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BOI Thailand
Points-of-Investment
When you retire, you let go of any source of steady income that you might have had. If you’ve been a working employee your entire life, you will have to relinquish your job to someone younger and could take over for you. In return for your faithful service to the company, you are given a...
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Tips When Making An Investment
Making an investment is basically a gamble, as this blog has said so countless times in articles of the topic. If you make the right decision on which form of investment to make, then you could hit it big and be financially independent for the rest of your life. However, it also comes with the...
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Thailand Investment Mistakes
The basics of investing teach us the roots of how to become a successful entrepreneur, but learning the basics is not enough. You still have a long way to go when it comes to becoming an expert and earning from your investments. Don’t misinterpret this, but mistakes are common in any endeavor, including investing. Mistakes...
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Basics of Investing
Thailand is one of the best economies for you to invest your money in to. Anyone can be an investor, but since it is a risky move, you’ll need to prepare for that beforehand. How do you prepare to become an investor? The answer to that is to spend time learning the basics of investing....
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The global economic climate and investment environment have undergone a drastic change since the 1997 financial crisis. This prompted the Board of Investment to adjust the country’s investment promotion policies and criteria for granting tax privileges in order to respond to the current and future economic and investment situation.
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Thailand began to recognize foreign investment as an important element in developing the country’s economy in the 1950s by enacting its first investment promotion legislation in 1954 through the Industrial Promotion Act No 19. However, the lack of an administrative agency limited this Act’s effectiveness. To address the issue, the Industrial Promotion Act B.E. 2503...
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Thailand’s BOI or Board of Investment is a government agency tasked to provide investment incentives to foreign or local investors putting investments in promoted or priorities businesses in Thailand. The BOI of Thailand aims to decentralize Thailand’s Industrial base and to promote and attract special types of investments allowed in the Kingdom.
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Thailand offers all the elements a foreign investor would look for – inexpensive and hardworking workforce, an emerging bullish economy, a burgeoning domestic market and a supportive government in terms of economic liberalization and growth. The driving force behind Thailand’s unprecedented economic growth is foreign investment with the government supporting and encouraging foreign investors from...
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The Board of Investment deems it appropriate to adjust criteria for activities eligible for promotion in order to respond to the current economic and investment situation. By virtue of the Investment Promotion Act B.E. 2520, the Board of Investment hereby prescribes the:
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