How do I get an export license in Thailand?

In order for a newly-incorporated company to obtain an import/export license, it must be registered for VAT and have a corporate bank account in Thailand. Mahanakorn Partners can assist you in completing the application form and preparing all necessary documents to be submitted to the Customs Department.

How do I get an import license in Thailand?

To process the importation / exportation in Thailand , you must follow 5 steps:

  1. Step 1 – fill an official declaration. …
  2. Step 2 – Provide some official documents: …
  3. Step 3 – Submit the Customs Statement and Support Documents: …
  4. Step 4 – Pay the applicable import duties and taxes using one of these methods:

How can I get export license?

Congress has delegated the specific regulation of imports and exports to the Department of Commerce.

  1. Obtain Your CIN. You’ll need a company identification number, or CIN. …
  2. Research Export Controls. …
  3. Apply for an Export License. …
  4. Apply for Import Licenses. …
  5. Contact Appropriate Agencies.

How can I export from Thailand?

Exporting

  1. Step 1 – Register to use e-Customs system. …
  2. Step 2 – Review controlled goods. …
  3. Step 3 – Submission and verification of declaration. …
  4. Step 4 – Payment of duties and taxes. …
  5. Step 5 – Inspection and release of cargo.
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26.12.2016

Which documents are required for export license?

List of Documents required for Exports Customs Clearance

  • ProForma Invoice.
  • Customs Packing List.
  • Country of Origin or COO Certificate.
  • Commercial Invoice.
  • Shipping Bill.
  • Bill of Lading or Airway Bill.
  • Bill of Sight.
  • Letter of Credit.

16.09.2019

How can I import products to Thailand?

For businesses keen to import into Thailand, here’s how to get started:

  1. Register with the Thai customs directly online or engage a freight forwarder. …
  2. Check on import permit requirements and classification of goods. …
  3. Prepare and submit mandatory documents. …
  4. Calculation and payment of all duties and taxes applicable.

How is import duty calculated in Thailand?

Also, consumer goods imported into Thailand are subject to other taxes and fees, as listed below: – Import duty: 20-60% of CIF (cost, insurance and freight); … – Interior tax: 10% of excise tax; and VAT: 7% of CIF.

How much does a export license cost?

This code is better known in India simply as an export license, and is easy to apply for and get from the zonal or regional office of DGFT which has jurisdiction over your location of business. You can now also submit an online IEC application at dgft.gov.in with the required documents and fee of Rs. 250.

Do you need export license?

The answer is usually “no” because about 95 percent of all items exported from the United States don’t require an export license. … Exporters should learn which federal department or agency has jurisdiction over the item they are planning to export in order to find out if a license is required.

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How long does it take to get an export Licence?

For a SIEL (Standard Individual Export Licence) the application will take approximately 6 weeks, and the licence will be valid for the export of a specific quantity/value of goods to a named consignee and valid until it is exhausted or two years whichever comes first.

What can I export to Thailand?

Major exports by India to Thailand are in the following sectors : Fresh aquatic animals, chilled, frozen, processed and instant, Electrical machinery and parts, Medicinal and pharmaceutical products, other metal ores, metal waste scrap, and products, Vegetables and vegetable products, Chemicals, Jewellery including …

What are the major imports of Thailand?

Thailand’s Top Imports

  • Crude petroleum – $23.7 billion.
  • Gold – $7.94 billion.
  • Petroleum gas – $6.96 billion.
  • Refined petroleum – $4.94 billion.
  • Refined copper – $2.57 billion.

5.03.2021

What is good to import from Thailand?

Major imports by India from Thailand are in the following sectors: Motor cars, parts and accessories, Parts of aircraft and accessories thereof, Machinery and parts thereof, , Radio-broadcast receivers, television receiver and parts, Iron and steel and their products, Polymers of ethylene, propylene, etc.

What is proof of export?

Proof of delivery is proof that the goods have arrived somewhere. Proof of export is actually a customs process and term, and if that process has not been completed, then officially the goods are still in the EU irrespective of proof of delivery outside the EU, and the exporter may therefore be liable to pay VAT.

What is export checklist?

This checklist allows you to assess the progress of your exporting initiative or to get a snapshot of the entire process. Before Exporting: Make any necessary product modifications for the export market including but not limited to product adaption, redesign, labeling or packaging. …

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How do I start exporting?

To start export business, the following steps may be followed:

  1. Establishing an Organisation. …
  2. Opening a Bank Account. …
  3. Obtaining Permanent Account Number (PAN) …
  4. Obtaining Importer-Exporter Code (IEC) Number. …
  5. Registration cum membership certificate (RCMC) …
  6. Selection of product. …
  7. Selection of Markets.
Notes from the road