose its FBA exemption and become subject to the Foreign Business Act's restrictions on foreign ownership — with potential regulatory and tax consequences. It is essential that all revenue continues to be derived exclusively from overseas buyers. UnionSPACE advises clients on maintaining compliant operations post-registration.