A client of Thai Lawyers imports and sells machinery. We advised them to get Thailand BOI for machinery, engines, tools and equipment business. This is because our client does not want to increase their registered and paid up capital Baht 2M for every expat they hire and that is not the only thing. They need […]
What are Thailand BOI benefits granted to companies providing international business process outsourcing services? If your services are provided through communication network such as administrative, finance, accounting, human resource, sales and marketing services, customer service, data processing, etc (or international business process outsourcing), you can get an investment promotion from Thailand Board of Investment and here […]
Is it possible to get BOI in Thailand for consulting business? If your company does consulting and needs many work permits for your foreign employees, you should read this post. To get Thailand BOI for consulting business, you will be looking at BOI activity 7.7 Trade and Investment Support Office (TISO), which covers advisory services […]
How do BOI companies in Thailand that get income tax exemption use the losses from its operation? In general, companies in Thailand with BOI benefits from section 65 Ter (12) of the Revenue Code, which allows losses to be carried forward for five accounting periods and to be offset against future profits from all sources. Net […]
Our Thailand BOI software business was set up by Thai Lawyers Ltd. We want to know if the BOI company makes a profit of 4 M Baht and we draw a dividend of 1 million Baht to ourselves at end of year 1, do we have to pay any tax on the 4 million Baht? […]
BOI testimonialsWe are American company and we have to service our subsidiaries in South-east Asia. Can we get investment promotion from BOI in Thailand? Yes. You can set up a Thailand BOI company to monitor and service your associated enterprises including providing or letting office or factory building to them. You must have a business […]
A foreigner wanting to do advisory service related to engineering asked Thai Lawyers if we can get Thailand BOI certificate for their engineering business here. We would like to share the points to consider if you want to get BOI for your engineering – consulting business. If you provide engineering and technical services, which are not related […]
As a way to give support to the industrial decentralization, the BOI will grant promotion status to existing activities in the Center area, whether being BOI-promoted or not, if they relocate to other regions. The following criteria for factory relocation are used: The operation must relocate from Zone 1 to Zone 2, or from Zone […]
As a continuation of the summary of recently announced measures by the Thailand BOI to promote improvement of production efficiency, below are the list of measures to promote the investment on research and development and advanced engineering designs for efficiency improvement:- 3.1 This measure applies to existing projects only, be it BOI or non-BOI promoted. […]
In the previous article, we outlined the recently announced measures to promote energy conservation, alternative energy utilization or reduction of environmental impact. Today, we outline the measures to promote improvement in production efficiency by upgrading technology and machinery for manufacturing as follows:- 2.1 This measure is applicable to existing projects only, whether a BOI or […]