BOI Promotion Application
The Thailand Board of Investment (BOI) offers attractive incentives to businesses that contribute to the country’s economic development. Securing BOI promotion can provide tax exemptions, work permit flexibility, and numerous other benefits. If you’re planning to apply, I’m here to ensure your success.
Common Challenges
The BOI application process can be complex and highly competitive. Here’s how I simplify it for you:
Eligibility Assessment: Evaluate your business against BOI criteria to determine your eligibility.
Application Preparation: Prepare and submit the required documents, including the business plan and feasibility study.
Liaison with BOI: Act as your representative in meetings and communications with BOI officials.
Post-Approval Support: Assist with implementing BOI requirements, such as reporting and compliance.
What is BOI Promotion?
BOI promotion is a government program designed to attract foreign and domestic investment into industries critical to Thailand’s growth. Companies that qualify for BOI promotion can benefit from incentives such as corporate tax exemptions, land ownership rights, and streamlined visa and work permit processes. Benefits include:
Tax Incentives: Enjoy corporate income tax exemptions for up to 8 years.
Work Permit and Visa Benefits: Streamlined processes for hiring foreign staff.
Land Ownership: Rights to own land for BOI-promoted activities.
Import Duty Exemptions: Waivers on machinery and raw material imports.
Infrastructure Support: Access to industrial estates and government-backed services.
Maximize your business’s potential in Thailand with BOI promotion. I’ll handle the paperwork, liaise with officials, and ensure your application meets all the requirements.
📅 Book a Free Consultation Today and take the first step toward BOI incentives.
How I Can Help:
Securing BOI promotion involves stringent requirements and comprehensive documentation, including:
A detailed business plan and financial forecasts.
Proof of technology transfer or innovation.
Alignment with Thailand’s targeted industries.
With my expertise, I’ll guide you through these challenges and maximize your chances of approval.
FAQs About BOI Promotion Application
1. What types of businesses are eligible for BOI promotion?
BOI focuses on industries such as manufacturing, technology, research and development, agriculture, and digital services. Each industry has specific criteria for eligibility.
2. How long does the BOI application process take?
The process typically takes 2–3 months, depending on the complexity of your application and the industry.
3. Do BOI-promoted companies need to meet performance conditions?
Yes, you must meet conditions such as minimum investment requirements, technology transfer, and employment of Thai staff, depending on your industry.
4. Can BOI benefits be extended?
Extensions or additional incentives may be granted if your company meets specific criteria outlined by the BOI.
5. What happens if my application is rejected?
You can address the reasons for rejection and reapply. I’ll help you revise your application for better chances of success.
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Address
146 Convent, Soi Pipat 2, Si Lom, Bangkok 10500, Thailand
Contact Methods
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Book a Free Consultation
I'm located in Bangkok, a 5 minute walk from Chong Nonsi BTS and 10 minutes from Sala Daeng BTS / MRT in the Si Lom / Bang Rak area, give me a call or an email to arrange a meeting in my home office over a coffee!
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