Category Archives: Foreign Business in Thailand

BOI Promotion for Economic Forest Plantation

  BOI Promotion for Economic Forest Plantation The BOI provides incentives and benefits for doing business in Thailand within the economic forest plantation industry. This does not include the forestation of Eucalyptus trees. As global growth and populations have increased, environmental leaders have shared the importance of sustainable forest plantation and healthy economic incentives. To […]

International Trading Center (ITC)

International Trading Center or ITC, in Thailand, is a company incorporated under Thai laws that purchases and sell goods, raw materials and parts or that provides international trading related services to juristic persons incorporated under foreign laws. ITC related services include: Procurement of goods Warehousing and inventory services prior to delivery Packaging services Transportation of […]

International Headquarters (IHQ)

International Headquarters or IHQ is described as a company incorporated under Thai laws that provides any of the following activities to its branches or “associated enterprises”, whether located in Thailand or abroad: Managerial services or technical services Supporting services engaged in:General management, business planning and business coordination 2.1 General management, business planning and business coordination […]

Thailand BOI promotion for software business

This post is about Thailand BOI promotion for software business, which is classified as one of special importance and benefit to the country. Thailand Board of Investment (BOI) grants the promoted software companies a corporate income tax exemption without a cap and other incentives. Thailand BOI promotion for software business is granted to the following […]

Closing down a representative office in Thailand

Closing down a Representative Office in Thailand is much easier than opening it, which requires a lot of documents supporting the application for a Foreign Business License. Here are the documents needed when closing down a representative office to be filed at the Department of Business Development. A letter explaining the reason of closing down the […]