Thailand Board of Investment (BOI)'s mission is to promote investment by offering both tax-based and non-tax-based incentives.
Tax incentives
- Exemption of corporate income tax for up to 13 years (according to activity & conditions).
- 50 percent reduction in corporate income tax for 5 years (only in special investment promotion zones).
- Exemption of import duties on machinery.
- Exemption of import duties on raw or essential materials used in production for export.
- Exemption of import duties on raw or essential materials used in research and development purposes.
Non-tax incentives
- 100% foreign ownership (except activities under List One annexed to the Foreign Business Act B.E 2542 (1999) or stated in other laws).
- Permit to own land.
- Permit to bring in skilled workers and experts to work into the Kingdom.
Fill out BOI application form online (e-Investment Promotion)
For download: Investment Promotion Guidebook
