You can import your healtchare products in Thailand without opening a local company.
We do it for you!
License Holding in Thailand is dedicated to companies intending to enter the ASEAN market without having to open a local unit in Thailand.
According to Thai law, all foreign companies requiring to register and import any product as medical devices, cosmetics, dietary supplements and traditional medicine must appoint a local representative that will be authorized to import their products.
In some cases this is not possible (e.g. if the Company wants to appoint multiple distributors to cover the whole Territory). In this case the soultions are two: 1) Set up a Thai Company; 2) Appoint Siam Trade Development as your License Holder.
The License Holding in Thailand offered by Siam Trade Development allows you to:
- Sell directly to many regional distributors (avoiding the markup from your national distibutor)
- Get a better leverage in negotiation and enhance distributor’s performance
- Add or substitute distributors when you need it (since you are owner of licence
- Keep your intellectual property out of reach of local commercial agents
Thanks to our Licence Holder Program, you will be focused exclusively and profitably to your most important activity: SALES
Siam Trade Development services
In the first phase of market entry opening a company may increase your investment. Let us hold your license and store your products until you are ready to go!
OUR STANDARD PROPOSAL FOR A LICENSE HOLDING PROGRAM
You will appoint Siam Trade Development as your Marketing Authorized Holder (License Holder). The contract will mention clearly that you will remain owner of the products and of licenses, that will be surrendered in case of contract termination. Siam Trade Development will accredit your manufacturer and link yor products to its certified warehouse, where your product can be stored if required (or can be immediately forwarded to other Companies/Distributors. Your Healthcare products will be register in Thai FDA under Siam Trade Development name and imported consequently. Once products are imported, we will store them in our warehouse, that will be accessible for your 24/7 in case of need. Size of warehouse shall be decided by you, according your budget and the volume of your import forecast; Minimum size is 3 sqm, ideal for a start-up and with an extremely low fee.
Once the product is stored, it can be handled by you, if you are in Thailand, or by us if you want, for example, to manage an e-commerce through the local platforms like Lazada or Shopee.
In case of Multi level Marketing projects in Thailand, this soultion is ideal since it switchs all bureaucracy and compliance activities on us and let you free to concentrate and the core activity: sales!
License Holding in Thailand is indicated for Dietary Supplement Product, Medical Devices, Traditional Medicine, Cosmetics, Drugs.
A license Holder, or Authorized Marketing Holder, is a Company authorized to Import products subject to authorization/license/registration on behalf of foreign companies.
Mainly used for Healthcare products like Dietary Supplements, Cosmetics and Medical Device, License holding allow the manufacturer to keep the control of Intellectual property and of the market strategy for his product. A local distributor won;t have any right on the licenses and then can be easily changed in case of underperformance without any consequence.
License Holding includes custom process and storage, and may also include the product handling and delivery in case of B2C or Multi Level Marketing projects.
License Holding in Thailand is offered by Siam Trade development Co., Ltd.; you can read more here: https://www.siamdevelopment.com/company-registration-regulatory-services-thai-fda-registration/thai-fda-registration-3/licence-holding-in-thailand/