Thailand BOI and EEC encourages Investment in Thailand in 2021
Board of Investment (BOI) and the Eastern Economic Corridor (EEC) are facilitating investment in Thailand in 2021. Thailand’s legislation on the BOI and the EEC encourage both domestic and international investors to participate in the country. They offer tax and non-tax benefits to projects that are promoted. The article provides an overview of the major […]
Thailand BOI Applications 2020 led by Food and E&E
On February 10, 2021, the Thailand Board of Investment (BOI) announced that 1,717 applications are submitted in 2020. The investment worth of these applications is 481.1 billion baht (USD16 billion). Ventures in the electric and communications, agriculture and food processing industries, and a surge in the medical sector lead the way. Secretary-General speaks on Thailand […]
What are the Challenges you are like to face when starting a Business in Thailand?
Even though Thailand has a foreigner-friendly environment, expats should be aware of the Foreign Business Act (FBA) as it regulated non-Thai participation in some business activities. Like, you may be told that a foreigner is allowed to invest in agriculture, but were you told that you won’t be able to participate in rice milling. And […]
