International Business Process Outsourcing (IBPO) in Thailand

| February 6, 2014

Call center business can be promoted by Thailand BOI under the category of international business process outsourcing (IBPO). However, only non-tax incentives will be granted for such projects. International Business IBPO services must be provided through the telecommunications network. Services may include the following activities: administrative support, finance and accounting, human resources, sales and marketing, customer support, […]

Foundation in Thailand

| January 21, 2014

In Thailand, a foundation is consists of property specially appropriated to public charity, religion, arts, science, literature, education or other purposes for the public benefit and not for sharing profit and has been registered under the provisions of the Civil and Commercial Code. The property of a foundation must be managed for implementing the objects […]

Thailand BOI Policies for Investment Promotion

| January 20, 2014

Thailand BOI has prescribed investment policies in order to relieve the fiscal burden of the government and to respond to current and future economic situations as follows: 1.1   The efficiency and effectiveness of tax privileges given shall be enhanced. Privileges shall be granted to projects that actually benefit the economy and good governance shall be […]

Thailand Residence Permit for Employment Purposes

| January 20, 2014

Foreigners who want to work in Thailand can apply for Residence Permit provided that the following qualifications are met: The applicant has to be in a position of executive officer such as President of Committee or Committee of juristic person registered in Thailand with a capital of at least Baht 10 million and is authorized […]

Thailand BOI incentives for SMEs

| November 11, 2013

Thailand BOI has recently approved a new promotional incentive package to help small and medium enterprises (SMEs) increase capabilities. The Thai BOI also approved a new promotional incentive package to help existing SMEs enhance their machinery efficiency in order to boost their competitiveness. Thus, interested companies will have to apply for the incentives before 31 December […]

Thailand BOI Promotion – Presentation and Interview Session

| October 15, 2013

Question: When applying for a BOI promotion in Thailand, do we have to be interviewed by BOI officers? How long will it take for the interview? What questions do they usually ask? Answer: Yes, after submitting the application forms for Thailand BOI promotion to the Board of Investment, you need to contact the responsible officer to […]

Required Information and Documents for Foreign Business License Application – Part 2 of 2

| September 26, 2013

In consideration on approval of service business for the affiliated or group company, the Foreign Business Committee will consider the details of information in the application for the foreign business license together with the supplementary documents according to the scope of the services to the affiliated company or group company as follows:- For Business in […]

Required Information and Documents for Foreign Business License Application – Part 1 of 2

| September 26, 2013

This is a continuation of the previous article regarding the Foreign Business License application of service business for the affiliated or group company. Here, we list the information and supplementary documents for the consideration of Foreign Business License application. In consideration on approval of service business for the affiliated or group company, the Foreign Business […]