What is BOI in Thailand?
The Board of Investment (BOI) is a government agency that promotes foreign investment in Thailand by offering incentives such as:
Legal & Compliance
Invest in Thailand with BOI support
Tax exemption
100% ownership
Work permits
Establishing a business in Thailand under the Board of Investment Thailand (BOI) offers significant advantages for foreign investors. At B-accounting, we provide comprehensive BOI services in Bangkok, guiding you through every step of the process with precision, clarity, and efficiency.
01
Tax Exemptions
Corporate income tax exemptions for up to 8 years on BOI-promoted activities.
02
100% Foreign Ownership
Full foreign ownership in eligible sectors, without a Thai majority shareholder required.
03
Work Permits & Visas
Streamlined work permit and visa facilitation for foreign staff and directors.
04
Import Duty Exemptions
Exemptions on import duties for machinery and raw materials used in your operations.
These benefits make Thailand a highly attractive destination for international businesses seeking to expand in Southeast Asia.
Our BOI Services in Bangkok
At B-accounting, we support foreign entrepreneurs and companies with a full range of BOI-related services:
1
BOI Eligibility Assessment
We analyze your business model and determine whether your project qualifies for BOI promotion under current regulations.
2
BOI Application Preparation
Our team prepares and submits your BOI application, including:
- Business plan structuring
- Financial projections
- Activity classification
- Liaison with BOI officers
3
BOI Interview Support
We assist you in preparing for the BOI interview to maximize your chances of approval, ensuring your project aligns with BOI expectations.
4
Company Registration & Setup
Once BOI approval is granted, we handle:
- Company incorporation with the Department of Business Development Thailand
- Corporate structuring
- Legal documentation
5
Post-BOI Compliance
We ensure your company remains compliant with BOI requirements, including:
- Annual reporting
- Conditions monitoring
- Audit coordination
6
Visa & Work Permit Support
We facilitate long-term visas and work permits for foreign directors and employees under BOI privileges.
Why Choose B-accounting for BOI Services?
13+ years supporting foreign businesses in Thailand
Dedicated English-speaking team based in Bangkok
Strong experience with BOI projects across multiple industries
Integrated accounting, tax, and legal services under one roof
Clear communication and structured processes
BOI Services FAQ
How long does the BOI application process take?
Timelines vary by business activity and how complete the application is, but the process generally runs from a few weeks to a few months from submission to approval.
Which business activities are eligible for BOI promotion?
BOI promotion is available for activities on Thailand's list of promoted sectors, which spans manufacturing, technology, agriculture, and a range of qualifying services. Eligibility depends on your specific business model — this is what our BOI Eligibility Assessment determines.
Do I still need a Foreign Business License if I get BOI promotion?
In most cases, BOI-promoted companies are exempt from the Foreign Business License requirement for their promoted activity, since BOI approval itself grants the relevant permissions.
Can I get 100% foreign ownership without BOI promotion?
Outside of BOI promotion or specific treaty arrangements, most business activities in Thailand are subject to foreign ownership restrictions under the Foreign Business Act. BOI promotion is one of the main routes to 100% foreign ownership in eligible sectors.
What compliance is required after BOI approval?
BOI-promoted companies must meet ongoing conditions — annual reporting, monitoring against the approved conditions, and audit coordination — to keep their BOI privileges in good standing.
What happens if my BOI application is rejected?
We reassess eligibility and structuring based on the feedback received, and can advise on alternative routes (such as a standard Foreign Business License) if BOI promotion isn't the right fit.
Start Your BOI Project in Thailand
Navigating BOI procedures can be complex without the right guidance. At B-accounting, we simplify the process and ensure your investment is structured for success from day one. Contact us today to assess your eligibility and launch your BOI project in Bangkok.
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