One of our clients that were granted a BOI certificate for the software activity by the Board of Investment needs to officially open its operation after 3 years since they obtained the BOI certificate. We at Thai Lawyers can not only assist in applying for Thailand BOI promotion and filing the BOI progress reports but […]
A Branch Office or a Representative Office that is permitted to operate the business in Thailand must comply with certain conditions. One of these conditions is the remittance of its investment capital from the Head Office. The minimum capital to register a Branch or Representative Office in Thailand is THB 3 million. The Head Office […]
Currently, there must be a minimum of 2 promoters to form a private limited company in Thailand. Company promoters are responsible for registering the company with the Department of Business Development of the Ministry of Commerce. The promoters must be individuals, not juristic persons or company and must be 12 years of age or older. […]
One of the Thai Board of Investment (BOI) criteria for investment promotion is the amount of capital investment and project feasibility. In this article, we talk about the minimum capital investment required for each project to register the company under the BOI promotion. In general, the minimum capital investment required for each project is one […]
We got an inquiry from a yacht builder who wants to establish a company in Thailand and apply for investment promotion with the Board of Investment. This activity may be eligible for BOI promotion under activity no. 3.15 building or repair of ships. The condition is to produce boats (or yachts) measured in units. The […]
Foreigners can manufacture fertilizers in Thailand and receive incentives from the government. You can register the company under Thailand BOI activity number 1.4.1. This activity includes manufacture of biological fertilizers, organic fertilizers, nano-coated organo chemical fertilizers and bio-pesticides. To qualify for the promotion, the products must meet these conditions: Once promoted, the company can be […]
Myanmar nationals can set up a health care center in Thailand that will provide care for groups of senior citizens. You must have a Thai partner(s) that will hold at least 51% shares of the company. It can also be eligible for BOI promotion under activity 2.2.2.1 Senior/dependent care center provided that it is majority […]
If you are planning to produce e-bikes in Thailand, you may consider applying for promotion with the Board of Investment. For setting up a Thailand BOI company, you may be eligible for promotion under activity number 3.12, manufacture of electric bicycles (e-bike). If your project gets approved, you can be granted with these incentives: – […]
Foreigners can engage in co-working space business and be eligible for Thailand BOI promotion as a digital ecosystem supported business. Under activity no. 8.3.3 Co-working space, the BOI has the following conditions before they can consider granting the promotion for this project: If the project is approved, the company can be granted non-tax benefits as […]
According to Section 8 of the Foreign Business Act of 1999, foreigners cannot operate businesses in respect of which Thai nationals are not ready to compete with foreigners yet, as prescribed in List Three, unless upon obtaining permission from the Director-General with the approval of the Commission. Hence, the business activities that are in List […]