Benefits of having a BOI Company
Tax Incentives
BOI Company mainly enjoy 2 major benefits over a non BOI Company
- Exemption or reduction of import duties
- Exemption of a juristic person’s income tax and dividends
- Double deductions from the costs of transportation, electricity and water supply
- Eight-year corporate income tax exemption for:
Knowledge-based activities focussing on R&D and design to enhance Thailand’s competitiveness, or Activities in infrastructure for Thailand’s development, or Activities using advanced technology to create value-added
- Five-year corporate income tax exemption for:
High-technology activities which are important to Thailand’s development, with few investments already existing here.
- Three-year corporate income tax exemption for:
Activities with lower technology than above, but add value to domestic resources and supply-chain.
Non Tax Incentives
BOI Company mainly enjoy 2 major benefits over a non BOI Company
- Permits to bring in foreign skilled workers and experts
- Permit to own land Permit to remit money abroad in foreign currency
- Protection against nationalisation of the business
- The BOI will also announce a wide range of additional and often time-sensitive incentives for companies already operating under a BOI license.
Is BOI Company suitable for you?
BOI Company is suitable for businesses who are ready and intend to commit in doing business in Thailand for a long term.
Your Journey to owning a BOI Company in Thailand
1
Send us an inquiry Email / WhatsApp us
2
Determine your Business Activity & that it falls under the eligible activities
3
You must be ready to invest at least THB3,000,000
4
Register your Company & Build your Business Plan according to BOI Requirements
5
Go for interview
List of eligible Business Activities for BOI Company
Our Fees to assist qualified businesses to setup a BOI Company in Thailand
All-inclusive: THB340,000
Initial consultation of your business model to see whether it meets one of the eligible business activity
Special checking with the BOI officer to find out the likelihood of approval for your case
Assistance with completing the form according to BOI expectation
Assistance with guiding and tweaking your business plan to meet BOI expectation
Assistance and companion during the face-to-face interview process
Obtain special advice from the BOI officer for necessary tweaks or correction
Collection of BOI certificate
Update of business registration at DBD and RD