Category: Thailand BOI
Hotel Business in Thailand
Most of the time, starting a hotel as a business in Thailand is a very profitable undertaking; however it is subject to quite a significant amount of regulation. Step 1: Business registration and Ownership While a Thai national may register any form of business entity, a private company limited is the most suitable form of […]
U.S. Firm Applying for a Patent in Thailand
Patent filing in Thailand U.S. firms are eligible to apply for patent protection in Thailand, although if the invention was made in the U.S. you must file an initial patent application there first. If the invention was made in the U.S., you cannot file in Thailand until you receive a foreign filing license or 6 […]
American Company Applying for BOI Incentives
Companies incorporated in the U.S. or majority-owned by Americans are often eligible for incentives from Thailand’s Board of Investment (BOI). For example, BOI promoted businesses are automatically granted a business licence. Investment Promotion Criteria Regulations set requirements for each industry and sub-industry eligible for the promotion. The Board considers the business plan, the viability of […]
How to Own Real Property in Thailand
Buying real property in Thailand can be a valuable investment for foreigners if you do your homework and make sure to do it property. When making your plans you need to take into account the limitations on foreign land ownership and Thai tax law. Check our How to Buy Property in Thailand page. The easiest […]
Hire of Immovable Property for Commerce and Industry
Foreign investors seeking to lease land in Thailand for business purposes may find themselves limited by the 30 year lease limit posed by the Civil and Commercial Code. Indeed, the 30 year limit is rather short in comparison to lease limits in other jurisdictions; such as Vietnam, which allows residential lease terms from 50 to […]
BOI Promotion of the Motion Picture Industry
Thailand has been thriving as a destination for film production companies. Its beautiful natural scenery, exotic locale, and cheaper production costs make it an attractive option for many foreign filmmakers. Another reason is that Thailand already has a developed film production infrastructure in place, which makes it less necessary to import equipment from outside the […]
Procedures of Applying for BOI Promotion
Applicant must contact the BOI official within 10 working days to make an appointment for interview and project presentation. Completed BOI application are submitted to: Investment Service Center One Start One Stop Investment Center Regional Investment and Economic Centers Overseas Offices BOI Offices Project Analysis BOI will inform the applicant in writing within 7 working days […]
Non-Tax Privileges under the (BOI) Board of Investment in Thailand
When the applicant is informed of the writing approval notification by the office of Board of Investment, the applicant will be also be given the detailed conditions, privileges, and benefits from the Board of Investment in writing. Whether the promoted project is granted, the tax privileges or non-tax privileges or both depends on the type […]
Thailand BOI Flood Relief Measures
According to the serious flood situation in many areas, the Thai government has realized that this situation is no longer a local economic problem. The Thai flood which leads to the major damage to factories and business operations has affected both foreign and domestic investors. The Board of Investment is also worried about the BOI […]
BOI Feasibility Study for the Large Business Operation
One of the basic criteria for BOI project approval with investment capital of over 80 million Baht is that the applicant must submit the project’s feasibility study as a Board requirement. The feasibility study is divided into 2 types based on the amount of investment capital. Note that the mentioned investment capital does not include […]
