BOI Meaning
Over the last 5 years the new Thai government has made many changes to the foreign investment laws in the hopes of attracting foreign companies to setting up in Thailand. Changes have also been made to the speed and ease of setting up a foreign business entity in Thailand.
The Thailand Board of Investment is the body in charge of attracting more foreign investment into Thailand. Any company incorporated in Thailand can enjoy a whole host of benefits from being certified as a “BOI Promoted Company” by the Board of Investment of Thailand.
Beyond major tax incentives, applying to be a “BOI Company”, comes with a range of non-tax benefits. Such as streamlined visa applications and waivers on foreign land ownership restrictions