Secure 100% Foreign Ownership for your Business with Thailand's BOI
A BOI promotion offers foreign investors tax advantages, reduced visa and work permit requirements, and full ownership rights.
What is BOI promotion?
Board of Investment and employment of record in Thailand
The BOI Promotion can help you legally hire foreign and local employees your company needs in Thailand. By taking advantage of the BOI, clients do not need to worry about major obstacles such as company incorporation, payroll and work permits and are free to focus on other areas of their business.
Learn About the ProcessWhy Should You Consider a BOI Promotion?
100% Foreign Ownership
Operate your business without the restrictions of the Foreign Business Act, with no requirement for Thai partners.
Tax Exemptions
Receive potential Corporate Income Tax exemptions of up to 13 years, with import duty reductions on machinery and raw materials.
Simplified Visas & Work Permits
No 4:1 Thai staff ratio or minimum capital requirements. Fast-track processing through TIESC instead of the immigration office.
Land Ownership
BOI companies can own up to 5 Rai of land for office use and 20 Rai for worker housing with proper capitalization.
Limited Investment
No need to set up a company, invest capital and hire local employees. Start with minimum 1 million THB investment.
Payroll & Tax Services
The BOI company will handle the payroll and compliance for the personal income tax of the employees.
Our BOI Application Process
Eligibility Assessment
We analyze your business model, investment plans, and activities to determine if you qualify for BOI promotion and which category offers the best benefits.
Application Preparation
Our team prepares all required documentation, business plans, financial projections, and supporting materials to build a compelling application.
Submission & Interview
We submit your application through the BOI e-Investment system and prepare you for the interview with presentation materials and coaching.
BOI Approval
Once approved, we coordinate the receipt of your BOI certificate and ensure all conditions and requirements are clearly understood.
Company Registration
We handle company incorporation, capital injection, shareholder registration, and all legal formalities required by the BOI.
Foreign Business Certificate
We prepare and submit your application for the Foreign Business Certificate, giving you legal authorization to operate.
Visas & Work Permits
We coordinate fast-track visa and work permit applications through the BOI One-Stop Service Center for you and your team.
Ongoing Compliance
We provide continuous support with BOI reporting, progress updates, audits, and compliance to maintain your promotion benefits.
Typical Timeline: 3-6 Months
From initial consultation to BOI certificate issuance. Digital services and software companies often see faster approvals (2-3 months).
Ready to Get Started?
Let our experts guide you through the BOI application process and secure your 100% foreign ownership in Thailand.
Frequently Asked Questions
Is my business really eligible for BOI promotion?
Here's the good news: the BOI isn't just for massive tech companies or billion-dollar manufacturers. The BOI promotes a wide variety of activities including manufacturing, agriculture, software, digital services, fintech, medtech, machinery, and even e-commerce platforms.
Can I really own 100% of my company as a foreigner?
Yes, absolutely! With BOI approval, you can own 100% of your business in most promoted sectors, giving you complete control without needing Thai nominees or partners.
What's the minimum investment I need to qualify?
The standard minimum is 1 million THB (around $28,000 USD) excluding land and working capital. High-tech businesses can sometimes qualify with as little as 500,000 THB.
How long does the BOI application process take?
With proper preparation, expect 3-6 months from application submission to final approval. Digital services and software companies often see faster approvals (2-3 months).
What kind of tax benefits will I get?
You could receive Corporate Income Tax exemptions for up to 8 years, and up to 13 years for high-priority activities. Import duty exemptions on machinery and raw materials are also available.
Do I need to hire 4 Thai employees for every foreign employee?
No! BOI companies are exempt from the standard 4:1 ratio. However, manufacturing companies with 100+ employees must ensure 70% Thai workforce as of 2025.
Can my BOI company own land in Thailand?
Yes, with limits. BOI companies can own up to 5 rai for office use and 20 rai for worker housing, with 50 million THB minimum paid-up capital.
Are visas and work permits really easier?
Much easier! BOI companies use the One-Stop Service Center (TIESC), processing applications in 4 hours instead of weeks.
What's the minimum salary for foreign employees?
As of 2025, executive-level: 150,000 THB/month minimum. Specialist-level: 50,000 THB/month minimum.
Do I need a lawyer for BOI application?
While not legally required, it's highly recommended. The process involves complex documentation and navigating Thai bureaucracy. Experienced consultants significantly increase approval chances.
