Benefit of Export Only Company in Thailand?

Foreigner can have 100% ownership of the company
Export Only Company is a special class of company made avaialble to boost Thai Exports and is awarded only to selected applicant.

It can purchase raw materials from local or foreign supplies
To facilitate your production or value add in Thailand, Export Only company is allow to purchase and transact with local or foreign supplier as usual.

It can claim back VAT paid to local supplier
One of the biggest advantage of a Export Only company is that you can claim back your VAT expenses paid to local supplier

It can have ordinary business expenses such as Rental, Wages, Office Supplies and etc
It operate like a normal company in Thailand. The key difference is the company is not allow to generate any local income. All income should comes from overseas.

Multi Lingual Support
You can opt for our one-of-the-kind Foreign Language Support (Russian, Chinese, Burmese) to facilitate the communication between you and gov't agencies

Total fee to setup a 100% Foreign Owned Export Only Company in Thailand
All-inclusive
THB 235,000

Initial consultation of your business model to see whether it meets one of the eligible business activity

Special checking with the DBD officer to find out the likelihood of approval for your case

Drafting of Export Only AOA and Declaration Letter

Application of VAT Registration

Apply for acceptance with Department of Foreign Trade, Thai Chamber of Commerce and Board of Trade of Thailand

Register company with Thailand Custom Office (e-Custom)

1 year VAT Approved Registered Office and Mail Handling Service

Complete set of Company Documents for Company Bank Account Opening

Zone 1
- Bangkok
- Bangchan I/E
- Gemopolis I/E
- Lard Krabang I/E
- Pathumthani
- Bangkadi I/P
- Navanakorn I/Z
- Samut Prakarn
- Bangplee I/E
- Bangpoo I/E
Zone 2
- Saraburi
- Nongkhae I/E
- Saraburi I/E
- SIL I/Land I/E
- Chachoengsao
- 304 I/P 2
- Gateway City
- Wellgrow I/E
- Rayong
- Amata City I/E
- Eastern I/E
- Eastern Seaboard I/E
- Hemaraj Eastern Seaboard I/E
- Rayong I/Land
- Rojana I/P
- Siam Eastern I/P
- Chonburi
- Amata Nakorn I/E
- Hemaraj Chonburi I/E
- Laem Chabang I/E
- Pinthong I/E
- Ayutthaya
- Amata Nakorn I/E
- Bangpa-in I/E
- Hi-Tech I/E
- Rojana I/P
- Saha Ratana Nakorn I/
Zone 3
- Nakornratchasima
- Navanakorn I/E
- Prachinburi
- 304 I/P 2
- Kabinburi
What can an Export Only company do?
- It can purchase raw materials from local or foreign suppliers
- It can claim related VAT expenses that are approved by RD
- It can purchase finish goods from local suppliers
- It can engage local supplier for services
- it can have ordinary business expenses such as Rental, Wages, Office Supplies and etc
- It can generate revenue by selling / exporting finish goods from Thailand to overseas
- Export Only Company enjoy the same tax treatment as an ordinary Thai Limited Company
What CAN'T an Export Only company do?
- It cannot generate any income from Thai market
- It cannot purchase / import finish goods from foreign supplier
- It cannot engage in any other business activity than those stated above
Why UnionSPACE?
UnionSPACE is the #1 Business Hub in Thailand. Trusted by over 4,500 individuals and businesses since 2019. We are the leading full solution company to empower and enable foreigners to stay, work or retire in Thailand. Our multilingual team (Thai, English, Chinese, Burmese, Russian) and our no-frill and straight forward approach sets us apart from the rest.

Fast & Easy Process
UnionSPACE is where you can get everything done for your business — from setup and beyond. Because we do everything in-house, you get to enjoy significant savings in time and money.

Unique & Strategic Location
With over 12 locations in Thailand to serves you, we are here where you are.

Foreign expert with local knowledge
You are not buying from a large corporate nor an individual agent. We are you. Most of our team are foreigner as well therefore we understand your circumstances..

End-to-End Support
We have a wide variety of value-added services that cater to your every need as a business owner. Whether you need to apply for visas, apply for business licenses, FDA approvals, Trademark or open a bank account, UnionSPACE can meet your needs.

Business Centre
As a client, you automatically gain access to all our business centers here in Thailand where you can work comfortably and network with like-minded people.

International Network
With presence in Thailand, Indonesia, Malaysia, Philippines, Dubai, China and Vietnam, you can depend on us for your business growth in SE Asia region.
FAQ
100% Foreign Owned Export Only Company — Thailand
-
What is the minimum number of shareholders for an Export Only Company
The minimum number of shareholders in the Export Only company is 2. It can be 2 natural persons or entities or a mix of both.
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Can foreigner or foreign entity owns 100% of a Export Only Company
Yes, foreigner or foreign entity can own 100% of a Export Only Company. You do not need any Thai shareholders in it.
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Once I have an Export Only Company, can i import raw materials from China and manufacture goods here in Thailand and then export it to overseas
Yes, you can. Our team can also assist you with the importation or clearance of your raw material into Thailand.
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Can I obtain Made in Thailand Certificate of Origin after we manufacture the goods here in Thailand.
Yes, it is highly possible to obtain a Made in Thailand Certificate of Origin. Our team can assist you with the application of the C.O.

Export Only Company
100% Foreign Owned.

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.