Currently, the Board of Investment’s condition for the promoted software activity is that it has to spend Baht 1.5 million on Thai IT salaries per year and must comply with that for as long as the company wants to maintain the BOI status and all of its benefits as follows: The company will have 36 […]
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 […]
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 […]
Burmese people can buy condominiums in Thailand. Normally, they need to transfer the money from overseas to Thailand in order to pay for the condo. But if they are employed by a BOI company, they do not need to transfer money from their bank account overseas. As one of the many benefits of Thailand BOI […]
Today, one of our Myanmar clients asked us about the differences on work permit conditions based on the type of business that Myanmar nationals can do in Thailand. For a limited company without BOI promotion, whether it is a Thai majority or Burmese owned company, there must be at least 2 million Baht fully paid-up […]