Sourcing Office
We source products in Thailand, Cambodia, Laos, Myanmar and Vietnam. Our team and sourcing agents are able to discover for you the best opportunities. This service is perfect for specific products researches, with very particular characteristics. After checking information, we send a quote to our clients for validation.
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LC Global Food (Thailand) Co., Ltd.
Contact +66 86 8448608
Multinational companies aim to establish their presence in different economic jurisdiction for expansion and market growth. Certain conditions apply to those Thai representative offices which require a Foreign Business License. To expand into the Thailand market, these companies may opt to establish a branch, regional or representative offices to effect their presence in Thailand.
Representative Office in Thailand is not allowed to operate any trading activity or earn any income by billing or invoicing clients and must depend entirely on the head office for its capitalization. Basically, the representative office will study business information in Thailand and report this information to its head office overseas. Normally, the information is relative to the economy, related investments, marketing, manufacturing, distribution, and demand for products in various industries and services offered and provided in Thailand.
Activities of a Representative Office are service businesses under List Three (21) of the Foreign Business Act B.E. 2542 (A.D. 1999). In the past, the definition of the representative office, in accordance with the Regulations of the Office of the Prime Minister governing the application for the Establishment of Representative Office of foreign juristic persons respecting international trading business B.E. 2529. At present, the definition of the representative office is in accordance with the Regulation of the Office of the Prime Minister in Establishment of Work Permit and Visa Center (No. 3) B.E. 2544 (A.D. 2001).
Under the above regulation, the business activities which a representative office can carry out are limited to five (5) business activities, basically non-trading activities:
Sourcing of goods and services in Thailand for the head office;
Checking and controlling the quality and quantity of goods purchased or hired to manufacture in Thailand by the head office;
Giving advice concerning goods of the head office sold to agents or consumers;
Propagation of information concerning new goods or services of the head office; and
Report on business trends in Thailand to the head office.
