{"id":7528,"date":"2022-06-21T10:45:13","date_gmt":"2022-06-21T03:45:13","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=7528"},"modified":"2025-02-06T16:28:37","modified_gmt":"2025-02-06T09:28:37","slug":"boi-thailand-approves-new-investment-schemes","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/boi-thailand-approves-new-investment-schemes\/","title":{"rendered":"Le BOI approuve de nouveaux programmes d'investissement en Tha\u00eflande"},"content":{"rendered":"<div id='breadcrumb_section'  class='avia-section av-ksd0xiy5-8d7aad9d55850bb423a0559dd08c567f main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  sticky avia-bg-style-scroll av-minimum-height av-minimum-height-custom  container_wrap sidebar_right'  ><div class='container av-section-cont-open' style='height:20px'><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-7528'><div class='entry-content-wrapper clearfix'>\n<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><\/span> \u203a\u203a BOI Thailand approves new investment schemes in Thailand<\/div>\n<\/div><\/section>\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><div id='av_section_2'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-3  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-7528'><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-4  el_before_av_two_fifth  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_two_fifth  avia-builder-el-5  el_after_av_hr  el_before_av_three_fifth  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>news<\/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>BOI approves new investment schemes 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-8  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>21\/06\/2022<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-2zqaz1-369fb0ba1489cbdb94ecba17cdedff51'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>On June 13th, the Thailand Board of Investment (BOI Thailand ) held a meeting which approved a total of 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects.<\/p>\n<p>The BOI also approved a new set of incentives and measures which we will explore further in this article.<\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_three_fifth  avia-builder-el-11  el_after_av_two_fifth  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-kscy8en7-61ab6984b19e45702663eb507872f664\">\n.avia-image-container.av-kscy8en7-61ab6984b19e45702663eb507872f664 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-61ab6984b19e45702663eb507872f664 av-styling- avia-align-center  avia-builder-el-12  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-7531 avia-img-lazy-loading-not-7531 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment.png\" alt='boi visa &amp; work permit thailand BOI approves new investment schemes in Thailand' title='boi visa &amp; work permit thailand BOI approves new investment schemes in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/06\/BOI-Investment-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div>\n\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-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-13  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-7528'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-14  el_before_av_one_third  avia-builder-el-first  first av-break-at-tablet flex_column_div '   ><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 BOI Thailand ?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l0huk884-5e012d1f935688a6acc77142807b8462'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Thailand\u2019s Board of Investment is a special government agency who focuses on promoting foreign investment within Thailand. A BOI promotion removes many of the barriers to doing business in Thailand, such as the restrictions of the Foreign Business Act.<\/p>\n<p>More information on the Foreign Business Act can be found <a href=\"https:\/\/belaws.com\/thailand\/foreign-business-act-in-thailand\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4dms3qo-633507f5ba7296d16d4a6bdc29bbf37a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Furthermore, the BOI also provides qualifying projects with a series of impressive incentives such as:<\/p>\n<ul>\n<li>Tax benefits such as income tax exemptions for a fixed period.<\/li>\n<li>100% foreign ownership of a company.<\/li>\n<li>Reduced requirements for supporting work permits i.e. no quotas for hiring foreigners<\/li>\n<li>The ability to own land.<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2jj305-8438facf165d88b85e127060910d7fd2\">\n#top .hr.hr-invisible.av-2jj305-8438facf165d88b85e127060910d7fd2{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2jj305-8438facf165d88b85e127060910d7fd2 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-kzc8896i-641992727c615007373775a5b9cae137'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What incentives were passed during the meeting?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4nlz54j-150afe8b0e8ce4ffb9968d9ebe5bf1a0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Smart Industrial Estate Incentives<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kzf5nvgh-d26d9028fa14f7696218f7f315aecef7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The BOI approved 2 packages relating to Smart Industrial Estates. The first package is for the promotion of investment in smart industrial estates\/zones, and the second package relates to projects who are interested in upgrading the existing general industrial estates\/zones.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4dmx87k-99e473bd0210aa2534efc10fb2e4e16c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>To qualify and apply for either package of incentives, the projects must provide intelligent system services to their customers in five key areas:<\/p>\n<ul>\n<li>Smart Facilities,<\/li>\n<li>Smart IT,<\/li>\n<li>Smart Energy,<\/li>\n<li>Smart Economy,<\/li>\n<li>and at least one of the following three intelligent system services; Smart Good Corporate Governance, Smart Living, and Smart Workforce.<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4nm0nrz-7ccb5fab8d80bc7b4d909771a306f9bb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Additionally, Investment promotion benefits will now also include any investments made in the development of smart systems for use in industrial estates and zones.<\/p>\n<p>Approved projects who satisfy the above criteria will be granted an 8-year corporate income tax exemption. Furthermore, any qualifying projects who are located in the country&#8217;s Eastern Economic Corridor (EEC) area, will enjoy a 50 percent corporate income tax reduction for a further 5 years.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4nm0s7f-82202286943b6e1f147f2e3c27cd3768'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Please note, investments in smart industrial estates and zones require at least 51 percent Thai shareholders in order to qualify for the benefits, however, there are no ownership restrictions for investments in the development of smart systems.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l4nm6w6s-dd08f44ee4465207ff3d56352d59c2dd\">\n#top .hr.hr-invisible.av-l4nm6w6s-dd08f44ee4465207ff3d56352d59c2dd{\nheight:5px;\n}\n<\/style>\n<div  class='hr av-l4nm6w6s-dd08f44ee4465207ff3d56352d59c2dd hr-invisible  avia-builder-el-25  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-l4nm16x2-4a776203a243c88cf6dacf3e13b324f1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Facilitation of Land Ownership for Foreign Juristic Persons<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4nm1qu9-6394fae2bf6522681d29e8bdf94c4f26'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The BOI also approved a measure allowing BOI promoted foreign juristic persons with registered and paid-up capital of no less than 50 million baht to own land.<\/p>\n<p>Any land owned by such juristic persons must be used to set up the offices and residential quarters for executives and foreign experts.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-212g4t-e4bb02348d89ec8decdcd2c2e3f05b01\">\n#top .hr.hr-invisible.av-212g4t-e4bb02348d89ec8decdcd2c2e3f05b01{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-212g4t-e4bb02348d89ec8decdcd2c2e3f05b01 hr-invisible  avia-builder-el-28  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-kzm67b1a-21fb519746f09bd2a842cd536a0e5f12'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What investments were made by the BOI in the meeting?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kz3ijvlt-fad395277747ea0d37394e6df0d77409'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>During the meeting, the BOI approved nearly 210 Billion THB worth of investment. Out of this sum, 36.1 Billion THB was awarded to Horizon Plus Co., Ltd., a joint venture between Taiwan&#8217;s Foxconn and Thailand&#8217;s PTT PCL. This venture received the investment in order to make battery electric vehicles (BEV).<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-l4doz2ah-b02f2328d3f77c87a429168a1d8c416c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>This is in line with Thailand\u2019s plans to become a leading hub in the development of BEVs. For more information relating to the enhanced investment incentives on offer from the BOI for Electric Vehicle production, <a href=\"https:\/\/belaws.com\/thailand\/ev-investment-incentives-thailand\/\" target=\"_blank\" rel=\"noopener\">please check out our article here.<\/a><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-e12zid-d22067e9a092c14eba134a63127ae230\">\n#top .hr.hr-invisible.av-e12zid-d22067e9a092c14eba134a63127ae230{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-e12zid-d22067e9a092c14eba134a63127ae230 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-kwocfmx6-cbc7c47aa41f519580a6ad569503a81b'  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-kzc912sg-6311f1fae01c564ef56a22e851bd0979'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want more information about how our experts can assist you with the process for applying for a BOI Promotion, please <a href=\"https:\/\/belaws.com\/thailand\/incorporation\/boi-company-in-thailand\/\" target=\"_blank\" rel=\"noopener\">click here<\/a>. Alternatively, you can <a href=\"https:\/\/calendly.com\/belaws\/legalthailand?month=2022-04\" target=\"_blank\" rel=\"noopener\">book a consultation<\/a> with one of our experts to discuss everything you need at your convenience.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kwblafeu-fa8abdc7a421e9b5fd2c4bc45ad5f636'  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-1wu320-33b9e3a253889c3c636b481477b0ec2a av-social-sharing-box-default  avia-builder-el-36  el_after_av_textblock  avia-builder-el-last  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 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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-43  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 1 hour and are conducted by our 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 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-45  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-12iwsd4-7f482010facb462510ebc948eb92d19b\">\n.avia-section.av-12iwsd4-7f482010facb462510ebc948eb92d19b{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='faq'  class='avia-section av-12iwsd4-7f482010facb462510ebc948eb92d19b main_color avia-section-default avia-no-border-styling  avia-builder-el-51  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-7528'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-119p4oo-0d147917849c08afb0784d4c1211a150\">\n#top .hr.hr-invisible.av-119p4oo-0d147917849c08afb0784d4c1211a150{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-119p4oo-0d147917849c08afb0784d4c1211a150 hr-invisible  avia-builder-el-52  el_before_av_one_full  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-3lsnoo-d4df36c9bc8fa829724b5f2db8bb279e av_one_full  avia-builder-el-53  el_after_av_hr  el_before_av_hr  first av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-xhmans-6446b5a2179ae699da3625da73f00901\">\n#top .hr.hr-invisible.av-xhmans-6446b5a2179ae699da3625da73f00901{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-xhmans-6446b5a2179ae699da3625da73f00901 hr-invisible  avia-builder-el-54  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><br \/>\n<section  class='av_textblock_section av-vrucxk-2da83eea651f0647ec31cc8fef22121a'  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><br \/>\n<div  class='togglecontainer av-uyd6rs-07185726cc4a36d3cae4d7f1f4ef0819  avia-builder-el-56  el_after_av_textblock  el_before_av_hr  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-sj8m3s-02d74dd35cbbef4d593d2d3167cdf069'  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'>What is BOI 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>Thailand\u2019s Board of Investment is a special government agency who focuses on promoting foreign investment within Thailand.<br \/>\nA BOI promotion removes many of the barriers to doing business in Thailand, such as the restrictions of the Foreign Business Act.<\/p>\n<p>The BOI also provides qualifying projects with a series of impressive incentives such as:<\/p>\n<ul>\n<li>&#8211; Tax benefits such as income tax exemptions for a fixed period.<\/li>\n<li>&#8211; 100% foreign ownership of a company.<\/li>\n<li>&#8211; Reduced requirements for supporting work permits i.e. no quotas for hiring foreigners<\/li>\n<li>&#8211; The ability to own land.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-qpmn8o-b469a0f621d89965dfaff4b0f94fd7aa'  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'>What is BOI Visa 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><span style=\"font-weight: 400;\">Foreigners who wish to either work, conduct business or undertake investment activities in Thailand are required to apply for the relevant visa and work permit. BOI promoted companies can support visa and work permits for foreign staff and are subject to less requirements than traditional Thai companies.<\/span><\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-q4fttk-92b24d0ff5a9db79f83d740fc67f9c37'  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 a BOI Licence?<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>Aside from specific tax incentives, the most benefits of a BOI promotion is the possibility for foreigners to hold up to 100% of the company&#8217;s shares, buy land and facilitation for visas and work permit:<\/p>\n<table id=\"t126\">\n<tbody>\n<tr>\n<td id=\"tcolonne1a\"><strong>TAX INCENTIVES<\/strong><\/p>\n<p>Tax privileges granted by the BOI varies depending on the category and the location of the project<\/td>\n<td id=\"tcolonne3\">\n<ul>\n<li>Corporate income tax exemption up to 9 years<\/li>\n<li>Exemption of reduction of import duties on machinery and raw materials<\/li>\n<li>Exemption of taxes on dividends<\/li>\n<li>Deductions from the costs of transportation, electricity and water supply<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td id=\"tcolonne1a\"><strong><strong>OTHER INCENTIVES<\/strong><\/strong><\/p>\n<p>Other incentives are granted to all BOI project<\/td>\n<td id=\"tcolonne3\">\n<ul>\n<li>Up to 100% foreign ownership<\/li>\n<li>One Stop Service Centre for Visas and Work Permits with relaxed criteria for foreign skilled employees<\/li>\n<li>Permission to own lands<\/li>\n<li>Permission to remit money abroad in foreign currency<\/li>\n<li>Protection against nationalization of the company<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-oaquxk-f088e4febe013ee671853710b016492b'  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'>BOI Company vs. Thai Limited Company<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>A BOI Company gets to enjoy a number of attractive benefits over a traditional Thai Limited Company but this comes with additional scrutiny from official authorities. The key differences are highlighted below:<\/p>\n<table id=\"t126\">\n<tbody>\n<tr>\n<td id=\"tcolonne1\"><\/td>\n<td id=\"tcolonne2\"><strong><span style=\"color: #2a8bc4;\">BOI COMPANY<\/span><\/strong><\/td>\n<td id=\"tcolonne3\"><strong>THAI LIMITED COMPANY<\/strong><\/td>\n<\/tr>\n<tr>\n<td id=\"tcolonne1\"><strong>Foreign ownership<\/strong><\/td>\n<td id=\"tcolonne2\">Up to 100%<\/td>\n<td id=\"tcolonne3\">Limited to less than 50% in most activities<\/td>\n<\/tr>\n<tr>\n<td id=\"tcolonne1\"><strong>Thai to foreign employee ratio<\/strong><\/td>\n<td id=\"tcolonne2\">No ratio for foreign skilled employees<\/td>\n<td id=\"tcolonne3\">4:1<\/td>\n<\/tr>\n<tr>\n<td id=\"tcolonne1\"><strong>Corporate income tax rate<\/strong><\/td>\n<td id=\"tcolonne2\">Up to 9 years exemption depending on the nature and location of the project<\/td>\n<td id=\"tcolonne3\">20%<\/td>\n<\/tr>\n<tr>\n<td id=\"tcolonne1\"><strong>Import of machinery<\/strong><\/td>\n<td id=\"tcolonne2\">No tax.<\/td>\n<td id=\"tcolonne3\">No specific restriction if more than 50% of the capital is held by Thais shareholders<\/td>\n<\/tr>\n<tr>\n<td id=\"tcolonne1\"><strong>Reporting and audits<\/strong><\/td>\n<td id=\"tcolonne2\">Regular updates and audit from the BOI Annual accounting audit<\/td>\n<td id=\"tcolonne3\">Annual accounting audit<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-mkj9xk-ec079afb1b1c85b8d3ea5dcaa6a08d61'  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 business activities are promoted by the BOI?<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\" ><ul>\n<li>Agriculture and Agricultural Products<\/li>\n<li>Mining, Ceramics and Basic Metals<\/li>\n<li>Light Industry<\/li>\n<li>Metal Products, Machinery and Transport Equipment<\/li>\n<li>Electronic Industry and Electric Appliances<\/li>\n<li>Chemicals, Paper and Plastics<\/li>\n<li>Services and Public Utilities<\/li>\n<li>Technology and Innovation Development<\/li>\n<\/ul>\n<p>For <strong>more information<\/strong> about the Promoted activities, please <a href=\"https:\/\/www.boi.go.th\/index.php?page=eligible_activities\" target=\"_blank\" rel=\"noopener\">visit here<\/a><\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-kxd7u0-16a2b5509f4c32fada5a28061e043022'  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 BOI looking for when approving Licence applications?<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\" ><ul>\n<li>Promote investment that helps enhance national competitiveness by encouraging R&amp;D, innovation, value creation in the agricultural, industrial and services sectors, SMEs, fair competition and inclusive growth<\/li>\n<li>Promote activities that are environment-friendly, save energy or use alternative energy to drive balanced and sustainable growth<\/li>\n<li>Promote clusters to create investment concentration in accordance with regional potential and strengthen value chains<\/li>\n<li>Promote investment in border provinces in Southern Thailand to help develop the local economy, which will support efforts to enhance security in the area<\/li>\n<li>Promote special economic development zones, especially in border areas, both inside and outside industrial estates, to create economic connectivity with neighboring countries and to prepare for entry into the ASEAN Economic Community (AEC)<\/li>\n<li>Promote Thai overseas investment to enhance the competitiveness of Thai businesses and Thailand\u2019s role in the global economy<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-ig3p3s-bbcb9044ec995759539ee235d8de6d4e'  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'>How can I get BOI in Thailand?<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><span style=\"font-weight: 400;\">In order to be able to get a BOI promotion for your company in Thailand, you will need to complete the following process:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business feasibility study<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">BOI application and interview<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Approval from the BOI and acceptance of proposed terms<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registration of BOI company in Thailand<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issue Work Permits and Visa<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Undertake the required reporting and compliance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complete the BOI accounting procedures.<\/span><\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-hz1mmg-23a4d82f75e5e31bf5a554e4e1718186'  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'>Do I need a lawyer to obtain a BOI promotion?<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>There is no legal requirement to appoint a lawyer to obtain a BOI promotion but it is highly recommended to ensure a smooth process and increase your chances to obtain a BOI promotion. At Belaws, our expert lawyers take a pragmatic approach and will intervene only when it is strictly necessary for savvy clients. This is notably the case with young entrepreneurs applying for eCommerce or software promotion where the fees can start from THB 50,000 for limited assistance.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-fdzshk-2e827111cdb2eae41e1a72f96a7868b9'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-9' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-9'>What is a BOI letter?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-9' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Once an application has been <\/span><span style=\"font-weight: 400;\">submitted to the BOI, they will inform the company in writing whether or not the application has been accepted. This letter is usually issued after seven working days. The approval letter will also include details about the benefits the company will be entitled to.\u00a0<\/span><\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-dq10fs-be9db78731812154f9d141756e953f04'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-10' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-10'>Can I work remotely from Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-10' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">As mentioned above, anyone who wishes to work in Thailand is required to obtain the relevant visa and work permit. At the time of writing there is no visa that supports Remote Work from Thailand, it is also not possible to obtain a work permit for this purpose either. <\/span><\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-ch1poo-9c34285f18b34d117f04661b4e267554'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-11' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-11'>Can a foreigner open a company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-11' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes it is possible for a foreigner to open a company in Thailand. There are also options available which allow 100% foreign owned companies as well.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-11igx4-a4a03460195e3ef62927670eda860256'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-12' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-12'>Is it good to start a business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-12' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Thailand is an attractive option for those wishing to start a business. Thailand has a great infrastructure in place and scheme such as the BOI provide great incentives for companies to take advantage of.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-9tbn1k-2242a53f05999d17b38f61ada0ec0ecd'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-13' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-13'>How can a foreigner start a small business in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-13' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can start a business in Thailand. However, certain business activities are restricted by the Foreign Business Act and in order for businesses to undertake them they must obtain a Foreign Business Licence\/Certificate which can be time consuming and complicated.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-7dp9y0-83c2c3d3c0488671f76f9ca3b0224dcb'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-14' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-14'>Can I own a company in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-14' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Yes, foreigners can start a business in Thailand. However, certain business activities are restricted by the Foreign Business Act and in order for businesses to undertake them they must obtain a Foreign Business Licence\/Certificate which can be time consuming and complicated.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-6fh2dk-4b305443fc03f949af56696f45717606'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-15' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-15'>What is BOI visa?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-15' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>BOI companies are able to hire foreigners without the restrictions faced by normal Thai Limited Companies. Therefore, BOI companies can provide visas and work permits for employees.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-d2u94-910a437959c82bb7fdfadcf12aefd7f4\">\n#top .hr.hr-invisible.av-d2u94-910a437959c82bb7fdfadcf12aefd7f4{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-d2u94-910a437959c82bb7fdfadcf12aefd7f4 hr-invisible  avia-builder-el-57  el_after_av_toggle_container  avia-builder-el-last  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-276t9k-055c19e0d73c46a643105ffc2c8659c0\">\n#top .hr.hr-invisible.av-276t9k-055c19e0d73c46a643105ffc2c8659c0{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-276t9k-055c19e0d73c46a643105ffc2c8659c0 hr-invisible  avia-builder-el-58  el_after_av_one_full  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_4'  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-7528'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-15iwm-50a63b5c27f2284532735e0bae77eea4 av_one_full  avia-builder-el-59  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-l4eyk804-bcdfc33b4e7d4c2abdf8edeeff7b5553'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related posts<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-l4eynlbp-d1332cc40348851d851297df500edc63 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\/digital-platforms\/\" id=\"av-masonry-1-item-9499\" data-av-masonry-item=\"9499\" class=\"av-masonry-entry isotope-item post-9499 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain category-cryptocurrency tag-boi  av-masonry-item-with-image\" title=\"New regulations for digital platforms in Thailand\" 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-9500 avia-img-lazy-loading-not-9500\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-705x570.png\" title=\"New regulations for digital platforms in Thailand\" alt=\"New regulations for digital platforms in Thailand\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2023\/01\/New-regulations-for-digital-platforms-in-Thailand.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\" >New regulations for digital platforms in Thailand<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >13\/01\/2023<br \/>\r\nThailand recently approved a Royal Decree relating to digital platforms.<\/div><span class='av-masonry-date meta-color updated'>janvier 13, 2023<\/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\/regulations-blockchain-thailand\/\" id=\"av-masonry-1-item-4667\" data-av-masonry-item=\"4667\" class=\"av-masonry-entry isotope-item post-4667 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain  av-masonry-item-with-image\" title=\"Regulations relating to Blockchain in Thailand today?\" 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-4673 avia-img-lazy-loading-not-4673\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-705x570.png\" title=\"Regulations relating to Blockchain in Thailand today?\" alt=\"Regulations relating to Blockchain in Thailand today?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a.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\" >What is the current scope of regulations relating to Blockchain in Thailand today?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >23\/09\/2021<br \/>\r\nThailand was one of the very first countries to regulate blockchain, how does the legislation look today?<\/div><span class='av-masonry-date meta-color updated'>septembre 23, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/reductions-dimpots-jetons-dinvestissement\/\" id=\"av-masonry-1-item-13567\" data-av-masonry-item=\"13567\" class=\"av-masonry-entry isotope-item post-13567 post type-post status-publish format-standard has-post-thumbnail hentry category-tax category-blockchain tag-thailand  av-masonry-item-with-image\" title=\"Investment-Tokens-new\" 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=\"569\" class=\"wp-image-13980 avia-img-lazy-loading-not-13980\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-705x569.webp\" title=\"Investment-Tokens-new\" alt=\"Thailand&#039;s Tax Breaks for Investment Tokens\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-705x569.webp 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-300x242.webp 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-1030x832.webp 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-768x620.webp 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-15x12.webp 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-495x400.webp 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new-990x800.webp 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/07\/Investment-Tokens-new.webp 1232w\" 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&#8217;s Tax Breaks for Investment Tokens<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >28\/05\/2024<br \/>\r\nThailand has taken significant steps to promote fundraising through investment tokens by introducing tax breaks for investment tokens.<\/div><span class='av-masonry-date meta-color updated'>mai 28, 2024<\/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-78yu1x-0a8ec9a274b3ce5a3014097fc7cc224b\">\n#top .hr.hr-invisible.av-78yu1x-0a8ec9a274b3ce5a3014097fc7cc224b{\nheight:200px;\n}\n<\/style>\n<div  class='hr av-78yu1x-0a8ec9a274b3ce5a3014097fc7cc224b hr-invisible  avia-builder-el-62  el_after_av_masonry_entries  avia-builder-el-no-sibling '><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-k144d1-24262e3b62bfe8c1eacb8f320581e8a6\">\n.avia-section.av-k144d1-24262e3b62bfe8c1eacb8f320581e8a6{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_5'  class='avia-section av-k144d1-24262e3b62bfe8c1eacb8f320581e8a6 main_color avia-section-default avia-no-border-styling  avia-builder-el-63  el_after_av_one_full  el_before_av_hr  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-7528'><div class='entry-content-wrapper clearfix'>\n\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-hs2ds5-0fed6b5623b72853df6a393aeea2412e\">\n#top .hr.hr-invisible.av-hs2ds5-0fed6b5623b72853df6a393aeea2412e{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-hs2ds5-0fed6b5623b72853df6a393aeea2412e hr-invisible  avia-builder-el-65  el_after_av_codeblock  el_before_av_one_half  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_table av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac sc-av_one_half av-break-at-tablet-flextable av-equal-height-column-flextable'>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac\">\n.flex_column.av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac{\npadding:0 30px 0 0;\n}\n<\/style>\n<div class='flex_column av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac av_one_half  avia-builder-el-66  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_table_cell av-equal-height-column av-align-top '   ><section  class='av_textblock_section av-e3vamd-2831d275065bb53943684a2c5ec0af0e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-medium-hide av-small-hide av-mini-hide avia_textblock h3_bleu_clair2'  itemprop=\"text\" ><h3 style=\"text-align: right;\">Subscribe today<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-bqzb6t-efb495a57299c244c3822ff190a042b8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-desktop-hide avia_textblock h3_bleu_clair2'  itemprop=\"text\" ><h3 style=\"text-align: center;\">Subscribe today<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-av4elx-48dd3241b687c37b0e7a9812bbf0eb7e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-medium-hide av-small-hide av-mini-hide avia_textblock text_18'  itemprop=\"text\" ><p style=\"text-align: right;\">To our newsletter for all the latest legal news<br \/>\nin South East Asia, Belaws updates and<br \/>\nspecial promotions on our services.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-986x5h-7c71a1bbb1ea1ce18f49928a629c3788'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='av-desktop-hide avia_textblock text_18'  itemprop=\"text\" ><p style=\"text-align: center;\">To our newsletter today for all the latest legal news in South East Asia,<br \/>\nBelaws updates and special promotions on our services.<\/p>\n<\/div><\/section><\/p><\/div><div class='av-flex-placeholder'><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6g28mt-51cb33f846d01758ce688b0b4cf5faf7\">\n.flex_column.av-6g28mt-51cb33f846d01758ce688b0b4cf5faf7{\npadding:0 0 0 20px;\n}\n<\/style>\n<div class='flex_column av-6g28mt-51cb33f846d01758ce688b0b4cf5faf7 av_one_half  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