BOI Operation Opening – Software Activity

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 also in completing the BOI official operation opening forms and procedures.

For assisting the BOI official operation opening, we will do the following:

1. Consult with you on all the documents you have to prepare for the BOI

2. Fill out all the forms needed to request the BOI to open your operation.

These are the documents and things that you will have to prepare (with our guidance):

  1. A software that you have created within this company by the programmers on the company’s payroll. 
  2. You need to have evidence of following the steps of software development process in the creation of this software. The steps are:

2.1  Modeling

2.2  Requirement Analysis

2.3  Design

2.4  Implementation of Software and Digital Content

2.5  Program and System Testing

2.6  Deployment of Software and Digital Content

2.7  Configuration & Change Management of Software and Digital Content

2.8  Related professional training for Software and Digital Content Design and Development

  • You need to show the evidence that you have spent Baht 1.5 million on your Thai IT personnel salaries in the third year of operation (monthly employees’ tax returns, monthly social security returns and IT employees’ qualification.) You will need to show that those guys have education degree or experiences to be able to work as your IT personnel.
  • The first invoice you issued for the income of this software.
  • Other corporate documents

If you have a BOI company in Thailand, we highly recommend that you work with experts like us in complying with the Board of Investment’s conditions especially when you want to request the BOI to open your operation. For hassle-free and smooth process, consult with Thailand BOI experts now.