Tag: Thailand BOI
Where to Build a Factory in Thailand?
Foreign investors who are looking to construct a factory in Thailand should be aware of the different possible locations in which a factory can be built. There are primarily three possible locations, in order of suitability: Industrial Estates Industrial-zoned land outside of industrial estates (“Purple zone”) Non-industrial zoned land (“Green Zone”) Out of those three […]
Utilizing the Thailand-Australia Free Trade Agreement (Continuation…)
What criteria must companies fulfill in order to be eligible to use the TAFTA? In order to enjoy the special privileges enabled by the TAFTA, the company in question must be eligible to apply for a Business Operations Certificate Section 10 of the Foreign Business Act. Within Section 10 is an outline for the criteria […]
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 properly. 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 […]
Thailand BOI – FAQ
Q: How can a foreigner invest in Thailand? A: Foreigners will normally invest in following business entities: By Thai Company Limited with Thai majority own By foreign majority own with Foreign Business License (FBL) By foreign majority own with an exception of FBL i.e. BOI, U.S.-Thai Amity-Treaty Q: What is the corporate tax structure for […]
