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, […]
Thailand BOI grants certain privileges to the promoted companies in each investment promotion zones. Today, we summarize the tax incentives granted to the projects in Zone 2 which includes Angthong, Ayutthaya, Chachoengsao, Chonburi, Kanchanaburi, Nakhon Nayok, Phuket, Ratchaburi, Rayong, Samut Songkram, Saraburi and Suphanburi. Such tax incentives for Zone 2 are as follows: – Exemption of […]
The Board of Investment of Thailand grants certain privileges to the promoted companies in each investment promotion zones. Today, we summarize the tax incentives granted to the projects in Zone 1 which includes Bangkok, Samut Prakan, Samut Sakhon, Nakhon Pathom, Nonthaburi and Pathum Thani. – 50% reduction of import duties on machinery for both inside […]
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, […]