BOI Services for Foreign Investors
What is the Thailand Board of Investment (BOI)?
The Thailand Board of Investment (BOI) is a government agency that plays a crucial role in promoting investment in Thailand. It offers special incentives, both tax and non-tax benefits, to Thai and foreign investors alike.
For foreign investors, BOI promotion brings numerous advantages, including special privileges related to visas and work permits. Thai Visa Legal offers comprehensive consulting and processing services to help you navigate the BOI system effectively.
Investment Promotion Application Services
Special Benefits for Foreign Investors
The BOI offers unique privileges to foreign investors that are not available through regular investment channels, including:
Visa and Work Permit Benefits – Ability to bring foreign experts and skilled personnel to work in Thailand with special visa and work permit privileges
Land Ownership Rights – Permission to own land for BOI-promoted activities, even as a foreigner
Shareholding Rights – Ability to hold up to 100% of shares in certain business categories without requiring Thai partners
Thai Visa Legal Services
Thai Visa Legal has a team of experts ready to provide comprehensive services including:
Analyzing your business and evaluating your eligibility for BOI promotion
Preparing all necessary documents for the promotion application
Submitting applications and following up with the BOI
Providing guidance on post-approval procedures
Coordinating with other relevant agencies to ensure your investment proceeds smoothly
Application Process
Consultation with Thai Visa Legal experts – Feasibility analysis and investment planning
Document preparation – All necessary documents prepared by our professional team
Application submission – Filing the application with supporting documents to the BOI
Interview – Preparation and attendance at BOI interviews (if required)
Follow-up – Tracking progress and coordinating with the BOI
Approval – Upon approval, our team will guide you through the next steps in detail
Machinery Import License Services
Importing machinery for BOI-promoted activities can qualify for tax exemptions, significantly reducing investment costs.
Thai Visa Legal Services
Evaluating the suitability of machinery you wish to import
Preparing documentation and machinery lists according to BOI requirements
Submitting machinery import approval requests
Tracking approval status and keeping you informed
Providing guidance on customs procedures for machinery imports
Managing extension requests when necessary
Benefits You’ll Receive
Exemption or reduction of import duties for machinery
In-depth advice on which types of machinery to import
Monitoring of import timelines to prevent losing privileges
Tax Exemption Services
Investors with BOI promotion are eligible for various tax exemptions, but the procedures and documentation can be complex. Thai Visa Legal helps you maximize these benefits effectively.
Tax Services for BOI Investors
Corporate Income Tax Exemption – Planning and applying for corporate income tax exemptions for up to 8 years
Import Duty Exemption for Raw Materials – For raw materials and essential materials imported for export production
Tax Planning – Structuring your business operations to maximize tax benefits
Important Information for Foreign Investors
Tax incentives vary by business category and investment location
There are conditions and deadlines to follow to maintain these privileges
A clear accounting system separating promoted and non-promoted activities is required
BOI Reporting Services
Regular reporting is a crucial condition for maintaining BOI privileges. Neglecting this requirement can lead to the loss of all benefits.
Comprehensive Services by Thai Visa Legal
Preparing project progress reports every 6 months
Creating operation commencement reports when your project begins generating revenue
Compiling annual reports as required by the BOI
Preparing raw material usage reports and machinery import reports
Tracking all reporting deadlines to ensure no reports are missed
Managing timeline extension requests when necessary
Benefits You’ll Receive
Confidence that all reports are accurate and submitted on time
Reduced risk of losing privileges due to non-compliance
Time and resource savings on complex report preparation
Expert advice when issues arise or conditions cannot be met
BOI Investment Incentives Consulting Services
Understanding BOI incentives thoroughly is key to successful business planning in Thailand, especially for foreign investors who may be unfamiliar with Thai systems and laws.
Expert Consulting Services
Thai Visa Legal has a team of experienced BOI consultants ready to advise on various issues:
Pre-investment Planning – Analyzing your business and selecting business categories that offer maximum benefits
Business Restructuring – Advising on restructuring to meet promotion criteria
Business Expansion – Planning business growth using BOI incentives
Problem Solving – Providing consultation when issues arise in project implementation or compliance
Visa and Work Permits – Advising on visa and work permit benefits for foreign executives and experts
Special Services for Foreign Investors
Consultation services in English, Chinese, Japanese, and other languages
Connections to business networks in Thailand
Recommendations for other necessary services such as accounting, legal, and banking
Interpreters for BOI meetings
Visa and Work Permit Benefits through BOI
Beyond tax incentives, foreign investors with BOI promotion also receive special privileges for visas and work permits.
Special Privileges
Non-B IB (Investment BOI) Visa – Special visa for investors and executives in promoted businesses
Extended Stay Period – Longer permitted stay in Thailand compared to regular business visas
Family Privileges – Spouses and children can receive dependent visas
Streamlined Visa and Work Permit Renewal – Special procedures for promoted individuals
One Stop Service Center – Comprehensive visa and work permit service center for BOI investors
Thai Visa Legal’s Visa and Work Permit Services
Consultation on the most suitable visa types for you and your family
Processing visa and work permit applications through special BOI channels
Preparing all necessary documentation
Tracking application status and keeping you informed
Handling visa and work permit renewals when due
Advising on 90-day reporting requirements
Contact Thai Visa Legal for BOI Services
Our team of experts is ready to provide comprehensive consultation on investing in Thailand and applying for BOI promotion. Whether you’re a new investor considering opportunities in Thailand or an existing business looking to expand, we can help.
Contact Us
Phone: 080-765-6400
Email: info@thaivisalegal.com
Website: www.thaivisalegal.com
Office: 83 Sukhumvit 93, Bangchak, Prakanong, Bangkok 10260 Thailand
Business Hours:
Monday – Friday: 9:00 AM – 6:00 PM
(English, Chinese, and Japanese interpreters available)