Thailand BOI – Promoting improvement in production efficiency for manufacturing business by upgrading technology and machinery

In the previous article, we outlined the recently announced measures to promote energy conservation, alternative energy utilization or reduction of environmental impact. Today, we outline the measures to promote improvement in production efficiency by upgrading technology and machinery for manufacturing as follows:- 2.1 This measure is applicable to existing projects only, whether a BOI or […]

Thailand BOI – Measures to Promote Improvement of Production Efficiency

Thailand BOI has recently announced certain measures to promote improvement of production efficiency for manufacturing by upgrading technology and machinery for energy conservation, alternative energy utilization or reduction of environmental impacts, as well as to encourage research and development and advanced engineering design involvement. Today, we list the Thailand BOI measures to promote energy conservation, […]

Thailand BOI current investment promotion policy

At present, the Thailand BOI is still promoting investment with the current investment promotion policy. Thailand BOI expects that the new investment strategy will be effective from the beginning of 2015. Thus, investors submitting the investment promotion application within 2014 will receive incentives according to the existing policy. Currently, the existing Thailand BOI promotion incentives […]

Work Rules and Regulations

The Thai Labour Law requires both Thai and foreign employers who employ a total of ten or more employees to arrange for their work rules and regulations in Thai to be announced in the work place within 15 days from the day they started employing 10 or more employees and send a copy of the […]

Work Permit For Thailand

If your company in Thailand is engaged in service business and wants to hire more foreigners, but does not have 4 Thai employees for every foreign employee or does not want to increase your capital by Baht 2 M for every work permit, then BOI (Board of Investment) promotion may be the solution. As a BOI company […]

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 […]

Thailand BOI’s Benefits for Software Business

Thailand BOI grants the following benefits for promoted software companies: Thailand BOI promoted company can bring in the foreign technicians or experts, spouse and person under the guardian of such foreign technicians or experts, to Thailand. The number of foreign technicians or experts and the period to work and stay in Thailand will be fixed […]

Thailand BOI – Design centers

Thailand BOI promotes design center projects in the country. This activity, listed under Section 7, Service and Public Utilities, is classified as a priority activity that has a special importance and benefits to the country. In order to become eligible for Thailand BOI promotion, investors or entrepreneurs of such design center projects have to meet […]