Thailand BOI for Biotechnology Industry

  Thailand BOI for Biotechnology Industry The BOI provides incentives and benefits for doing business in Thailand within the biotechnology industry. Some conditions must be met in order to capitalize from valuable benefits like 10-year exemption from corporate income taxes.   The BOI conditions and incentives are summarized below: Conditions: Target technology development procedures shall […]

BOI Promotion for the manufacture of ecofriendly chemicals

  BOI Promotion for the manufacture of ecofriendly chemicals The BOI provides incentives and benefits for doing business in Thailand within the chemicals, paper and plastic manufacturing industry. This includes the manufacture of ecofriendly chemicals or polymers or manufacture of products from ecofriendly chemicals or polymers that is incorporated within the same project as the […]

BOI Promotion for Manufacture of Solar Products

  BOI Promotion for Manufacture of Solar Products The BOI provides incentives for doing business in Thailand within the fast-growing solar power industry. This includes the manufacturing of parts and/or equipment for solar-powered products.   Global investment in renewable energy grew tremendously last year, far surpassing fossil fuels and driving down the price of clean […]

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 […]

How to Set Up a Recruitment Company in Thailand

How to set up a recruitment company in Thailand Documents and conditions: A. The licensee must be one of authorized directors of the company. He must be a Thai national and currently is not a director of another recruitment company. Documents we need from him: 1. Copy of Thai ID card 2. Copy of house […]

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 […]

Can foreigners own a Bakery business in Thailand?

One way for foreigners to own a business in Thailand 100% is to get an investment promotion by the Board of Investment (BOI Thailand). However you cannot apply for Thailand BOI promotion for a bakery business because it is not one of business activities that we need to promote for foreign investment or expertise at […]

Transferring a Work Permit between BOI Companies in Thailand

A foreigner who has a work permit with a Thailand BOI company and wishes to transfer to another needs to know the steps and timeline of how to do it. If you miss any crucial steps, you may have to leave the country and get a new non-immigrant “B” visa to get back in. To […]

BOI Promotion for Fuel from Agricultural Products

If you are interested in getting BOI promotion for manufacturing of fuel, you may be eligible if the fuel is made from agricultural products, including agricultural scrap or garbage or waste. Because of the nature of manufacturing, your business can be owned 100% by foreigners. The following activities should be the nature or components of […]

Selling Traditional Medicines Products Licensed Abroad in Thailand

A foreigner can bring and sell traditional medicines in Thailand which are branded and licensed overseas provided that he complies with the requirements of Thai Food and Drug Administration (FDA). Such requirements are listed below and is subject to the final decision of the concerned authorities: The products that the foreigner wants to import must […]