Thailand BOI promotes design center projects in the country. This activity, listed under Section 7, Service and Public Utilities, is classified as a priority activity that has a special importance and benefits to the country. In order to become eligible for Thailand BOI promotion, investors or entrepreneurs of such design center projects have to meet […]
Thailand BOI, together with the National Science and Technology Development Agency (NSTDA), Thai Embedded Systems Association (TESA) and leading universities and companies in Thailand, has set up the “Thailand Electronics Design Industry Human Resource Development Project.” The aim of the project is to produce skilled labor by educating and training people studying in universities. Supporting integrated […]
When applying for a Thailand BOI promotion, the location of the factory is required because the privileges granted to the project vary according to Investment Promotion Zones, consisting of 3 zones. If an applicant cannot specify an exact address at the time of application submission, at least the name of the province must be filled […]
Thailand continues to industrialize although it is dependent on foreign industrial machinery for immediate future. At present, there is a high demand for the following machinery: Food and farm machinery Alternative energy/energy conservation machinery Textile machinery Automotive machinery Mould & Die industry Moreover, specific Industrial Machineries needed are as follows: – Turning machines – Drilling […]
To get the promotion from the Board of Investment of Thailand (BOI), an applicant can be a juristic person, a natural person or foundation. The BOI does not require the applicant to establish the company at the date of application but when the BOI project is approved and before getting the certificate, the company must […]
Today, we talk about the BOI conditions, rights and benefits for the promotion of manufacturing textile products or parts in Thailand. Under Section 3 of the Permitted Activities of the Board of Investment, activities in the category of manufacture of textile products or parts are sub-categorized as follows: Manufacture of natural or synthetic fibers Yarn […]
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 […]
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, […]