BOI company Thailand

Thailand BOI Company Registration

Our specialized Board of Investment (BOI) company registration services help foreign investors secure investment promotion benefits while ensuring full regulatory compliance from day one.

Rating: 4.5 out of 5.

4.6/5 rating | 1,100+ companies registered

What is a Thai BOI Company?

A BOI company in Thailand is a business entity that has received investment promotion from the Thailand Board of Investment. BOI Thailand or Board of Investment in Thailand helps foreign companies to establish a Thai Company, offering substantial advantages over regular company structures.

BOI companies enjoy unique privileges including:

  • 100% foreign ownership in restricted sectors
  • Up to 8 years of tax holidays and lower taxes for additional years for certain sectors
  • Possibility to own land
  • Unlimited hiring of foreign skilled workers
  • Simplified visas and work permits
  • Reduced import duties and incentives

These incentives make BOI registration particularly attractive for manufacturing, technology, and innovation-focused businesses.

boi thailand benefits

BOI Company vs. Regular Company Registration

AspectBOI CompanyRegular Company
Foreign OwnershipUp to 100% in promoted sectorsLimited by Foreign Business Act
Tax Benefitsup to 8 years income tax holiday + reduced tax for additional years Standard corporate tax rates
Import DutiesReduced/exempted depending on industry Standard rates apply
Work PermitsStreamlined processStandard application procedures
Land OwnershipPermitted for factoriesRestricted
Setup ComplexityHigher due to BOI requirementsStandard incorporation process

Industries & Business Activities Eligible for BOI Promotion (2025)

The Thailand Board of Investment groups hundreds of specific “Activity Codes” into eight high-level clusters. Each cluster unlocks a different mix of tax and non-tax incentives, meaning not every BOI-promoted company will receive the same benefits.

EV assembly, battery packs, smart drivetrains - for BOI promotion in Thailand

Advanced Manufacturing & Automotive

Activity Code: A1–A3

Examples include: EV assembly, battery packs, smart drivetrains, precision parts

IC design, PCB fabrication, IoT sensors, optical modules

Smart Electronics & Semiconductors

Activity Code: A1–A2

Examples include: IC design, PCB fabrication, IoT sensors, optical modules

Cloud/data centers, SaaS platforms, fintech, cybersecurity

Digital & Data-Driven Services

Activity Code: 5.x series

Examples include: Cloud/data centers, SaaS platforms, fintech, cybersecurity

Gene therapy R&D, medical robotics, vaccine manufacture

Biotech, Pharmaceuticals & Medical Devices

Activity Code: 1.x, 2.x

Examples include: Gene therapy R&D, medical robotics, vaccine manufacture

Plant-based protein, vertical farming, smart irrigation

AgriTech & Food for the Future

Activity Code: 1.x

Examples include: Plant-based protein, vertical farming, smart irrigation

Solar farms, hydrogen fuel cells, waste-to-energy plants

Renewable Energy & Green Tech

Activity Code: 7.x

Examples include: Solar farms, hydrogen fuel cells, waste-to-energy plants

Regional procurement hubs, back-office shared services

Logistics, Trading & Support (TISO / IBC)

Activity Code: 7.7, 7.34

Examples include: Regional procurement hubs, back-office shared services

Design studios, film post-production, R&D centres

Creative & High-Value Services

Activity Code: 8.x

Examples include: Design studios, film post-production, R&D centres

Don’t see your business listed, or unsure which category fits? Book a no-obligation call with our BOI specialists

BOI application process

  1. Conduct a feasibility study for your project and prepare a report
  2. Fill out the BOI application form and submit project-specific documentation (which mainly includes, but is not limited to):
    • Company registration certificate and any additional certifications
    • List of shareholders
    • Investment certificate or bank wire receipts
    • human resource requirements and Thai / foreign employee distribution and salaries
    • feasibility study report and revenue estimations
    • business and training plans
  3. Project analysis process (determined by investment capital):
    • ≤ 200 million baht – 40 working days
    • ≥ 200 million baht – 60 working days
    • ≥ 2,000million baht – 90 working days
  4. Upon project approval, submit BOI certificate application
  5. Once the certificate is obtained, register the company as BOI-promoted

Why Choose Our BOI Company Registration Services?

Successfully registering a BOI company requires expertise in Thai investment law, regulatory compliance, and application procedures. Our team has extensive experience helping international businesses secure BOI promotion and maximize their investment incentives.

01

BOI eligibility assessment and planning

02

Complete application preparation and submission on your behalf

03

Ensure regulatory compliance to avoid delays in approval process

04

Post-approval compliance and reporting support

Rating: 4.5 out of 5.

FAQs about Thai BOI Companies

How long does BOI company registration take in Thailand?

The BOI application process typically takes 45-90 days from submission to approval, depending on the complexity of your project and completeness of documentation.

  • Simple TISO/IBC projects: 6–8 weeks
  • Advanced manufacturing: 3–4 months
  • Add 1–2 weeks for promotion certificate issuance.
Can I get 100% foreign ownership with BOI registration?

Yes, BOI companies can achieve 100% foreign ownership in promoted activities, even in sectors typically restricted under the Foreign Business Act.

What is the minimum capital requirement for BOI companies?

Minimum capital varies by industry, typically ranging from 1 million THB per project or 25 % of projected expenses, whichever is higher for technology companies to 10+ million THB for large manufacturing projects.

Are there export requirements for BOI companies?

Some BOI categories require minimum export percentages, typically 50-80% of production, depending on the promoted activity.

What documents are needed for BOI application?

Key documents include company registration, business plan, financial statements, technical specifications, environmental assessments, and shareholder information.

Can I apply for BOI promotion before incorporating my company?

You can submit a preliminary application, but final approval requires a fully incorporated Thai company with verified capital.