SIAM TRADE DEVELOPMENT
Thailand BOI Company
We provide a complete BOI Company registration: business plan, BOI application, BOI working permits, and compliance.

Thailand Board of Investment (BOI) has the mandate to support and facilitate the investments into specific promoted sectors of activity.
We all know, doing business in Thailand is profitable and easy, but restrictions for foreigners are heavy. With BOI approval, most of such restrictions are eased, thanks to the support of Thai Government. Thus, a Company can be 100% foreign-owned, working permit restrictions are levied, and tax exempions are given to Thailand BOI Company.
Process is easy if managed professionally and with the right knowledge. The full process may take up to 90 days, and all we need is a summary of your project that we’ll analyze together in video-conference.
BOI Promotion for Thai Companies includes also some non-tax incentives, that definitely makes the operation easier. 1) permits to bring in foreign skilled workers and experts without limitation of 4 thai workers per every foreigner; 2) permit to own land even in case of 100% foreign ownership; 3) permit to remit money abroad in foreign currency; 4) protection against nationalisation of the business; 5) further additional time-sensitive incentives for companies already operating under a BOI Promotion
BOI certification has the attractive benefit of allowing foreign shareholding of the company, often accepting 100% foreign-ownership, even where the company’s business is included in List 2 and List 3 of the Foreign Business Act’s prohibited activities. In case the company’s scope are enlisted in List 1 of the Act, the BOI will require the company have a minimum of 51% Thai-ownership. The BOI may impose foreign shareholding limits if they consider it appropriate.
The Thailand Board of Investment is a government body whose task is to encourage foreign investment in Thailand. It works under a seven-year Investment Promotion Strategy from 2015 to 2021. Under BOI Promotion, a Thai company can enjoy a range of benefits. Major benefits of becoming a BOI company in Thailand are: tax waivers, multiple work permits without the limitation of four Thai employees per foreigner, a fast track for work permits at One Stop Service Centre and even the authorization to own land, even in the case of 100% foreign ownership.
Eligible business are multiple, and the BOI Promotion is opened also to foreign SME: the minimum required investment is only one million THB. BOI application can be started BEFORE the company set up, and based on a mere project. Once approved, the Company shall be formed and the project must follow the Business plan; any amendment to the BOI Promoted Company must be authorized.