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 […]
Thai BOI promoted companies have the privilege to invite foreign nationals to work in Thailand with less restriction compared to ordinary Thai companies. Provision of using the privileges under the Investment Promotion Act B.E. 2520 (A.D. 1977): Section 24, Section 25 and Section 26, such rights and benefits for supporting visa and work permits of […]
As a way to give support to the industrial decentralization, the BOI will grant promotion status to existing activities in the Center area, whether being BOI-promoted or not, if they relocate to other regions. The following criteria for factory relocation are used: The operation must relocate from Zone 1 to Zone 2, or from Zone […]
As a continuation of the summary of recently announced measures by the Thailand BOI to promote improvement of production efficiency, below are the list of measures to promote the investment on research and development and advanced engineering designs for efficiency improvement:- 3.1 This measure applies to existing projects only, be it BOI or non-BOI promoted. […]
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 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, […]
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 […]
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 […]
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 […]
Our BOI expert explained that the application is submitted to the Board of Investment only one time. Once you have been approved, we will file some more forms so you will get the BOI certificate, which we will translate for you and our job is done. With the certificate, you can hire your foreign employees […]