Our Thailand BOI software business was set up by Thai Lawyers Ltd. We want to know if the BOI company makes a profit of 4 M Baht and we draw a dividend of 1 million Baht to ourselves at end of year 1, do we have to pay any tax on the 4 million Baht? […]
BOI testimonialsWe are American company and we have to service our subsidiaries in South-east Asia. Can we get investment promotion from BOI in Thailand? Yes. You can set up a Thailand BOI company to monitor and service your associated enterprises including providing or letting office or factory building to them. You must have a business […]
A foreigner wanting to do advisory service related to engineering asked Thai Lawyers if we can get Thailand BOI certificate for their engineering business here. We would like to share the points to consider if you want to get BOI for your engineering – consulting business. If you provide engineering and technical services, which are not related […]
The benefits of getting BOI promotion in Thailand for wholesale business are mostly about having many work permits and owning land. As a foreign company, which has more than 50% shares owned by foreigners, wholesaling products in Thailand, you have to get a foreign business license in order to operate your business in the country […]
This post is about Thailand BOI promotion for software business, which is classified as one of special importance and benefit to the country. Thailand Board of Investment (BOI) grants the promoted software companies a corporate income tax exemption without a cap and other incentives. Thailand BOI promotion for software business is granted to the following […]
Closing down a Representative Office in Thailand is much easier than opening it, which requires a lot of documents supporting the application for a Foreign Business License. Here are the documents needed when closing down a representative office to be filed at the Department of Business Development. A letter explaining the reason of closing down the […]
Some of Thailand BOI promoted activities are classified as of special importance and benefit to the country and the Board of Investment grants the promoted companies corporate income tax exemption without a cap plus other rights and benefits. Those high priority Thailand BOI promoted activities are Category 1.3 Economic forest plantations (except for eucalyptus) Category 3.9 Creative product design […]
Whenever there is a need of changing Branch Office Manager, there are documents and fee that need to be filed with the Department of Business Development.
Foreign companies should plan carefully whether your presence in Thailand should be just a Representative Office or a Branch Office.
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 […]