Establishing a business means to register a company in Thailand (https://www.harwell-legal.com/) if you wish to do business
in Thailand. This is a digital era. Now establishing a business anywhere is possible. It does
not ask you to incorporate it in the same country. Likewise, you can also run your business
away from the place of incorporation.
Register company in Thailand free zones
The benefits of running a business or a company in Thailand are many. However, it is best to
consult a Thailand legal firm. Any overseas businessman in Thailand can set up a company
in the free zones. It helps as the procedure to register a company in Thailand incurs low
costs. On providing proper documents, the registration is ready in a short time.
Opening a company, especially in the free zone means, take the assistance of a lawyer from a
reputable Thailand legal firm. It is because the lawyer will help you know the registration
procedure. He will explain the need for special licenses. It is provided by the authorities of
the special economic zones. To register a company in Thailand in a free zone, the
minimum share capital required is $62,000. The formation of a Thai company and the other
details is explained by the legal firm experts.
There is a criterion for the free zone to be understood before you register a company in
Thailand. The free zone is controlled by the Customs Department. A company wishing to
start its operation should know:
The company should register in Thailand with Five Million Baht capital at least.
The business operation should involve export and import merchandise.
The company should install in the factory or warehouse a CCTV and keep up to 2
months the record.
The company must install a software application, warehouse management system to
support the operations. There should be an inventory report available for raw
materials or merchandise. It should be submitted once in six months to the Customs
On receiving approval, set the operation in Free Zone. Thus, you will get a free zone
license grant from the Customs Department.
The imported products are free of taxes in Thailand if it is for commercial resale purpose.
You can consult a Thailand legal firm and move to a free zone. You can avoid VAT.
Another benefit is low labor expenses and utility bills.
There is a valuable reason to relocate to free zones in Thailand. You may consult a Thailand
legal firm, enjoy simplified import or export procedure, and take the right decision.