Securing promotion from the Thailand Board of Investment (BOI) under the Investment Promotion Act B.E. 2520 (1977) is a significant milestone for any foreign investor in Thailand. It unlocks valuable incentives, including tax holidays, import duty exemptions, and the possibility of majority or 100% foreign ownership notwithstanding restrictions under the Foreign Business Act B.E. 2542
Tag Archives: BOI application
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Apr
Apr
For foreign investors looking to start a business in Thailand, applying for Board of Investment (BOI) promotion can significantly streamline the process and provide numerous benefits, including tax incentives, duty exemptions, and, importantly, the possibility of 100% foreign ownership. However, navigating the application process can be complex, requiring a clear understanding of the eligibility criteria