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 […]
Thailand BOI has recently announced certain measures to promote improvement of production efficiency for manufacturing by upgrading technology and machinery for energy conservation, alternative energy utilization or reduction of environmental impacts, as well as to encourage research and development and advanced engineering design involvement. Today, we list the Thailand BOI measures to promote energy conservation, […]
At present, the Thailand BOI is still promoting investment with the current investment promotion policy. Thailand BOI expects that the new investment strategy will be effective from the beginning of 2015. Thus, investors submitting the investment promotion application within 2014 will receive incentives according to the existing policy. Currently, the existing Thailand BOI promotion incentives […]
Our BOI expert explained that the application is submitted to the Board of Investment only one time. Once you have been approved, we will file some more forms so you will get the BOI certificate, which we will translate for you and our job is done. With the certificate, you can hire your foreign employees […]
Thailand BOI application form includes the address of your business/factory. If at the time of applying for BOI, you are not sure about the location of your business or factory, at least you have to put a province. You do not need to put the exact address yet. When your project is approved by the […]