scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 870
Doing Business in THAILAND Thailands booming economy has encouraged me to begin a new business relationship with a highly recognized Thai company I manufacturer a line of products for the sugar processing industry I recently signed a one-year contract with Thai Chemiclas and Engineering Co Ltd located in Bangkok to be my exclusive representative in the Thailand area Thai Chemicals and Engineering will promote my product line and get it into the all the sugar mills in the area They will purchase two containers per month for which we have negotiated a compatible price The containers will be shipping out of Savannah Georgia with a final destination of the port of Bangkok The shipping terms will be CIF Bangkok I decided to use a local company to represent my product line for various reasons First of all I need someone that knows the culture and business environment who has an established relationship with other locals Once my products become known I would like to establish a factory in Thailand Therefore I found it necessary to gather all the information required to begin a new business in Thailand Establishing Business or a Factory Although business can be 100 owned by foreign investors some are reserved for 51 Thai ownership People of any nationalities can participate in ownership to varying degrees through sole ownership a limited company corporation an ordinary partnership a limited partnership or a branch of a foreign corporation The Ministry of Commerces Department of Commercial Registration is directly in charge of company registration The Stock Exchange of Thailand The Stock Exchange of Thailand SET is a well-developed financial institution which welcomes foreign investment Tax Corporate income tax rate is 30 Transport Bangkoks modern Don Muang International Airport can easily serve your arrivals or connections Thailand is equipped with an extensive and ever-developing transport infrastructure and an extensive state-run rail system There are
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA