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How to Start an Import-Export Business?

How to Start an Import-Export Business?
Export procedure For those who want to export products
Preparing and finding information
Entrepreneurs who want to export must know that their goods comply with the Customs Tariff System (HS Code) and whether this item is a regulated product or not. However, you must also study which Thai agency is responsible and what laws or regulations govern this product.
As for the agency that can give advice, namely the “Ministry of Commerce”, entrepreneurs must also study the details of importing goods of the country they want to export.
What are the laws that control what you want? When there is complete information, it can offer sales to customers. At this stage, you may need to start looking.
logistics service provider To assess the initial cost of sales to offer to customers.
Start an export business
This is a commercial registration process. Which is divided into sub-steps as follows:
1. Entrepreneurs must register commercially as juristic persons. at the Department of Business Development Ministry of Commerce
2. VAT registration at the Revenue Department Ministry of Finance
3. Registration as an importer and exporter at the Customs Department
4. Registration according to the regulations related to trade Depending on the type of products sold, for example
If entrepreneurs want to export fresh or frozen fruit, they must register at the Department of Agriculture. Ministry of Agriculture and Cooperatives
Customs Clearance
Customs formalities are procedures for bringing goods out of the country. as required by law
by using the services of a “Customs Export Agent” to perform duties of exporting goods abroad. The procedures for customs clearance are as follows:
1. Requesting a certificate for safety and product standards
2. Requesting a Certificate of Origin from the Department of Foreign Trade Ministry of Commerce in order for the importer to receive a reduction in customs duties at the time of import
3. Contact to reserve a tanker or plane in case of transportation Ready to do product insurance
4. Plan to arrange export according to the conditions specified by the buyer in the purchase order, called L/C or Letter of Credit, to be correct.
5. Prepare documents for customs clearance which must have the following documents
- Export declaration
- Invoice
- Packing List
- License of state agency in case of regulated goods