'Suicide' | Investment is destroying Thailand's waste plastics industry

On June 8, according to Thai media reports, the Chinese waste plastics factory in Nakhon Pathom, Thailand, was arrested for the problem of electronic plastic waste. After investigation and investigation, it was found that all imported waste plastics did not meet the import standards and were illegal.

This is not the first time I have seen Thailand investigating Chinese waste plastics companies from the news. I believe it will not be the last time. Waste plastics people go across the sea to set up factories in Thailand to pelletize. We are making money, and this is not bad. , For profit is the fundamental attribute of investment.

but, Ignoring the existence of 'rules' is playing with fire According to incomplete statistics, there are more than 400 waste plastics investment companies in Thailand. If a few companies do not comply with Thai laws and regulations and operate in violation of regulations, then it is only a matter of time before the Thai government closes the waste plastic gates.

Reckless blind 'speculation' is tantamount to suicide. The cracking of waste plastics in Thailand needs to face up to and comply with the 'rules'.

1, What are the 'rules' of waste plastic investment?

Business Law, Tax Law, Customs Law, and Labour Law are the four core laws that Thai investment must follow.

Corporate Law , that is, local commercial law that must be complied with when investing in Thailand. A commercial company has a registered capital of 1 million, and the total motor power of the equipment exceeds 500 kW. It is necessary to apply to the Ministry of Industry.

Tax law , You must register your tax code with the local tax authority.

Customs law After completing the first two documents, you are eligible to apply for the import of your waste approval from the Environmental Protection Agency. Thai Customs very clearly explains to you that the import and export orders must be submitted!

Labor Law Thailand's local Thai workers are very weak and must rely on foreign workers, so you must apply for labor certification from the local labor department. You are a Chinese investor, a Chinese legal person, you must apply for a work visa with the Department of Immigration and the Labour Department. It is a Coherent, four methods are indispensable.

The four laws mentioned above must be implemented and indispensable.

2, 104, 105 represents what?

What is 104? After registering a company in accordance with the Commercial Law, you must apply for a start permit with the local industrial office within 90 days. The abbreviation is 104 licenses.

What is 105? Represent waste plastics with or without effluent discharge and exhaust emissions. If there is any, you need to go to the local environmental protection agency to do the environmental assessment. After the approval, the environmental protection work should be carried out seriously, otherwise the consequences are very serious.

3, What can you get if you stay 'rules'?

According to Mr. Chen Anwei, Chairman of China Waste Plastics Association Thailand Chapter The Thai government has very good supervision of environmental management. If you follow the four-part approach, you must register your company in accordance with the company law, do tax registration in accordance with the taxation law, ensure that the contract is handled in accordance with regulations, and labor certification is done. Will provide a very clear investment platform.

In the next year, I will go to the taxation office to apply for a labor visa and give it to you immediately. Your family can enjoy the benefits that Thailand will give you. Visa will be ready immediately. Children can read in Thailand.

4, What are the consequences of not following the 'rules'?

The first year's application for labor certification passed, in order to make money in the second year, you don't pay taxes, the Thai government will ask you to pay your tax bills out and audit the accounting firm's auditors with you. This list won't take the whole company out of business, you The visa work was paused and the impact on the entire company was very serious.

From the investigation of e-waste processing plants in Thailand, it seems that the waste plastics industry is an incident that was 'involved'. However, if we look deep into the status quo of waste plastics processing companies, we will find that this is an inevitable event. Many waste plastics people are fortunate enough to hold The idea of ​​“make money first before the factory makes money” starts with no evidence what to do. The illegal and illegal behavior of the Thai waste plastics becomes inevitable.

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