Hello,

I just want to know if someone can guide me with starting and maintaining an import-export company. I might also sale some of my goods in local thailand. I want to know about all the taxes i will have to pay. let me tell you its jewelry i wand to export and import.

thanks

 

 

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I spoke to a firm that advertises on this forum called Interactive. I found them very knowledgeable and helpful. Pricing seemed fair. They're in BKK. It's probably too complicated for a forum discussion. There usually needs to be majority Thai ownership and substantial investment money. And, there need to be Thai employees. This might be a hassle, but a good law firm can assist. 

Talk to an accountant. 

I have a company I may want to potentially transfer to a new owner, PM me if interested.

Edited August 11, 20187 yr by NightSky

22 hours ago, Zaid Ahamed said:

I just want to know if someone can guide me with starting and maintaining an import-export company.

 

22 hours ago, Zaid Ahamed said:

I want to know about all the taxes i will have to pay.

You can read almost all you need to know on some of the law firm web-pages, or at SamuiForSale.

If you are US national. you'll need to check US-Thailand Treaty of Amity.

 

In general you'll need to open a Thai company limited with a paid shareholder capital of 2 million baht, for inclusion of one foreign Work Permit, which furthermore often require 4 Thai employees in the company.

 

You'll need a minimum of three shareholders, and foreign shareholder/shareholders cannot own more than 49% of the company; i.e. you'll need a Thai partner that own 51% of "your" company. You cannot use nominee shareholders, source of funds might need to be proved. You can make so-called "preferred shares" in the company for different voting rights.

 

Costs for a company limited formation by a law firm is around 50,000 baht (plus/minus) including fee for a 2 million baht registration. I'm not familiar what eventually extra is needed for import/export registrations.

 

Company tax is between 15% and 30% for smaller companies. Personal income tax table can be found here.

 

Wish you good luck with your project...?

Mohamed, you have no idea what you have started !!!

 

Welcome to Thaivisa !!!