BOI Thailand Benefits

BOI Thailand benefits are only available to businesses that have invested a certain amount in the economy of Thailand. This investment capital can be in the form of physical or cash assets. BOI companies in Thailand of capital invested cannot include land values or payroll budgets. The company must invest at least 1 million baht for the promotion program.

Encourage activities that are environmentally friendly, save energy or make use of alternative energy sources

Incentives for companies that adopt green or sustainable approaches to business is among the best ways to attract foreign investment to Thailand. Thailand offers incentives to international and local businesses in a variety sectors, such as automotive and smart electronics, advanced agriculture, biotechnology, food processing and tourism. These programs can assist local businesses to connect with suppliers and customers and access global talent.

A grassroots economy support scheme is another way to motivate businesses to adopt sustainable practices. It aids local organizations engaged in low-methane agriculture. The initiative is part a wider effort by the BOI to reduce greenhouse gas emissions. The deadline for applications was extended until the end of 2022. BOI Thailand is committed to ensuring that companies in Thailand are committed to implementing environmentally friendly methods and are able to save energy.

BOI Thailand also provides tax breaks and tax exemptions for businesses. Some of the most common incentives include the free import of raw materials as well as reduced tariffs on machinery used for production, and permission to own land. Other benefits include the ease of obtaining work permits and visas.

Create clusters to encourage investment concentration in accordance with regional potential

The BOI encourages clusters to be an essential element of the country’s economic growth plan. Companies that are incorporated into clusters receive various incentives. These incentives vary according to the type of business and the location of the business. They could also include tax holidays, preferential treatment for foreign-owned businesses as well as easier working permits. Additionally some requirements could be required for a business to be considered for promotion.

BOI Thailand’s incentives are contingent upon the type and the amount of work the company intends to engage in. Priority standards are more appealing investments. Certain industries are eligible for promotion, such as mining, agriculture, ceramics, basic metals light industry, and metal products. The new policy offers incentive programs based on merit to certain important industries.

Promote projects by taking a deduction from their net profit of 25 percent of the project’s infrastructure or construction costs

Businesses can take 25 percent of their profits to cover infrastructure costs as long that the project is in Zone 2 or Zone 3. New promotion guidelines will help increase productivity efficiency and will include an additional 25% deduction from net profit for infrastructure costs. Companies that meet certain requirements are eligible to apply for BOI promotion certification.

BOI Thailand offers many other incentives in addition to tax benefits. These include the deduction of 25% from the project’s net profit exempting import duties, and an allowance up to 50% of project’s construction costs or infrastructure costs. Investment projects with a value of more than 200 million Thai Baht need to be approved by BOI Subcommittee in 60 days and BOI Subcommittee within 60 days and the BOI board in 90 days.


Another benefit is an extra corporate income tax exemption that lasts up to three years. They may also be eligible for a maximum 300% increase in the corporate income tax exemption cap.