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 […]
IT companies overseas sometimes need to deploy software developers to Thailand when they do not have a legal entity here. There are many solutions you can explore. What is the best one for you to relocate an IT team to Thailand depends on how many people and how much time you have. The first option […]
Foreigners buying a condo in Thailand do not need to transfer money from overseas if they work for a BOI company. That is one of the many benefits of Thailand BOI promotion. The expats are exempt from having to transfer the purchase money from their bank account outside the country. Thai Lawyers can help our […]
COVID or not, here we are! Thailand is partly opened. In accordance with the Notification of the Operation Centre for Measures on the Arrival into and Departure from Thailand, and Protection of Thai Nationals Abroad dated 21 October 2021, the following are the list of countries permitted to enter Thailand from November 1, 2021. Australia […]
Software developing companies who want to apply for Thailand BOI promotion for software, digital platform and digital content need to rethink their strategy. On 16 September 2021, the BOI announcement No. Sor 4/2564 cancelled the investment promotion of activities 5.7 (Software), 5.8 ( E-Commerce ) and 5.9 (Digital Services). Basically, all those were cancelled in […]
We have a client from England who wants to know if they should apply for Thailand BOI before or after having a company. Here are their questions and our answers: Q: The company has existing operations, office and employees. Also, we are in the process of sponsoring additional foreign workers. What would happen to the […]