Aside from manufacture of products using biotechnology and manufacture of products from bioplastic, the Board of Investment also promotes manufacture of biochemical. To be eligible, the BOI has set the following conditions: If promoted, the project can get a corporate income tax exemption for eight years, limited to 100% of the project’s investment, as determined […]
The Board of Investment’s Thailand Investment and Expat Services Center or TIESC was officially inaugurated on 31 March 2025. The Prime Minister of Thailand, Prime Minister Paengtongtarn Shinawatra has presided the official launch of TIESC and it is located on the 6th and 7th floors of One Bangkok’s Parade Zone, Rama IV Road in Pathumwan […]
The Thai BOI promotes manufacture of biotechnology-derived products: 1. Manufacture of bioplastic or products from bioplastic derived from the continual process with the same project. The project must be certified by bio based content certificate such as TISI 2734, ISO 16620 or an equivalent international standard. The certification must be completed the full operation deadline. […]
The Board of Investment of Thailand promotes biotechnology industry. In this post, we list down the eligible manufacturing activities that are using Biotechnology: Once the investment promotion is obtained, the BOI can grant the following tax and non-tax incentives to the promoted activities:- The minimum capital required for such activities depends on the forecast for […]
The Thai Board of Investment promotes electronic design activity. Under activity no. 4.1, electronic design such as microelectronics, optoelectronics or embedded system. To be eligible for this promotion, the project must meet the following conditions: Once granted with promotion, the company can get these incentives:- Thai Lawyers provide various business services that you may possibly […]
Under the activity no. 1.5.2, the BOI promotes manufacture of biochemical. The main conditions are as follow:- 1. Products must use raw materials from agricultural products, processed agricultural products, biomass or scrap or waste from agricultural processing industries at least 51% by weight. 2. The project must not only involve mixing or dilution processes, otherwise, […]
Under the activity no. 5.4.11.5, the Thai Board of Investment (BOI) promotes the manufacture of other metal products including other metal parts. To become eligible for this promotion, the project must have a metal forming process such as machining, stamping and bending. Once promoted, the company can be granted with basic incentives without corporate income […]
The Board of Investment of Thailand (BOI) promotes the business activity of manufacturing electrical appliances. To be eligible for BOI promotion, the project must manufacture air conditioners, refrigerators and freezers, washing and drying machines only. Such products must meet Thailand’s energy efficiency standards and have the high energy efficiency label (label no. 5) from the […]
The Board of Investment has announced that for BOI promotion applications made through electronic system (e-Investment Promotion), the applicant must follow the steps and consider the conditions. The applicant must fill out the investment promotion application form and attach the documents as specified by the BOI through e-Investment Promotion. After submitting an application through the […]
American nationals can do business in Thailand as same as Thai nationals under the Treaty of Amity between Thailand and USA. However, there are certain business activities that Americans are not entitled to do under the Treaty of Amity unless the company complies with the Foreign Business Law and obtain a Foreign Business License. Such […]