Export/manufacturing company is an ideal structure for businesses intending to sell their goods solely abroad. Foreigner could own 100% of this type of company upon approval by the BOI.
Overview of an Export/Manufacturing Company
Foreign Ownership
Up to 100%
Capital Requirements
2 million THB in registered capital to support each foreigner’s work permit
Tax Rate
Regular progressive corporate income tax rates
Foreign Business License
Not required since these activities are not restricted to foreigners under the Foreign Business Act
Business Restrictions
Source of income limited to export/manufacturing, in case of a fully foreign-owned company
Registration Duration
1 week or less for incorporation (≈ 3 months if a factory license would be required)
Benefits of an Export / Manufacturing Company
100%
Foreign Ownership
Thailand welcomes foreign investment, particularly businesses that are beneficial to the country’s economy. Unlike the majority Thai limited company, export and manufacturing companies in Thailand can enjoy a privilege of not having to comply with the minimum 51% Thai shareholding requirement.
In order for foreigners in an export or manufacturing company to hold 100% or majority shareholding and rights in a limited company operating the manufacturing or export businesses, there must be no indication or operations of any other business activities when outlining the company’s registered objectives. This means that the company cannot have any source of income other than from the manufacture and export businesses.
How much?
The total fee to setup a majority / 100% foreign owned Export / Manufacturing Company inclusive of the Exporter Membership (Department of Foregin Trade) , Exporter License (Custom Department), 1 year VAT Approved Flexi Office Rental (with lease agreement), 1 year Virtual Office & Call Answering Service and Assistance during Revenue Department and Customs Officer inspection is only
THB215,000
: Download 100% Foreign Own Export Company Brochure :Registration Process and Requirements
Export companies in Thailand must register with the Customs department to obtain a paperless import-export license (this requirement also applicable for companies involved in the business of import).
Prior to obtaining this license, the export company should be registered for VAT with the Revenue department and have a corporate bank account in its name in Thailand. Manufacturing companies in Thailand must also check on whether there is a requirement for a factory license, or any other licenses relevant to the manufacturing business. The manufacturing and export companies must apply for all necessary licenses and permissions that may be required for the manufacturing or exporting business, whereby the requirements depend on several factors such as the type of products that will be manufactured and exported out of the Kingdom, and the size of the manufacturing and exporting operations.
Ready to Get Started?
Start your Thai business with a peace of mind knowing that it is set up on sound legal foundations and with your best interest in heart.
Client Testimonials
A Few Words from Our Satisfied Clients
Leonardano
Superverse Co Ltd
Thanks Jake for handling our accounts and tax reporting so promptly. Appreciate your patience when you were attending to our questions initially.
Pla
MyHushies
I didn't know accounting is so easy. All i do is upload all my receipts and invoices and you guys sort out everything for me. Thank you
Paul Lim
Zen Design
You guys really make doing business in Thailand alot easier. Bookkeeping & Monthly Tax Reporting all sorted. Thanks alot!
Some of the Companies We Helped Register
How UnionSPACE Can Help
We Take Worry & Uncertainty Out of Registering an Export/Manufacturing Company
Let our legal team strip you of the worries and responsibilities regarding the company registration and do the heavy lifting for you. We will reliably guide you through the entire process from start to finish and can even help with the post-registration services, such as immigration, tax filing, business compliance and more.
Fast Communication
Our English-speaking lawyers communicate promptly and with clarity.
Value for Money
Our pricing is affordable and designed to fit your budget.
No Hidden Costs
There are no more hidden fees or unexpected surprises hiding around the corner.
No Forms to Fill In
You will never have to touch a legal form (apart from signing it).
Talk to our Company Incorporation Expert
If you have any inquiries, simply reach out to us and one of our friendly consultant will assist you.
Chat with us
...or give us a call
We're open from 9am to 6pm Monday to Friday.
Other Business Services that we offer
Virtual Office
A fixed-fee shared office that gives your business a legal and formal front that comes with back office support such as mail handling, call handling, guest reception, on-demand meeting facilities and more. Approved by DBD and Revenue Department as the Alternative Office.
Start from THB1,090/month
Virtual Office Approved for VAT
Due to gov't regulation, a business that is registered for VAT must have a permanent office space. This is an upgraded version of Virtual Office. This service comes with a permanent office space for legality purposes as well as the necessary documentation to satisfy gov't requirements to allow your business to register for VAT.
Start from THB50,000/year
Serviced Office
A fully furnished office space for 2 to 6 people for your business. 24/7 Electricity, Air Conditioning and accessible 24/7 all for 1 fixed fee a month. Also include local phone number, receptionist service, access to meeting rooms and more.
Start from THB12,000/month
On-demand Conference Room
Our fully equipped meeting room is available for hourly or whole day rental.
Start from THB350/hour
Photo / Video Studio
Our well equipped photo studio with curved wall and various lighting options is available for hourly or whole day rental.
Start from THB700/hour
Private Event / Training Space
Our versatile cafe can be converted into your own private event space. Great for hosting private functions, company meetings or training, seminars or event parties.
Special Discount Available Now
Incorporate Incorporation Service
Setting up a business in bangkok is easy. We can even help you incorporate your company without you leaving your home.
Start from THB27,500 all-inclusive
Work Permit / Visas
Thailand gov't has made it easy and clear to apply for work permits and visas. Contact us for an effortless work permit or visa service. Our experienced team will give you an honest and straight-forward route to obtain the necessary Permits or Visa.
Straight Forward & Reliable
Accelerator Partners
Government & Associations
International Hub
Corporate Partners
In celebration of Redd Premium Self Storage x UnionSPACE partnership
All UnionSPACE clients / members will automatically enjoy an extra 10% discount for all Redd Premium Self Storage service. Simply quote "unionspace" when enquiring at Redd.