Thailand BOI has one of the conditions for the company to have the minimum level of investment capital required for all types of activities eligible for Thailand BOI promotion of one million baht. This amount excludes cost of land and working capital. Oftentimes, there is so much confusion regarding the calculation of the investment capital therefore, to […]
Free Zone is a designated area for industrial or commercial operation or any other operations involve in economic growth and development. It is considered to be outside Thailand and Thai Customs territory. Accordingly, when foreign merchandise is brought into a Free Zone, no taxes and duties is owed until the merchandise leaves the Zone and enters […]
In Thailand, labour welfare is considered as a major concern where employers are required to provide the sufficiently comfortable, clean, and safe working conditions to all employees. To ensure that the employee is entitled to benefit from safe working conditions, the Minister of Labour issue Ministerial Regulations Concerning the Provision of Labour Welfare in Workplace […]
As defined, a copyright is a form of protection for the creators of “original works of authorship” including literary, dramatic, musical, artistic, and other intellectual works, both published and unpublished. A copyright protects the form of expression rather than the subject matter of the work. Types of Work that can be Protected by Copyright in […]
Thailand BOI has a measure o relax the limitation of foreign shareholding in manufacturing activities and to facilitate investors on their investment. The following criteria are used by the Board of Investment: 1.1 For a project in agriculture, animal husbandry, fishery, mineral exploration and mining and service business under Schedule One of the Foreign Business […]
Thailand BOI tax incentives granted to the promoted companies in Zone 3 specifically for those projects located within or outside industrial estates or promoted industrial zones in 22 provinces: Amnat Charoen, Buriram, Chaiyaphum, Kalasin, Maha Sarakham, Nakhon Phanom, Nan, Narathiwat, Nong Bualamphu, Nongkhai, Pattani, Phayao, Phrae, Roi Et, Sakhon Nakhon, Sathun, Si Sa Ket, Surin, […]
Thailand BOI grants certain privileges to the promoted companies in each investment promotion zones. We summarize below the tax incentives granted to Zone 3 specifically for those projects located in industrial estates or promoted industrial zones in 36 provinces: Chai Nat, Chantaburi, Chiang Mai, Chiang Rai, Chumphon, Kamphaeng Phet, Khon Kaen, Krabi, Lamphang, Lamphun, Loei, […]
Thailand BOI grants certain privileges to the promoted companies in each investment promotion zones. Today, we summarize the tax incentives granted to the projects in Zone 2 which includes Angthong, Ayutthaya, Chachoengsao, Chonburi, Kanchanaburi, Nakhon Nayok, Phuket, Ratchaburi, Rayong, Samut Songkram, Saraburi and Suphanburi. Such tax incentives for Zone 2 are as follows: – Exemption of […]
The Board of Investment of Thailand grants certain privileges to the promoted companies in each investment promotion zones. Today, we summarize the tax incentives granted to the projects in Zone 1 which includes Bangkok, Samut Prakan, Samut Sakhon, Nakhon Pathom, Nonthaburi and Pathum Thani. – 50% reduction of import duties on machinery for both inside […]
The Industrial Estate Authority of Thailand (IEAT) law states that the free zone is designated for the operation of industrial activities, commercial activities or other business relating thereto, for the purpose of economics, national security, public well-being, environmental management or other necessities as prescribed by the Board of the IEAT, whereby goods taken into the […]