{"id":12617,"date":"2024-02-09T12:30:07","date_gmt":"2024-02-09T05:30:07","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=12617"},"modified":"2025-01-29T10:40:01","modified_gmt":"2025-01-29T03:40:01","slug":"how-to-start-a-manufacturing-company","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/demarrer-une-entreprise-de-fabrication\/","title":{"rendered":"Comment cr\u00e9er une entreprise de manufacture en Tha\u00eflande"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a>\u00a0\u203a\u203a <\/span>How to Start a Manufacturing Company in Thailand<\/div>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-2  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12617'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-4  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>incorporation<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>How to Start a Manufacturing Company in Thailand<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscyalj7-2ad25b68643e9517389c1de031001cff'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">07\/02\/2024<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thailand has become an attractive destination for foreign investors looking to start a manufacturing company. With its growing industrial sector and favourable business environment supported by the <a href=\"https:\/\/belaws.com\/thailand\/boi-business-activities\/\">BOI<\/a> and IEAT, Thailand offers attractive opportunities for growth and success in the manufacturing industry.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this blog post, we will take a look at the process of starting a manufacturing company in Thailand, including the key requirements, benefits, and considerations.<\/span><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-10  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-642818bd83ed96f0e3116084a8cc7d26\">\n.avia-image-container.av-kscy8en7-642818bd83ed96f0e3116084a8cc7d26 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-642818bd83ed96f0e3116084a8cc7d26 av-styling- avia-align-center  avia-builder-el-11  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-12620 avia-img-lazy-loading-not-12620 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/02\/How-to-Start-a-Manufacturing-Company-in-Thailand-1-1-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-12  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12617'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-13  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-14  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: left;\">Key points<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Thailand generally imposes restrictions on 100% foreign ownership in certain industries, including manufacturing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A Foreign Business Certificate, BOI promotion, or IEAT support allows for <a href=\"https:\/\/belaws.com\/thailand\/foreign-business-ownership\/\">100% foreign ownership<\/a>.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Applying for a BOI promotion provides special benefits including 100% foreign ownership and the ability to undertake restricted business activities and the ability to hire foreign specialists.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Specific sectors eligible for BOI promotion, including automotive, chemicals, pharmaceuticals, and more.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The IEAT also offers significant benefits for manufacturing companies including; 100% foreign ownership and ownership of land within IEAT zones, permission to hire qualified foreign individuals, no import\/export conditions within IEAT zones.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What is the best company structure for a Manufacturing Company?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-ba2bc652f51fc02aca7b4faa3ec86cd2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">A limited company is the preferred choice for many foreign investors who wish to start a business in Thailand. A<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/register-limited-company\/\"> limited company<\/a> has directors and shareholders (Thai and foreign) and offers limited liability to its shareholders. Limited liability means that shareholders can only lose the capital they have invested in the company, providing them with a high level of security and protection.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-893pgz-417cf0891102d15fa8bff673921feb47\">\n#top .hr.hr-invisible.av-893pgz-417cf0891102d15fa8bff673921feb47{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-893pgz-417cf0891102d15fa8bff673921feb47 hr-invisible  avia-builder-el-18  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Requirements for Setting up a Private Limited Company in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lodoxqvz-6a45f69df973eb89afb9398d18b23e8a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">To start a private limited company in Thailand, you will need:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2 shareholders<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One or more directors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">50,000 THB minimum capital (2M THB if you want to hire a foreign employee) &#8211; but a significant investment is required if you apply for BOI based on the financial projections on 3 year plans.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A registered corporate address in Thailand<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The shareholders must be individuals for the company registration process. Once registered, the shares can be transferred to corporate shareholders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The directors must be individuals. It is not possible to have corporate directors in Thailand.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1cfogko-e802215efdd73613f67bec6806be8cb4\">\n#top .hr.hr-invisible.av-1cfogko-e802215efdd73613f67bec6806be8cb4{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1cfogko-e802215efdd73613f67bec6806be8cb4 hr-invisible  avia-builder-el-21  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lozgpgev-c171e50055dbc39a9649c2fd8cf66b31'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Can Manufacturing Companies be 100% Foreign Owned?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lozgpwen-b00af22c4a86c23054ddf570972e2a1a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Thailand offers many significant advantages for foreign owned companies to set up their business here. Promotions from the Board of Investment (BOI) and <a href=\"https:\/\/www.ieat.go.th\/en\" target=\"_blank\" rel=\"noopener\">Industrial Estate Authority Thailand<\/a> (IEAT) provide benefits and advantages many other companies are not eligible for.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The schemes from the BOI and IEAT have been well received and Thailand has seen many 100% foreign owned companies start a manufacturing company. There has also been a very noticeable influx of companies who used to produce goods in China moving their business\u00a0 to Thailand for <a href=\"https:\/\/belaws.com\/thailand\/personal-income-tax-calculator\/\">tax<\/a> purposes. Such businesses are taking advantage of and greatly appreciate the incentives and benefits offered, the skilled staff, the well established legal framework, environment and social conditions Thailand has to offer.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1czbrsr-d598b88d5f002a01391418d27c7c5fad\">\n#top .hr.hr-invisible.av-1czbrsr-d598b88d5f002a01391418d27c7c5fad{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1czbrsr-d598b88d5f002a01391418d27c7c5fad hr-invisible  avia-builder-el-24  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-ii667v-5f2f11fc50a6f81f54d20d1bd4c55ff4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the BOI Promotions for manufacturing?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lrfrt1aj-fb73e0b2201ff7d1cccaff6a8358fd3c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Applying for a Board of Investment (BOI) promotion in Thailand is a strategic move for foreigners looking to establish a business in the country. Companies approved for a BOI promotion can take advantage of a range of special incentives and benefits to help their businesses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key advantages of a company obtaining a BOI promotion are as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% foreign ownership of a company<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ability to undertake restricted business activities<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Freedom to hire foreign skilled experts<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Streamlined visa and work permit Applications<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For more information about the benefits of a BOI promotion, please see our blog post here.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3lhlwur-c660b59169b16389d1350ca64501fdde\">\n#top .hr.hr-invisible.av-3lhlwur-c660b59169b16389d1350ca64501fdde{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3lhlwur-c660b59169b16389d1350ca64501fdde hr-invisible  avia-builder-el-27  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-ls8fpyoi-f621fd409442e9b7962a88760f856200'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Are Manufacturing Promotions Eligible For Tax Benefits?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Another significant advantage to receiving a promotion from the BOI is the possibility of receiving tax benefits and\/or Import Duty Exemptions or reductions. Manufacturing projects may be eligible for the following tax benefits:<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsbmiv3p-b5d2923dd9f16390ccd2d3ba56de9fa7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Corporate Income Tax Exemption<\/b><\/p>\n<h3><\/h3>\n<p><span style=\"font-weight: 400;\">Eligible projects may receive corporate income tax exemptions for a specified period, depending on the industry and location.<\/span><\/p>\n<h3><\/h3>\n<p><b>Reduction of Corporate Income Tax Rates<\/b><\/p>\n<h3><\/h3>\n<p><span style=\"font-weight: 400;\">After the tax exemption period expires, the BOI may grant a reduced corporate income tax rate for a certain duration.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2i88zw3-a3f3df2d85648c4e02da6ea8cd018f88\">\n#top .hr.hr-invisible.av-2i88zw3-a3f3df2d85648c4e02da6ea8cd018f88{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2i88zw3-a3f3df2d85648c4e02da6ea8cd018f88 hr-invisible  avia-builder-el-30  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-vukuhe-0c999401f72a29dbb0aece40c2e511cd'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>Import Duty Exemption or Reductions<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Eligible projects may receive corporate import duty exemptions for a specified period, depending on the industry and location.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1qoaoyx-7ab8258d2b1cc188c6dc667ee64f3eab\">\n#top .hr.hr-invisible.av-1qoaoyx-7ab8258d2b1cc188c6dc667ee64f3eab{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1qoaoyx-7ab8258d2b1cc188c6dc667ee64f3eab hr-invisible  avia-builder-el-32  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsbmkir2-9eec7700112dc9a3d8c2fa5bc83c0665'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Import Duty Exemption<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Projects may enjoy exemptions on import duties for machinery, raw materials, and essential items.<\/span><\/p>\n<p><b>Reduction of Import Duties<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In some cases, the BOI may offer a reduction in import duties on specific items related to the project.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is important to note, that while the BO offers a range of tax privileges to manufacturing businesses, these benefits are not available to all manufacturing companies and are awarded at the discretion of the BOI.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5rlbmcy-e014ba4fae75e31569720592920eadfd\">\n#top .hr.hr-invisible.av-5rlbmcy-e014ba4fae75e31569720592920eadfd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5rlbmcy-e014ba4fae75e31569720592920eadfd hr-invisible  avia-builder-el-34  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-ls8fqexr-3f229af6e2740153aeabcb270705ed58'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What Type of Manufacturing Projects are Eligible For a BOI Promotion?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ls8fqqog-310444d524fb7e53e5e3295af56e9fdf'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Manufacturing projects that undertake the following business activities may be eligible for a BOI promotion:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Metal (preferably steel and iron)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Battery for electric vehicles (BEV), Plug-In hybrid electric vehicles (PHEV), hybrid electric vehicles (HEV), and BEV platforms<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Modified Starch or Starch from plants<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Glass &amp; Ceramic<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manufacture and\/or repair of rolling stocks, parts, or equipment for rail systems<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Organic Food with health and novel benefits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Functional fabric or yarn, other fabric or yarn, garments, and household textile<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manufacture and\/or repair of vehicles and weapon systems for national defense<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bioplastics, biochemicals, and products to develop biotechnology implementation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bags or shoes or products made of leather or artificial leather<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manufacture and\/or repair of unmanned systems for national defense and parts used in the manufacture and\/or repair<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Medical and Pharmaceutical products and devices<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Toys and Sports Equipment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manufacture and\/or repair of weapons and exercise-facilitating equipment for national defense and parts<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Targeted core technology development for the materials industry<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automobile Parts &amp; Machinery<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manufacture and\/or repair of combat-facilitating equipment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Gems and jewellery or parts including raw materials and prototype<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Chemicals or Chemical Products for Industry<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prospecting of minerals, mining, mineral dressing, mineral smelting, metallurgy operations of targeted potential minerals<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Furniture or parts<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Industrial Development Projects<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pulp and paper and\/or products out of it<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-woven fabric or hygienic products from non-woven fabric, Medical devices, Active pharmaceutical ingredients and Medicines<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">These sectors receive focused attention from BOI Thailand concerning tax and non-tax privileges. If your proposed business falls within any of these categories, consider exploring our articles for insights into starting a manufacturing business in Thailand.<\/span><\/li>\n<\/ol>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-n72ur7-efd17d89e6eb5280a33e8726d14ce0d1\">\n#top .hr.hr-invisible.av-n72ur7-efd17d89e6eb5280a33e8726d14ce0d1{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-n72ur7-efd17d89e6eb5280a33e8726d14ce0d1 hr-invisible  avia-builder-el-37  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-so36tv-d899e479f9fc52a7f264fddabfc17b76'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What is the Project Approval Criteria for BOI Promotions in Manufacturing?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ls8frqrv-d6e6029faf8fc611ff8bb9efeb6b8ff4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">To be eligible for BOI promotions, businesses must meet specific criteria:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The project should add value and increase competitiveness in Thailand&#8217;s agricultural, industrial, and service sectors.Typically, the BOI will require eligible promotions to have the potential to increase industry employment by at least 20%, with a 10% employment addition for manufacturing units in electronics and metal components.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Implement and use modern production machinery, including second hand machinery.<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Second hand machinery may still qualify for corporate tax exemptions, but import tax duties are not waived for second hand machines.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Second hand machines must be under five years old, with certification from a reputable institution.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Machinery that is between five to ten years old may be eligible for the corporate income tax exemption if the applying company is relocating their facility to Thailand. Import duties will apply, but the BOI board will recognize 50% of its value as part of the capital investment.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5flbhte-a09ef283adf6e4f47ad85a47f8ded504\">\n#top .hr.hr-invisible.av-5flbhte-a09ef283adf6e4f47ad85a47f8ded504{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5flbhte-a09ef283adf6e4f47ad85a47f8ded504 hr-invisible  avia-builder-el-40  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsa36718-fca304b07f5ef1883342b6ea96d85255'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Minimum Capital Requirement and Product Feasibility Requirements for a BOI Promotion for Manufacturing?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsa36hay-30e616efb9aa8791a5a76dc92a83fa14'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">For BOI approval, manufacturing companies must:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allocate a minimum investment of at least 1 million THB per project. This does not include purchasing land and any working capital expenses, unless otherwise stipulated by the BOI.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintain a debt-to-equity ratio below 3:1 for the initial phase of the project.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A comprehensive feasibility study report for projects exceeding 750 million THB is required. Purchasing land and working capital expenses can not be included.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3xtkuoi-6130b490ab073e4c234fc074b08a13d8\">\n#top .hr.hr-invisible.av-3xtkuoi-6130b490ab073e4c234fc074b08a13d8{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3xtkuoi-6130b490ab073e4c234fc074b08a13d8 hr-invisible  avia-builder-el-43  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsa38egz-25b14ecee295cb5bda1525a8a1adc027'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What is the Industrial Estate Authority in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsa38y4i-ad7bf2cf0ffa62bdd3430250825fd169'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The Industrial Estate Authority of Thailand functions as a state enterprise under the jurisdiction of the Ministry of Industry in Thailand. Its primary objective is the development and effective management of industrial estates and ports, transforming them into strategic production and service hubs equipped with essential infrastructure and facilities. The aim of the IEAT is to offer entrepreneurs a competitive edge, all while ensuring a balance among economic, social, and environmental aspects of growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Essentially the IEAT is a comprehensive one-stop service center (OSS) designed to streamline the entire business process for manufacturing companies. This includes facilitating the acquisition of land, whether through purchase or lease, and supporting the establishment of businesses within designated free zones.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-839itu-24aef586fbfad60612442789553fa445\">\n#top .hr.hr-invisible.av-839itu-24aef586fbfad60612442789553fa445{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-839itu-24aef586fbfad60612442789553fa445 hr-invisible  avia-builder-el-46  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsbn13dh-46660344ac9a645c85ffa495b5b00ba6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What Types of Industrial Estates does the IEAT Offer?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsbn1f25-8a95224ca90a935c75d3f3069763e820'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The Industrial Estate Authority of Thailand (IEAT) has established two types of industrial estates in the country.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-15eeodl-213ae79a00140394e2b323d3b36f75bd\">\n#top .hr.hr-invisible.av-15eeodl-213ae79a00140394e2b323d3b36f75bd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-15eeodl-213ae79a00140394e2b323d3b36f75bd hr-invisible  avia-builder-el-49  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsbn1wer-502bbc11e3258edde2e200ff89b89fe2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>General Industrial Zone (GIZ)<\/strong><\/h3>\n<p>The GIZ is an area designated for various industrial, service, or related business activities. Within the GIZ, the IEAT offers essential services, including transportation, training centers, and permission to own the land needed for operations.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-t70rxl-4c0f721b0d8753681996f42900f816e6\">\n#top .hr.hr-invisible.av-t70rxl-4c0f721b0d8753681996f42900f816e6{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-t70rxl-4c0f721b0d8753681996f42900f816e6 hr-invisible  avia-builder-el-51  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsbn2gcg-c2c27670ed3a1b74609f0f4a7234a42f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>Free-Trade Zones<\/strong><\/h3>\n<p>In the IEAT Free Zone, operators enjoy the freedom to import merchandise or raw materials and export products without restrictions. Tax and duty relief are applicable to products made for domestic use taken out of the Free Zone, as well as domestically produced raw material components.<\/p>\n<p>Businesses within the IEAT Free Zone can import materials for production, trade, or services without limitations on quantity or value. Import permits\/licenses are not required for supplies or raw materials brought into the zone, and they are exempt from standard quality control requirements typically imposed on imports to Thailand. This creates a favorable environment for businesses operating within these Free Zones.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ufskmh-00def29d762d113d61ea1feed55afe48\">\n#top .hr.hr-invisible.av-ufskmh-00def29d762d113d61ea1feed55afe48{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-ufskmh-00def29d762d113d61ea1feed55afe48 hr-invisible  avia-builder-el-53  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lsa3972b-ed6e7beb62fba7890e1679b937084c29'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><b>What are Advantages of the Industrial Estate Authority in Thailand?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The Industrial Estate Authority of Thailand extends a range of benefits, encompassing both tax and non-tax incentives, to eligible companies.\u00a0<\/span><\/p>\n<p><b>100% Foreign Ownership: <\/b><span style=\"font-weight: 400;\">Companies who are eligible to operate within an Industrial Estate Authority of Thailand zone are eligible for 100% foreign ownership of their business.\u00a0<\/span><\/p>\n<p><b>Ownership of Land: <\/b><span style=\"font-weight: 400;\">Foreign business owners may purchase and own land within the IEAT zones.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Permission of stay for Foreigners: The IEAT allows companies operating within their zones to hire qualified foreign individuals, for roles including,\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">directors,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">presidents,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">finance and administration personnel,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">executive assistants,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">factory assistants,\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">marketing,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">export, and\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">sales professionals.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsbmwkae-e9e03b60ecfec0d2f7fe6ab886c859fa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>No Import\/Export Conditions: <\/b><span style=\"font-weight: 400;\">Within IEAT zones, no import and export conditions are imposed in alignment with the obligations outlined by the World Trade Organization (WTO). Means goods and raw materials can be imported free from tax and duty.<\/span><\/p>\n<h3><\/h3>\n<p><b>High Standard Infrastructure and Maintenance:<\/b><span style=\"font-weight: 400;\"> IEAT prioritizes maintaining a high standard of infrastructure and maintenance within industrial estates, ensuring a conducive environment for manufacturing operations.<\/span><\/p>\n<h3><\/h3>\n<p><b>Continuity as an Industrial Estate:<\/b><span style=\"font-weight: 400;\"> Industrial estates under the supervision of IEAT are guaranteed to remain as dedicated industrial areas, providing long-term stability and support for businesses.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsbmwr4k-99ed36b4e31c3bff6b2a1a3fbddbdde4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><b>Exemption from Environmental Impact Assessment:<\/b><span style=\"font-weight: 400;\"> Unlike factories located outside industrial estates, those within industrial estates are exempted from conducting an Environmental Impact Assessment (EIA).<\/span><\/p>\n<p><b>Strategic Location and Privileges: <\/b><span style=\"font-weight: 400;\">Industrial estate lands may be more expensive than non-industrial estate lands, but the additional cost reflects the advantages enjoyed by factories located within industrial estates, such as proximity to transportation networks and access to utilities.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-12xedea-fff95e74116366c01c43e3e2f5874c0c\">\n#top .hr.hr-invisible.av-12xedea-fff95e74116366c01c43e3e2f5874c0c{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-12xedea-fff95e74116366c01c43e3e2f5874c0c hr-invisible  avia-builder-el-57  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-29e836-af8ded3d4545f2e57d4dd69dd1cbbc82'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can Belaws help?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsa39w9h-c5a81c09d1787c406714d9a682f90c78'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about starting a manufacturing company in Thailand, why not talk to one of our experts now?<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-60  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2rocsm-ad93c683973fd17f09fcd73d6f5e78e0 avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about how our experts can help with your accounting and secretary needs, please click\u00a0<a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-63  el_after_av_textblock  el_before_av_hr  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this post<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link av-social-link-facebook' 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radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/calendly.com\/belaws\/legalthailand?utm_source=belaws&amp;utm_medium=website&amp;utm_content=thailand-immediate-consultation&amp;month=2022-09\" class=\"avia_image\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class='wp-image-6668 avia-img-lazy-loading-not-6668 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png\" alt='Immediate Consultation' title='Immediate Consultation'  height=\"242\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-705x570.png 705w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-69  el_after_av_image  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-70  el_after_av_hr  el_before_av_hr  bouton-cta' ><a href=\"https:\/\/belaws.com\/thailand\/immediate-consultation-calendly-link\/\" class=\"avia-button av-j4oxcr-982f2f654e6006a9abbe87f67b0e2adb avia-icon_select-yes-right-icon avia-size-large avia-position-center avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Book now<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue871' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50\">\n#top .hr.hr-invisible.av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50 hr-invisible  avia-builder-el-71  el_after_av_button  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-73  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69\">\n.avia-section.av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-79  el_after_av_section  el_before_av_one_full  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12617'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641\">\n#top .hr.hr-invisible.av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641 hr-invisible  avia-builder-el-80  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">Frequently asked questions<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-82  el_after_av_textblock  el_before_av_toggle_container  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='togglecontainer av-lse7h2mf-1de9729ed1ca89533db2adf47afde3bb  avia-builder-el-83  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-lse7f5pj-ae16b5ba83c4c4557328b2bcea4ed411'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>How do I start a manufacturing company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>To start a manufacturing company in Thailand, you need to incorporate a limited company, fulfill certain requirements including having at least 2 shareholders, one or more directors, a minimum capital, and a <a href=\"https:\/\/belaws.com\/thailand\/company-registered-address\/\">registered corporate address<\/a> in Thailand. Additionally, you can explore options for obtaining <a href=\"https:\/\/vbapartners.com\/boi-company\/\" target=\"_blank\" rel=\"noopener\">BOI promotion<\/a> or support from IEAT for benefits such as 100% foreign ownership.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7fhda-8682cb6bd2d481c3c020bc03c8ed59b0'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>Can manufacturing companies be 100% foreign-owned in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, Thailand offers opportunities for 100% foreign ownership in manufacturing through schemes such as BOI promotion and support from IEAT.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7fpll-2ebb76dc78d935e5e6f43b9686ec2bc5'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>What are the benefits of obtaining a BOI promotion for manufacturing?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Companies approved for BOI promotion can enjoy benefits such as 100% foreign ownership, undertaking restricted business activities, hiring foreign skilled experts, and streamlined visa and work permit applications.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7fz5o-e70c3bace9730d4626ca5029366ca355'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>What tax benefits are available for manufacturing projects in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Manufacturing projects may be eligible for tax benefits including corporate income tax exemption, reduction of corporate income tax rates, import duty exemptions, or reductions, depending on the industry and location, subject to BOI approval.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7g7oj-970427576f937c0e7cda43a892941741'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-5'> What types of manufacturing projects are eligible for BOI promotion?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Various manufacturing sectors are eligible for BOI promotion, including automotive, chemicals, pharmaceuticals, medical devices, electronics, and more. Specific criteria must be met for eligibility.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7ggfs-6b95911684285295da3983ee622e1a0e'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>What is the Industrial Estate Authority of Thailand (IEAT)?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The IEAT is a state enterprise responsible for developing and managing industrial estates and ports in Thailand. It offers benefits such as 100% foreign ownership, ownership of land within IEAT zones, permission to hire qualified foreign individuals, and no import\/export conditions within IEAT zones.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7gpgk-29dceaebe9eeccf4b5f1d7f5a8e8666e'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-7'> What are the advantages of operating within an Industrial Estate Authority zone?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Advantages include 100% foreign ownership, ownership of land within IEAT zones, permission to hire qualified foreign individuals, no import\/export conditions within IEAT zones, high-standard infrastructure and maintenance, exemption from Environmental Impact Assessment, and strategic location privileges.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lse7h0b1-d15b3d470fb2ded928392269c5c4101c'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>How can Belaws help with starting a manufacturing company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Belaws can assist with legal and administrative processes involved in starting a manufacturing company in Thailand, including company incorporation, obtaining BOI promotion, navigating regulatory requirements, and more.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-12617'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-84  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-b970494e7d673ea8fb9b1618f33acb9e noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/fr\/decreased-tax-rates-in-thailand\/\" id=\"av-masonry-1-item-7761\" data-av-masonry-item=\"7761\" class=\"av-masonry-entry isotope-item post-7761 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-tax  av-masonry-item-with-image\" title=\"Decreased Tax Rates for Foreign Professionals\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7762 avia-img-lazy-loading-not-7762\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-705x570.png\" title=\"Decreased Tax Rates for Foreign Professionals\" alt=\"Decreased Tax Rates for Foreign Professionals\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/Decreased-Tax-Rates-for-Foreign-Professionals.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Decreased Tax Rates for Foreign Professionals<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >29\/06\/2022<br \/>\r\nIn May 2022, the Royal Decree No. 743 B.E. 2565 (2022) issued under the Revenue Code announced decreased tax rates for foreign professionals.<\/div><span class='av-masonry-date meta-color updated'>juin 29, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/tax-avoidance-thailand-to-work-with-the-oecd\/\" id=\"av-masonry-1-item-7788\" data-av-masonry-item=\"7788\" class=\"av-masonry-entry isotope-item post-7788 post type-post status-publish format-standard has-post-thumbnail hentry category-legal tag-tax  av-masonry-item-with-image\" title=\"Thailand to work with the OECD to tackle international tax avoidance\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-7791 avia-img-lazy-loading-not-7791\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-705x570.png\" title=\"Thailand to work with the OECD to tackle international tax avoidance\" alt=\"Thailand to work with the OECD to tackle international tax avoidance\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/MLI.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Thailand to work with the OECD to tackle international tax avoidance<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >30\/06\/2022<br \/>\r\nAs part of their responsibilities as a signatory the OECDs project to tackle international tax avoidance, Thailand has ratified the MLI.<\/div><span class='av-masonry-date meta-color updated'>juillet 1, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/income-tax-exemptions\/\" id=\"av-masonry-1-item-8422\" data-av-masonry-item=\"8422\" class=\"av-masonry-entry isotope-item post-8422 post type-post status-publish format-standard has-post-thumbnail hentry category-legal category-corporate category-incorporation tag-accounting-and-secretary tag-tax tag-thailand  av-masonry-item-with-image\" title=\"Income tax exemptions on offer for investment in target companies\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-8423 avia-img-lazy-loading-not-8423\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-705x570.png\" title=\"Income tax exemptions on offer for investment in target companies\" alt=\"Income tax exemptions on offer for investment in target companies\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/09\/Income-tax-exemptions-on-offer-for-investment-in-target-companies.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Income tax exemptions on offer for investment in target companies<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >01\/09\/2022<br \/>\r\nIncome Tax exemptions have been made available to those who invest in targeted industries and companies.<\/div><span class='av-masonry-date meta-color updated'>septembre 1, 2022<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par jonathan<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mw4lq3-4d1f7b909685b16735a77d3969f438e4\">\n#top .hr.hr-invisible.av-mw4lq3-4d1f7b909685b16735a77d3969f438e4{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-mw4lq3-4d1f7b909685b16735a77d3969f438e4 hr-invisible  avia-builder-el-87  el_after_av_masonry_entries  el_before_av_hr  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120\">\n#top .hr.hr-invisible.av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-2t7ggu-2a4c1573616b55e3f23896ce5c09b120 hr-invisible  avia-builder-el-88  el_after_av_hr  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l94jsj-fece82020c76855b981a9880bf2eccd9\">\n.avia-section.av-l94jsj-fece82020c76855b981a9880bf2eccd9{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_4'  class='avia-section av-l94jsj-fece82020c76855b981a9880bf2eccd9 main_color avia-section-default avia-no-border-styling  avia-builder-el-89  el_after_av_one_full  el_before_av_postcontent  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div 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=\"color:white;font-size:12px\">Belaws 2017 - 2025. \r\n<br>Belaws provides information and software only. Belaws is not a \"lawyer referral service\" and does not provide legal service or participate in any legal representation.\r\n<br>Belaws is not a law firm or a substitute for an attorney or a law firm. The use of Belaws is subject to our Terms of Use.<\/span>\r\n[\/av_codeblock]\r\n\r\n[\/av_one_full]\r\n[\/av_section]\r\n\r\n\n","protected":false},"excerpt":{"rendered":"<p>07\/02\/2024<br \/>\nIn this blog post, we will take a look at the process of starting a manufacturing company in 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