Is BOI Registration in Thailand Possible after COVID-19?
BOI registration for your business in Thailand is very essential, especially if you are a foreign investor. Thailand Board of Investment (BOI) encourages foreign direct investment by announcing schemes and offers in favour of the same. The board is actively in the pursuit to bring in investments to the nation endeavouring national growth and high […]
BOI Thailand Registration Checklist in the New Normal
The second wave of COVID has arrived, but it will have a smaller impact on Thailand’s companies than the first wave. It’s because of the Board of Investment’s (BOI) investor-friendly policies in the new standard. As a result, this article will assist you in creating a checklist for BOI Thailand company registration. Stage I: Research […]
Despite the Economic Crisis, Foreign Investors are Still Confident about Thailand
According to the Thailand BOI and Foreign Investor Confidence Survey, in spite of the economic hardship worldwide, maximum foreign investors operating in Thailand seems confident in the country’s potential. In fact, they have plans to extend and maintain their investments while boasting the investment incentives and a robust supporting industry supply chain and raw materials […]
Healthcare Sector in Thailand: Your Next Biggest Investment Opportunity!
You may know already Thailand is the 2nd largest healthcare market in the Southeast Asia, making up around 20% of its expenditure. And in the next few years, the market is likely to witness a CAGR of 8.7% and grow enormously. In fact, Thailand is one of the biggest medical tourism markets that estimated 194% […]
Scope of Business in Plastic Waste Management in Thailand
As Thailand Cabinet approves a roadmap to manage waste in 2018-2030 while limiting or ending usage of specific plastics, the country may be in need of more number of plastic waste management agencies. Thailand is thus expected to be free from three types of plastic usage, including cap seals, oxo-degradable plastics, and microbeads plus from […]
Thailand Geared up to Support Aerospace through BOI’s Incentives
To believe reports, Thailand is likely to become the leader of MRO in the Southeast Asia by giving support to a rapidly extending aerospace sector through the Board of Investment (BOI) incentives. This board has already approved promotion incentives for those companies that choose the Kingdom as the base for their aircraft maintenance, overhaul activity, […]
What Makes Thailand an Ideal Place to Invest in BOI Logistics?
Situated at the mainland Southeast Asia’s mainland, the country shares a land border with the neighboring countries. Physically, there are 30 Thai provinces connected with Cambodia, Malaysia, Laos, and Myanmar. Hence, logistics has to be really strong. To go by the statistics “86% of the cargoes are moved by road, 12% by train, 2% by […]
This could be a Good Opportunity to Invest in Thai Marine Industry
Those who have been thinking to invest in the Thai marine industry, there’s good news for them. Thailand has taken the initiative to unite the marine industry in Thailand by organizing shows. One of which got wrapped up recently. Held at the Royal Phuket Marina, the exhibition had some leading international yacht dealers, charter agencies, […]
Setting-up a Human Resources Development Company under BOI Thailand
Deputy Secretary-General, Mr. Narit Therdsteerasukdi, has recently signed a Memorandum of Understanding (MoU) on the account of human resource development in order to have required skills for the targeted industries in The Eastern Economic Corridor. This MoU was signed between parties including the Office of the Higher Education Commission, Thailand Board of Investment, the Office […]
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 […]
