Thailand's Board of Investment (BOI) offers investment promotion programs designed to encourage businesses in targeted industries. Depending on the approved activity and the applicable criteria, BOI promotion may provide valuable incentives for eligible investors.
Applying for BOI promotion requires careful preparation, a clear understanding of the investment project, and ongoing compliance after approval. Our English-speaking lawyers assist foreign investors, entrepreneurs, and international companies throughout every stage of the BOI process.
What Is BOI Promotion?
The Thailand Board of Investment promotes investment in industries that support the country's economic development.
Depending on the approved project, BOI incentives may include:
- Eligibility for majority or full foreign ownership in certain promoted activities
- Corporate income tax incentives for qualifying projects
- Import duty incentives on qualifying machinery or raw materials
- Assistance with visas and work permits for foreign employees
- Other non-tax incentives available under BOI regulations
The available benefits depend on the specific business activity and the conditions attached to the BOI approval.
Who Should Consider BOI Promotion?
BOI promotion may be suitable for businesses involved in sectors such as:
- Technology and software
- Manufacturing
- Digital services
- Research and development
- Biotechnology
- Renewable energy
- Logistics
- Advanced services
- Other eligible industries identified by BOI
Eligibility should be assessed before investing or establishing a company.
Our BOI Legal Services
Our lawyers provide comprehensive legal assistance, including:
- Assessing BOI eligibility
- Advising on investment structures
- Preparing BOI applications
- Reviewing supporting documents
- Coordinating with government authorities
- Company registration
- Corporate governance advice
- Visa and work permit support
- Post-approval compliance assistance
We work closely with clients to help ensure that applications are complete and supported by appropriate documentation.
Company Registration for BOI Businesses
Many BOI-promoted projects require careful planning before incorporation.
We assist with:
- Company formation
- Shareholder structures
- Articles of Association
- Corporate documentation
- Registered capital requirements
- Regulatory compliance
Selecting the right corporate structure from the outset can help support future business operations.
Visas and Work Permits
BOI-promoted companies may benefit from streamlined procedures for eligible foreign executives and employees, subject to applicable regulations.
Our services include:
- Business visa advice
- Work permit applications
- Immigration compliance
- Support for key foreign personnel
Post-Approval Compliance
Receiving BOI promotion is only the beginning.
Approved businesses may have ongoing obligations, including:
- Compliance with BOI conditions
- Periodic reporting
- Maintaining qualifying business activities
- Record keeping
- Coordinating with relevant authorities where required
Maintaining compliance is important to preserve BOI benefits.
Why Choose Our BOI Lawyers?
Our firm assists international investors by providing:
- English-speaking lawyers
- Experience with foreign investment matters
- Practical legal advice
- Company formation support
- Contract drafting and review
- Corporate compliance guidance
- Long-term legal support as your business grows
We aim to make the investment process as efficient and transparent as possible while helping clients understand their legal obligations.
Frequently Asked Questions
Can a foreigner own 100% of a company under BOI promotion?
In some cases, yes. Certain BOI-promoted activities may allow 100% foreign ownership, provided the project qualifies and all BOI requirements are met.
Does every business qualify for BOI promotion?
No. BOI promotion is available only for eligible activities that satisfy the applicable investment criteria and conditions.
Why should I hire a BOI lawyer?
A lawyer can assist with project planning, application preparation, corporate structuring, legal compliance, and communication with the relevant authorities, helping to reduce delays and avoid common compliance issues.
Contact Our BOI Thailand Lawyers
If you are planning to establish a BOI-promoted business in Thailand, our experienced English-speaking lawyers are ready to assist.
We provide legal advice on BOI applications, company registration, foreign investment, corporate compliance, visas, work permits, and ongoing legal support.
Contact us today to schedule a confidential consultation and discuss your investment project in Thailand.