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BOI Company

BOI COMPANY

The Board of Investment (BOI) is a program helping people to open and operate companies in Thailand for Thai or foreigners. This law was created in 1954 and has since been updated. With a BOI Company, the ownership does not have to be a majority of Thais but can be a 100% foreign owned. In addition, taxes are favorable.

Activities and business categories of BOI companies are:

Agriculture and Agricultural Products

Mining, ceramics and basic metals

Light industry

Metal products, machinery, and transport equipment

Electronic industry and electronic appliances

Chemicals, paper, and plastics

Services and public utilities

Technology and innovation development

Why set up a BOI company?

A BOI Company has many advantages:

3 steps are mandatory to complete the BOI Registration:

1. Feasibility Study,
2. BOI application and interview at BOI Headquarters,
3. BOI Approval and acceptance of terms,
– Registration of Thailand BOI Company, (Name Reservation, MOA Registration, Company Registration, Statutory Meeting, VAT and Tax Registration, FBL registration if needed)

After getting the BOI Certificate, companies should also proceed to:
– Get visa and work permit for directors and employees
– Reporting and Compliance to the BOI
– Accounting BOI requirements.

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ATa Outsourcing