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Can a UK business trade with a Thai SME?


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A friend of mine has a business (a restaurant) in Thailand and she wants alot of work done by a UK company (based in the UK). Is this possible or does she have to use a Thai company? If not, how do I invoice her and how does she pay me so its legal?

Thanks

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I would say there is no problem with that (based on other international businesses I know of who traded with UK companies I worked for), you just need to invoice her without VAT (as Thailand is outside the EU). Both companies should check with their accountants to make sure though.

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Marketing.

Yes of course Thai companies CAN deal with foreign companies but do they need to be of a curtain size, or do they have to have a special license, etc, etc. I just doubt that a small Thai company could accept and pay invoices from a UK company. Just seems too simple and logical for Thailand.

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There is no minimum size of a company to pay overseas invoices, or issue invoices to overseas customers.

If you want to import or export goods, you need to be registered with customs, which is a formality and again, it does not matter whether you are a big or small company.

We have some customers who even import goods under their personal name (Thai people) for their little shops in the markets.

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