Board of Investment

With hope to attract foreign investments, the Thai government has made changes in their laws to support the setup of foreign companies in Thailand. Besides the exemption of corporate income tax, import or export duties, and tax waiver on importation of machinery, BOI also allows the promoted companies to hold up to 100% foreign ownership and the issuance of BOI visas and work permits for all talents.

 

Targeted industries

  • Agriculture and Agricultural Products

  • Mining, Ceramics and Basic Metals

  • Light Industry

  • Metal Products, Machinery and Transport Equipment

  • Electronic Industries and Electronic Appliances

  • Chemical, Paper and Plastics

  • Services and Public Utilities

  • Technology and Innovation Development

BOI Privileges

  • Up to 100% foreign ownership

  • Maximum 8-year Corporate Income Tax Exemption

  • Tax waiver on importation of machinery

  • Exemption of Import and Export duties for R&D

  • BOI visa and work permits for foreign-skilled workforce.

Pre-BOI services

  • Give consultancy services.

  • Prepare and arrange the documents for BOI application.

  • Submit BOI application

  • Follow up the result

Post-BOI services

  • Yearly report on the progression of the project

  • Request for corporate income tax exemption

  • Application of BOI Full-Operation License