BOI compliances and business licensing

The Board of Investment (BOI) is an agency of government department of Thailand. The main purpose of BOI is to attract and to promote investments and capitals in Thailand. Thai companies which register under BOI criteria shall obtain many privileges. Some of such privileges are ease in an approval of work permit for foreign workers who live in Thailand, substantial tax breaks for a long period, the right for a Thai and foreigner held company to own land and rules restricting foreign ownership of land which it shall be exempted. Obtaining BOI privileges are also restricted to some eligible activities including agriculture, Mining, ceramics, metal, light and electronic industry, machinery, transport equipment, chemicals, paper, plastics and Utilities.

 

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