Gem & Gold Shop - Sky Biz Hub

Thinking of Opening
a Gem & Gold Shop in Thailand?

Excellent choice! Thailand is world-famous for its quality gems and gold, attracting buyers from around the globe—making it a prime location for a successful gem and gold business.

Free Consultation

Here is the step-by-step procedures for setting up "A GEM & Gold shop" business in Thailand.

Step #1

Choose a Business Structure

Retail Focus: Thai Limited Company or Amity Treaty
Export Focus: Apply for BOI Promotion

Consult with our Legal Team for free

Step #2

Register the Business

Choose a company name

Obtain a Tax ID and register for VAT

Talk to our Business Support Team

Step #3

Obtain Gem & Gold Trading Licenses

Gem Trading License: Apply at the Ministry of Commerce (subject to strict background checks)
Gold Trading License: Requires Thai majority ownership (difficult for foreign investors)

Consult with our Legal Team

Step #4

Lease a Secure Location

Ideal Locations:
- Bangkok: Silom, Jewelry Trade Center, ICONSIAM
- Chanthaburi: Gem wholesale market
- Phuket/Chiang Mai: High-end tourist areas
Location must include:
- 24/7 security
- CCTV surveillance
- Insurance coverage

Talk to our Commercial Rental team

Step #5

Source Inventory

Gems: Purchase from Chanthaburi or GIT (Gemological Institute of Thailand)

Gold: Source from licensed Thai gold shops (e.g., Yaowarat)

Important: Provide GIA/AGTA certifications to prove authenticity

Talk to our Business Support Team

Step #6

Hire Staff

Requirement: 4 Thai employees per 1 foreign work permit

Foreign managers must hold a Non-B Visa and a Work Permit

BOI/Amity Treaty companies may have special exemptions

Talk to our Business Support Team

Step #7
Marketing & Sales Channels

Open luxury showrooms in Bangkok or Phuket Sell via online platforms: Shopee, Lazada, Facebook, Instagram Export to international buyers: Hong Kong, Dubai, USA, etc.

Talk to our Digital Marketing Team