Board of Investment (BOI) Promotion
The Board of Investment (BOI) is Thailand’s leading agency for promoting investment and supporting businesses that drive economic growth. By offering incentives like tax exemptions, land ownership privileges, and simplified work permit applications, BOI creates opportunities for companies to succeed and expand in Thailand.
Benefits of Board of Investment (BOI)
100% Foreign Owned
Unlike many industries where Thai majority ownership is required, BOI projects often allow full foreign ownership.
Taxation Benefits
Tax incentives lower operating costs, boost profitability, and signal strong government support—enhancing investor confidence and long-term sustainability.
Fast Track Visas
Fast-track visas enable quick entry for foreign experts and executives, ensuring fast access to global talent, smoother operations, and stronger investor confidence.
Eased Foreign Hiring Rules
BOI-promoted companies are exempt from the rule requiring four Thai employees per foreign work permit, giving businesses flexibility to hire specialized talent without added staffing burdens.
Import Duty Exemptions
Exemption or reduction of import duties on machinery, raw materials, and essential components, lowering upfront investment costs.
Global Recognition
BOI promotion is a globally recognized certification that builds trust, credibility, and signals stability and long-term growth to clients and investors.
Free Consultation
As a Board of Investment (BOI) supported company, we know how to help you qualify.
Why Choose a Board of Investment-Certified Partner?
At Attori Law, our BOI certification goes beyond recognition. We are commitment to providing our clients with unparalleled service and benefits. From enhanced trust and competitive pricing to access to exclusive government programs, our BOI status ensures you’re working with a reliable, globally recognized partner dedicated to your success.
Frequently Asked Questions (FAQs)
What are the main benefits of obtaining BOI certification for my business?
BOI certification offers significant advantages, such as tax exemptions on corporate income and import duties for certain goods, making your business more cost-effective. It also facilitates the hiring of foreign employees without the usual restrictions, providing access to skilled international talent. These incentives make Thailand an attractive destination for businesses looking to expand their operations, increase profitability, and take advantage of a more favorable regulatory environment. Additionally, businesses with BOI certification may enjoy streamlined visa processes for foreign workers.
Can foreign investors fully own a company with BOI certification?
Yes, depending on the sector, foreign investors can own 100% of a BOI-approved company, unlike the standard rule of 49% foreign ownership.
How long does it take to apply for BOI certification?
The process typically takes 2 to 3 months, but the timeline can vary based on the complexity of your business and the review process.
Do you offer services to help with the BOI registration process?
Yes, we assist with the BOI application process, offering support in document preparation and ensuring your business meets all necessary requirements for a successful application.
Can I apply for BOI certification if I’m already running a business in Thailand?
Yes, you can apply for BOI certification after establishing your business, as long as it meets the required criteria.
Why does the BOI exist?
The BOI (Board of Investment) exists to promote and support investment in Thailand, aiming to drive economic growth, technological advancement, and job creation. It offers incentives such as tax breaks and easier regulations to attract both foreign and domestic businesses, particularly in industries that align with the country’s development goals. By facilitating investment, the BOI helps enhance Thailand’s competitiveness in the global market, fostering innovation, and sustainable economic development.