This is part 1 of 3 posts on Thailand BOI Cluster Policy. Thailand BOI cluster policy is intended as a response to the Thai government’s Cluster-based Special Economic Development Zones policy, or the Cluster Policy, which came into effect on September 16, 2015. A cluster is concentration of interconnected businesses and related institutions that operate […]
Thailand BOI promoted companies which applied for BOI promotion during 1 January 2014 – 30 June 2016 and are in the categories that receive corporate income tax exemption will be able to receive more years of tax exemption and 50% tax reduction as additional Thailand BOI benefits. Conditions: The company must have an actual investment […]
We got a question from a foreigner whose business was approved Thailand BOI promotion. Question: Hi Thai Lawyers, we applied for BOI for our business we plan to do in Thailand. We got a letter from the Board of Investment telling us they approved of our project, but we did not see any BOI certificate […]
There are many types of agriculture activities granted Thailand BOI promotion. This post, we will look through the conditions and benefits of BOI for animal propagation or animal husbandry which is one of the activities eligible for promotion. The promoted companies can obtain corporate income tax exemption and non-tax incentives. Conditions A. Livestock and aquatic […]
Thailand Board of Investment has one of the conditions for the promoted companies in some promoted activities to have a minimum level of investment capital. Construction costs can be included as part of such investment. Moreover, in case the promoted companies lease an office space, land, building or factory, the total lease amount specified in […]
Nowadays more and more people are becoming very conscious about their health and seeking food supplement apart from the nutrition given by typical food. This trend is reflected in an increase in the demand for different food supplements. Food supplement industry in Thailand has been growing rapidly. Moreover, the Board of Investment (BOI) promotes the […]
We have an international client that uses our BOI Thailand service, who has an interesting question regarding what their investment promotion allows them to do. Question: We are currently engaged in discussions with another company about forming a Joint Venture (JV) company. They would hold 51% of this company and we would hold 49% of […]
To become a fully Thailand BOI compliant company, the company has to complete the conditions set out in the BOI certificate. Some BOI companies are required to have the minimum investment (excluding cost of land and working capital) of at least 1 million Baht (or any the amount specified in the BOI certificate). In addition […]
This post is about Thailand BOI promotion for E-Commerce business which is in the list of activities eligible for investment promotion. However, a corporate tax exemption incentive will not be given to this kind of business, but the Board of Investment (BOI) grants an exemption of import duty on raw materials and other non-tax incentives […]
For the investors who want to manufacture biological fertilizers, organic fertilizers, nano-coated organo chemical fertilizer and bio-pesticides in Thailand, the Board of Investment (BOI) gives the incentives to such business if it can meet the following conditions: For biological fertilizers, organic fertilizers and nano-coated organo chemical fertilizer, the products must be registered and obtain license […]