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The Board of Investment in Thailand was created by the Thai government to encourage development in the industrial and commercial sector of Thailand. The Board of Investment also referred to as the BOI has a criteria for any projects applying for generous incentives and privileges under the scheme. |
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Privileges
& Promotions |
PRIVILEGES
- Application for Promotion
- Land Ownership
- Clearance of Imported Machinery
- Clearance of Raw Material
- Project Monitoring
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PROMOTIONS
- Foreign Skilled Technicians &
Experts
- BOI Non-Immigrant Visa
- BOI Work Permit
- One Stop Service Center
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Amongst other requirements for a project with investment capital (excluding cost of land and working capital) however not exceeding 500 million baht, the following criteria is used:
The value added is not less than 20 percent of sales revenue, except projects that manufacture electronic products and parts or process agricultural produce, and projects granted special approval by the Board;
Ratio of liabilities to registered capital should not exceed 3 to 1 for a newly established project. Expansion projects shall be considered on a case by case basis;
Modern production processes and new machinery are used. In cases where old machinery will be used, its efficiency must be certified by reliable institutions and the Board's approval must be obtained;
Adequate environmental protection systems are installed. For projects with a potential environmental threat, the Board shall prescribe special conditions on both the location of the project and the manner of pollution treatment.
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Area of
Specialization |
FACTORY
- Application for Promotion
- Certification Process
- Factory Relocation Promotion
Application
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TECHNOLOGY PROMOTION
- Software
- E-Commerce
- Software Industry Promotion
Agency (SIPA)
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SKILL, TECHNOLOGY AND INNOVATION
(STI)
- Application for Promotion
Privileges
- Documentation
- Follow up
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Applying to the Thailand Board of Investment is best done through a Thai law firm as it's a very complex procedure. Contact us today to consult with any of our Thai lawyers or any number of our foreign lawyers on staff who will provide you with all the information you need. |
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