Thailand as a shipping hub

[Chizod]

I have an American friend who sells products on the internet. Previously he has shipped the products worldwide out of the USA. These products are manufactured in China. He would like to move to Thailand to live, and also be closer to his suppliers in China. The products would be delivered to Thailand in containers and the orders would be shipped out individually to his customers. These are legal products.  He was looking at Thailand in terms of it being a shipping hub, with no selling within Thailand,

What are his options?

Thank you

[Sunbelt Asia]

Your American friend would be able to set up a 100% foreign owned export company if he is not selling anything in Thailand. He would still need three shareholders but he can be the majority owner and would also need to have four Thai employees to obtain a work permit. He would need what is referred to as an import/export card or Customs Card to get started.

Another option would be to start an Amity company in which he can also hold majority shares. This would be an option if he were thinking of to some day do business in Thailand. This has a higher capitalization requirement than a regular company but would give him the option of changing his objectives in the future if he wished to do so.

 

[sunbeltlegal][/sunbeltlegal]