Set Up a Company in the FMCG Sector in Thailand

Updated on Wednesday 27th September 2017

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FMCG stands for fast-moving consumer goods sector, which refers to packed food or cosmetics. Those products are not durable, and are meant for rapid circulation from the shop shelves to buyers. In Thailand the FMCG companies are very profitable thanks to the fast developing economy and diverse market. If you intend to open a company in the FMCG sector in Thailand you can rely on our Thai law firm for guidance with the registration procedure. 

Main steps in the set-up of a FMCG company in Thailand

The Company Law in Thailand provides a set of clear rules in the establishment of new companies. In order to open a business with FMCG profile you will have to make a name reservation and to apply for registration with the Department of Business Development. One of our Thai lawyers can help you elaborate the articles of association in which you need to specify the objectives and the structure of your company.

Another important aspect when you open a FMCG company in Thailand is to be familiar with the Labor Law in this country. This act offers you the rules concerning the regular working hours and the average salary that you will have to pay to your employees in this country. The cheap and trained workforce that you will find in Thailand will help your business in the FMCG area to be a profitable one.

Our attorneys in Thailand are ready to explain you in detail those aspects of the legal framework with which you might not be yet familiarized. 

 

Other aspects concerning the set-up of a FMCG company in Thailand 

In order to be able to have a company in Thailand you might need to apply for a Business Visa in this country. Our consultants can tell you which requirements you need to comply with, depending on your country of origin. 

Another key issue for a successful FMCG enterprise in Thailand is to make sure you are aware of the taxation regulations in this country. You can consult as well the law concerning foreign investment which can give you a concise overview on the legal framework of the Thai state.

Feel free to contact our lawyers in Thailand for any questions you may have regarding the formation procedure of a FMCG company in this country.

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