BOI Application
One-Stop Service Center for BOI Application
Over the last 5 years the new Thai government has made many changes to the foreign investment laws in the hopes of attracting foreign companies to setting up in Thailand. Changes have also been made to the speed and ease of setting up a foreign business entity in Thailand.
The Thailand Board of Investment is the body in charge of attracting more foreign investment into Thailand. Any company incorporated in Thailand can enjoy a whole host of benefits from being certified as a “BOI Promoted Company” by the Board of Investment of Thailand.
Beyond major tax incentives, applying to be a “BOI Company”, comes with a range of non-tax benefits. Such as streamlined visa applications and waivers on foreign land ownership restrictions.
Eligibility Criteria for BOI Promotion
In order to be eligible for investment promotion by the Board of Investment Thailand; your business must fall under one of the following industries
Agriculture and Agricultural Product
Metal Product, Machinery and Transport Equipment
Mining, Ceramics and Basic Metals
Light Industry
Electronic Industry and Electric Appliances
Chemicals, Paper and Plastic
Services and Public Utilities
Technology and Innovation Development
Benefits of Applying for BOI Promotion
Up to 8-years Corporate Tax Holiday
Up to 100% Foreign Ownership
Streamlined Work Permit Applications
Ability to Own Land
Exemption of Import Duties on Raw Materials Used in R&D
Tax Waiver on Importation of Machinery
CASE STUDY
BOI Application Service
Cartrack Technologies (Thailand) Co.,Ltd.
Cartrack Technology (Thailand) Co., Ltd is a multinational company from South Africa, which provides software services for fleet management & GPS tracking.
With the express purpose of expanding their operations into Thailand, we assisted Cartrack in setting up their entity through the BOI investment promotion scheme which granted them the right to have 100% foreign ownership.
Cartrack is also able hire a expats & apply for their Visa/Work Permits through the BOI scheme. Last but not least, they also gained a 5-year corporate income tax waiver.
Consult Our Professional Team
We can make it simple.
Thailand Office
Singapore Office
Get in touch
ThailanD
Level 3, Prasert Sutt Building 360 Sanambinnam Nonthaburi Road,
Bang Krasor, Mueang Nonthaburi,
Nonthaburi 11000 Thailand
Singapore
#23-05 International Plaza, 10 Anson Rd, Singapore 079903
Contact Us
TH Phone : +66 (0) 97 106 9113
SG Phone : +65 9102 0303
Office Phone : +66 (0) 2 007 0971
Email : enquiry@inlps.com
Line@ ID : @inlps
Our Hours
MON-FRI : 09:00 – 18:00
Get in touch
Contact Us
TH Phone : +66 (0) 97 106 9113
SG Phone : +65 9102 0303
Office Phone : +66 (0) 2 007 0971
Email : enquiry@inlps.com
Line@ ID : @inlps
Our Hours
MON-FRI : 09:00 – 18:00
Follow Us
Thailand Office
Level 3, Prasert Sutt Building 360 Sanambinnam Nonthaburi Road,
Bang Krasor, Mueang Nonthaburi, Nonthaburi 11000 Thailand
Singapore Office
#23-05 International Plaza, 10 Anson Rd, Singapore 079903
Our Affiliations
We look forward to growing with you
