BOI Companies

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What is the BOI?

Setting up a company in Thailand

The Thailand Board of Investment (“BOI”) is an agency formed by the Thai government tasked with promoting foreign investment into the Kingdom. It does so by incentivizing qualified investors with several benefits and providing information to facilitate a smoother investment process in Thailand. The Board operates directly under the Prime Minister’s Office.

What benefits does the BOI provide?

The incentives provided by the BOI can split into two main categories: tax and non-tax incentives. The former consists of several exemptions and/or reductions in taxes for certain amounts of time, depending on the prospective applicant’s business activities. The latter consists of privileges that are not normally afforded to foreign investors, including full foreign ownership of a corporate entity and permission to own land in the Kingdom.

How do I apply for BOI promotion?

The process of applying for BOI promotion is complex and involves a bureaucratic process of compiling paperwork and other documents deemed necessary by the Board. It is recommended that those interested in applying for BOI promotion seek out an experienced law firm to facilitate the application.

Not sure where to begin?

Schedule a free 30-minute discovery call to discuss starting & managing your company in Thailand.

Mr. Nattapong Poonmaksatid, Head of Legal

Fill out the form on the right to schedule your free discovery call

Thailand BOI Business Category

Eligible activities for promotion by business categories

In order to be qualified for BOI promotion, projects must engage in at least one of the eligible business activities listed by the Board. 

Select your industry below for more information:

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