Thailand Board of Investment
The Thailand Board of Investment (BOI) is the government agency that packages tax and non-tax incentives to attract strategic capital into targeted industries. For sponsors and in-house deal teams the BOI is as important as tax law or the Foreign Business Act: a successfully promoted project can unlock 5–8 years (or more) of corporate-income-tax relief, import-duty exemptions, and eased rules on foreign experts and land use — but every incentive comes with conditions, reporting obligations and operational strings. This guide explains the BOI offer, how to qualify and apply, recent policy shifts that matter to foreign staff, compliance traps, and a practical timeline and checklist you can use in transaction or project planning. What the BOI actually offers (the mechanics) BOI promotion bundles two types of benefits: Tax incentives. The most commercially material are corporate-income-tax (CIT) exemptions for a specified number of years (varies by promoted activity), import-duty exemp...