From analyzing the market to a 100% subsidiary. Spaleck Thailand Managing Director Hermann Kahle (center) and his German Management team led by Managing Director Andreas Ahler relied on the advisory services of the Sanet Group as their “One-Stop-Service” in Thailand.
BOI Promotion Thailand: Congrats to Spaleck Thailand
Sanet is proud of having successfully guided Spaleck GmbH on its path to direct market entry into Thailand and Southeast Asia.
After successfully managing the legal challenges, Sanet now will also handle the payroll and accounting services in Thailand and CREATING CAREERS, Sanet Group’s Thai recruitment agency will engage the right sales and service team.
The additional establishment of a production facility in Thailand is now firmly in the management’s sights. This new venture is expected to bring considerable additional tax and customs benefits, which will further strengthen Spaleck’s competitiveness.
The success story began in 2021 …
by assigning Sanet with a Market Analysis and the identification of distributors in Thailand. The outcome was promising and confirmed the good opportunities in this market. With the decisiveness typical of a medium-sized company, the next steps were initiated in close cooperation with Sanet and the current Managing Director of Spaleck (Thailand) Co. Ltd, Hermann Kahle.
Initially, Sanet Legal & Accountancy took over the formation of a 100 % subsidiary in Thailand under the form of a Company Limited. A Trade & Investment Office (TISO) was then chosen as the correct form of operation and submitted to the BOI in Thailand for approval.
Thanks to the excellent cooperation between Hermann Kahle, the management in Germany and the Sanet consultants, a coherent business plan for a BOI promotion in Thailand was submitted and approved after careful examination.
Sanet then also organized the necessary visa and work permit for Thailand, while the top-listed Thai recruitment agency CREATING CAREERS was contracted to find the right technical sales manager and service engineers.
In May 2024, Sanet Legal & Consultancy also took over Payroll and Accounting Services in Thailand. With this administrative and organizational relief, Managing Director Hermann Kahle can now focus entirely on the main objective of his company: the market entry and expansion of sales in Thailand and the ASEAN countries as well as the planning of a production in Thailand.
Sanet as the “One-Stop-Service” for “Investment in Thailand” is looking forward to the next success story.