Board of Investment (BOI) Promotion
Want tax benefits and 100% foreign ownership?
We assist businesses in securing BOI incentives, including tax exemptions, full foreign ownership, and streamlined work permits.
Why Choose BOI for Your Business?
Key Benefits of a BOI Company
Tax Incentives
- Corporate income tax exemptions (3-8 years, depending on the industry).
- Exemption or reduction of import duties on machinery and raw materials.
- Double deductions on costs such as transportation, electricity, and water.
Non-Tax Incentives
- 100% foreign ownership (in eligible sectors).
- Permission to own land.
- Fast-track visa & work permit process.
- Protection against business nationalization.
- Ability to remit funds abroad in foreign currency.
Ease of Doing Business
- Special BOI One Stop Service Center (OSOS) for processing work permits and visas.
- No requirement for four Thai employees per foreign work permit (unlike regular companies).
- Access to government support and investment incentives.
BOI-Eligible Business Activities
The BOI promotes investment in high-potential industries, including:
- · Technology & Innovation Development
- · Manufacturing & Industrial
- · Healthcare & Biotech
- · Agriculture & Food Processing
- · Digital Economy & E-commerce
- · Renewable Energy & Infrastructure
Step-by-Step Guide to BOI Registration
6 simple steps
Pre-Screening & Feasibility Study
- Assess your eligibility for BOI promotion.
- Identify the best strategy for your business.
BOI Application Submission & Interview
- Prepare and submit the required business plan and documents.
- Attend an interview with BOI officers.
Approval Process & Acceptance of Terms
BOI approval timelines vary based on investment size:
- < 200M THB: 40 working days
- 200M – 2B THB: 60 working days
- > 2B THB: 90 working days
Once approved, you’ll receive the BOI Promotion Certificate.
Company Incorporation & Registration
- Register your BOI-certified company within 6 months of approval.
- Submit required documents, including shareholder list and capital transfer evidence.
Work Permit & Visa Processing
- Register in the BOI e-Expert System to streamline foreign employee hiring.
- Process work permits and visas at the BOI One Stop Service Center (OSOS).
Ongoing Compliance & Reporting
- Submit periodic reports on business operations.
- Maintain BOI tax compliance and accounting.
- Request approvals for any business modifications.
Frequently asked questions
If you have any questions regarding BOI company registration in Thailand or need guidance on required documents, our experts are here to help!
Yes, in most cases. However, some restricted activities under the Foreign Business Act may require Thai ownership.
It depends on investment size, but approvals typically range from 40-90 working days.
BOI companies do not have the standard requirement of 4 Thai employees per foreign work permit.
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