TFH2447

strategically located on Bangna-Trad Road, Kilometer 23 in Samutprakarn province, in the suburb of Bangkok

20 MINUTES FROM SUVARNABHUMI AIRPORT
30 MINUTES FROM BANGKOK PORT
60 MINUTES FROM LAEMCHABANG PORT

(Price starting from 175 per SqM)

Free Zone Privileges:

• Relief from import and internal tax and duty
• Duty elimination on waste. scrap and yield loss
• No bank guarantee
• Improving cash flow and cost efficient

An indicated area for industrial, logistics, and other business activities operations with no custom duty and VAT on purchase or importation of raw materials, components or finished goods.

It is more suitable for business which involves mainly with import and export of raw material and merchandise.

Such materials and goods can generally be stored, processed or assembled, in the FREE ZONE for re-export, in which case custom duties and VAT are not applied unless entry into domestic market.

Goods are admitted through on-site Custom Check Point with simple custom entry procedures.

Basic criteria for setting up business in FREE ZONE

Since Free Zone is superintended by Customs Department, then, there is certain criteria for a company who wishes to set up its operation there, as follows;

Business operation of a company must mainly involve with import and export of merchandise.
The company must be registered in Thailand with capital of at least Five Million Baht.

The company should install WMS (warehouse management system), or other similar software application, to support warehouse operations.

The company is also required to report on inventory available of merchandise or raw materials to Customs Office of every six month for checks and balances purpose.

The company must install CCTV in the warehouse or factory with record kept up to 2 months.
After the company is approved to set up its operation in Free Zone, Customs Department will grant a free zone license which costs THB 5,000 for issuing it.

Lastly, an annual fee is THB15,000. Please note that the fee rate is subjected to change under Customs’ discretion.