For Manufacturing business in Thailand is not prohibited for foreign company as long as your company produce and sell the product either domestic or overseas. The foreign company are not required to apply for Foreign Business License (FBL) and also you might be able to obtain the incentives from BOI promotion such as Smart Visa, owning the land, tax exemption and reduction etc.
Requirements
What are the requirements for Manufacturing business?
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Required Licenses and Certificates
- Established company in Thailand with 100% foreign owner
- Registration of VAT, TAX ID and Social Security
- Factory License
- BOI Certificate
- Foreign Business Certificate etc.