A BOI-approved project can typically receive a package including:
- Exemption or reduction of corporate income tax for a period set by the activity category — commonly several years, longer for higher-value categories. - Exemption or reduction of import duties on machinery and raw materials used in production. - Permission for 100% foreign ownership of the promoted activity. - In specific circumstances, permission to own land for the project's operations or employee housing. - Facilitated visas and work permits for foreign specialists, executives and experts through BOI's one-stop service.
The exact package depends on the activity category, project value and current policy. Eligibility must be confirmed for your specific project.
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Information on investment, BOI, taxation, immigration, company structures and regulations is provided for general information only and should be independently verified with qualified Thai professionals and the relevant government authorities.