Benefit of Manufacture Only Company in Thailand?

Foreigner can have 100% ownership of the company

Companies who are eligible to operate within an Industrial Estate Authority of Thailand zone are eligible for 100% foreign ownership of their business

It can purchase raw materials from local or foreign supplies with low or no duty and additional licenses

Supplies or raw materials brought into the designated zones are exempt from the need to obtain import permits, seals, or symbols.

You can sell your finished goods to domestic market

Finished goods manufactured in a Free Zone and sold to the domestic market can qualify for a lower preferential duty rate (typically zero) instead of the normal import duty rate

No VAT on importation of machinery and raw materials,

You are exempted to pay VAT for importation / purchasing of machinery and raw materials use for the production.

Can hire foreigner

Manufacturing Company follows the same 4 Thais to 1 foreigner requirement to be eligible to hire foreigner. Spouse and children of the main applicant may apply under Dependent Visa to stay in Thailand

Can own land within the Industrial Estate

Qualify Manufacturing Only company is permited to own the land within the designated Industrial Estate to build their factory

Total fee to setup a 100% Foreign Owned Manufacturing Only Company in Thailand

All-inclusive: THB235,000

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 Manufacturing Only AOA and Declaration Letter

Application of VAT Registration

Apply for acceptance with Industrial Estate Authority of Thailand, 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 a Manufacturing Only company do?

  • If you are located inside a Freezone, you can purchase or import raw materials from overseas without paying any duties and exempted from all regulations, unless specifically stipulated by customs law and quality control requirements. raw materials from local or foreign suppliers
  • You can purchase land to build your factory within the Industrial Estate - General Industrial Zone (‘GIZ’) or IEAT Free Zone
  • Your can import raw materials without paying any duties and is exempted from obtaining import permits, seals, or symbols.
  • 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 as well as domestic market
  • Manufacturing Only Company enjoy the same tax treatment as an ordinary Thai Limited Company

What CAN'T a Manufacturing Only company do?

  • Contract manufacturing is not consider a manufacturing business. It is considered as a Service Business
  • 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 Manufacturing Only Company - Thailand

  • What is the main criteria to qualify as a Manufacturing Only Company

    You must set up a big or small factory within a Industrial Estate designated by IEAT

  • What is the minimum number of shareholders for an Manufacturing Only Company

    The minimum number of shareholders in the Manufacturing Only company is 2. It can be 2 natural persons or entities or a mix of both.

  • Can foreigner or foreign entity owns 100% of a Manufacturing Only Company

    Yes, foreigner or foreign entity can own 100% of a Manufacturing Only Company. You do not need any Thai shareholders in it.

  • Once I have an Manufacturing 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.

  • 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.

Manufacturing Only Company

100% Foreign Owned.

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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.