Search Results for: eligible activities

List of Business Activities Eligible for Thailand BOI Promotion

List of Business Activities Eligible for Thailand BOI Promotion (Information as of January 2021 from www.boi.go.th) Section 1 covers agriculture and agricultural products, including plant and animal breeding, forest plantation, fertilizers,deep sea fishery, packing and storing of vegetables and flowers, plant or animal fat, products from natural extracts, rubber, bio fuels, food additives, food supplement [...]

BOI Promotion for Different Software Activities

If your business will develop games, software and application which you sell to your customers and they use it themselves or within their organization, you are looking at Activity 5.7.2 Enterprise software and/or digital content. This category gives you 5 year corporate income tax exemption, without a cap. That means any amount of profits from […]

Thailand BOI Software activities – the meaning of Digital Content – part 2 of 2

This is part two of the two posts explaining what Digital Content means. See part one click here. Yesterday we talked about the first 5 categories that are considered digital content that can get Thailand BOI promotion certificate. This post explains more. Wireless location-based services content, such as mobile e-payment, video-on-demand, music-on-demand, entertainment, wireless advertising, […]

Thailand BOI Software activities – the meaning of Digital Content – part 1 of 2

This is part one of two posts explaining what Digital Content means. Digital content is one of the activities eligible for Thailand BOI promotion under the category 5.7.2 Software Business. This category grants 5 years corporate income tax exemption without cap. If you are interested in IT and want to get Thailand BOI promotion for […]

Eligible Applicants for Free Zone User

Free Zone is a designated area for industrial or commercial operation or any other operations involve in economic growth and development. It is considered to be outside Thailand and Thai Customs territory. Accordingly, when foreign merchandise is brought into a Free Zone, no taxes and duties is owed until the merchandise leaves the Zone and enters […]

BOI Companies With Incomes From Various Sources

BOI companies with incomes from various sources Recently Thai Lawyers have received many inquiries from businesses that want to obtain BOI (Board of Investment) promotion. Most of them think that with the BOI status, they can own their business in Thailand 100% and can receive incomes from different sources. We want to explain here that […]

Thailand BOI – Agro-Processing Industrial Cluster

This post is an extension of Thailand BOI cluster policy. Agro-processing industrial cluster targets the areas in different regions according to the raw materials that are available in the area. This is to boost the level of support and cooperation in all facets of the business, in order to strengthen the industrial value chain, enhancing investment […]

Thailand BOI Cluster Policy – part 3 of 3

This is part 2 of 3 posts on Thailand BOI Cluster Policy. Read Thailand BOI Cluster Policy – part 2 of 3 here. In this part, we talk about Thailand BOI’s Investment Incentives for Cluster-based Special Economic Development Zones and the criteria for the approval of incentives. The Board of Investment grants the following incentives for Super Cluster 8-year […]

Thailand BOI approves its Seven-Year Investment Strategy

The Thailand Board of Investment (BOI) has recently approved its “Seven-Year Investment Strategy” (from 2015 to 2021), with a focus on promoting investments that create value for Thailand and those that have a positive impact on society and the environment as well as for Thai investments overseas to enhance the country’s competitiveness and overcome the […]

Thailand BOI and company registration – what comes first?

Thailand BOI first then register a Thai limited company in case you have not got one. If you have a company, you can also use the existing company to apply for BOI. In Thailand, a BOI applicant can be a juristic person, a natural person or foundation. BOI does not require the applicant to establish […]