BOI Thailand
Your end-to-end Board of Investment (BOI) solution in Thailand
What is Thailand’s Board of Investment (BOI)?
The BOI is a national government agency with the mission of developing Thailand through foreign direct investment. One of the ways it does this is through incentives to international businesses looking to expand or relocate to Thailand. These include tax and non-tax incentives and BOI-specific work permits that allow firms to employ foreign experts in Thailand.
Baan Thai Immigration Solutions is your single source of BOI expertise: Our bilingual counselors will help you through every step of the certification process.
Why apply for BOI certification?
BOI certification offers a range of benefits, including the ability to avoid many of the strict regulations on businesses in Thailand.
- Corporate and personal tax incentives
- Permission to own land
- Permission to remit money in a foreign currency
- Protection from nationalization
- Exemptions from import fees on raw materials and machinery
- Deductions for infrastructure costs, R&D, and utilities
- Quota-free hiring of foreign workers
- Express processing of visas and work permits
How to apply for BOI Thailand
Eligibility
Businesses applying for BOI certification must:
- Be a registered company in Thailand
- Have at least THB1,000,000 capital investment
- Have three or more registered shareholders
- Apply under one of the following business sectors:
Agricultural, Bio, and Medical Industries:
Agro and Food Industry, Medical Industry, Biotechnology
Advanced Manufacturing:
Automotive, Machinery, Electronics and Appliances, Defense
Digital, Creative, and High-Value Services:
Creative Industry, Digital Industry, Professional Services, Tourism, Logistics
Basic and Supporting Industries:
Mining, Chemicals, Paper, Energy, Industrial Development
Process
- 1. Study the BOI requirements and benefits.
- 2. Submit your application and supporting documents online.
- 3. Present your project to BOI officials.
- 4. Wait 1–3 months while the BOI considers your application.
- 5. Receive notification of the BOI’s decision.
- 6. If approved, submit the form confirming your intention to proceed.
- 7. Submit the application for the BOI certificate.
- 8. Within 10 days, the BOI will issue your certificate.
Challenges
- Completing and presenting a persuasive feasibility study
- Demonstrating the value of certain management and employee positions
- Providing satisfactory evidence of foreign workers’ skills and experience
- Correctly following Thai accounting and financial reporting regulations
The Thai government has an English language BOI website with an online E-submission portal.
The full details are listed in their Guide to BOI.
BAAN THAI IMMIGRATION SOLUTIONS
Board of Investment Experts
We are an international law firm based in Bangkok that specializes in helping foreign firms set up operations in the Kingdom. Our team of bilingual counselors help with all phases of BOI certification, from reviewing feasibility studies and registering the company in Thailand, to helping with the application and preparing for the presentation.
Contact us for a free consultation.
"As the founder of a business in Thailand, I know my team can handle any challenge Thai officialdom throws at us. Their expertise lets me focus on running our company, and they can do the same for you."
Mark Friedman
Managing Director
Baan Thai Immigration Solutions
What our clients say
We had a bit of a tricky process due to our situation however Thitsana was there all the way to the end. Thitsana provided amazing advice and a steady hand to make sure the process was successful.
We used Baan Thai for our ltr visas. My wife, myself and our 2 kids.
We had a bit of a tricky process due to our situation however Thitsana was there all the way to the end. Thitsana provided amazing advice and a steady hand to make sure the process was successful.
We are now living in Thailand and are so grateful for all the help.
I cannot recommend Baan Thai highly enough!
Baan Thai gave us the best service by far during our consultation. You can probably find cheaper options, but as a lawyer myself, I think the level of service at Baan Thai is incredible and well worth the price.
BTIS helped me to obtain my LTR visa. They provided an excellent service throughout the process and were really helpful and responsive with all the questions I had.
BTIS helped me to obtain my LTR visa. They provided an excellent service throughout the process and were really helpful and responsive with all the questions I had. A great experience and recommend their services.
I received a LTR visa thanks to Thitsana’s efforts at Baan Thai. The process went as smoothly as I could have hoped and I am very happy with Baan Thai’s services.
I received a LTR visa thanks to Thitsana’s efforts at Baan Thai. I made an abortive attempt to apply on my own but found the official instructions often confusing or ambiguous and didn’t relish an inevitable long back-and-forth with the Bureau of Investment. Thitsana knew exactly what documents I needed and didn’t need, and was able to suggest substitutes (that actually worked!) for documents I didn’t have. The process went as smoothly as I could have hoped and I am very happy with Baan Thai’s services. I would recommend them without reservation.
We are astonished how quickly they completed process. Their vast experience and knowledge are highly appreciated and recommended to anyone requiring assistance with their visas and work permits.
“My family and I are most fortunate and thankful to have met K. Kasinee and K. Siwarat and receive their services to renew our Non-Immigrant visas. They spotted and corrected mistakes from our last renewal and ensured the entire process went smoothly. We are astonished how quickly and organized they arranged the visit to immigration and completed the renewal process.
I am also thankful to K. Mark for following up with me directly and ensuring that I was satisfied with the process and didn’t have any questions.
Their vast experience and knowledge are highly appreciated and recommended to anyone requiring assistance with their visas and work permits. They made us feel like a part of their family, and we are tremendously grateful to everyone at BTI Solutions.”
Khun Kasinee was assigned to handle my immigration case. She is one of the very best Thai lawyers
In 2007, Khun Kasinee was assigned to handle my immigration case. My fiancee and I were trying to get married in Thailand, but I was not permanently located in Thailand. This presented some hurdles, paperwork and visa entry requirements. Since then we bought a house and Khun Kasinee also handled this. She is one of the very best Thai lawyers.
Free BOI Consultation
- Complete the form so we can match you with the appropriate BOI expert.
- One of our counselors will reach out within 48 hours to schedule your free, no-obligation consultation.
- If we're a good fit, we'll start working on your application, preparing your paperwork, and scheduling your appointments.
What our clients say
"Khun Ing accompanied me through every step of the Permanent Residency process."
Hi, my name is Ahmet. I am a legal executive working for a multinational corporation with headquarters in Los Angeles, in charge of our legal matters in the Asia Pacific region, as in house counsel based in Bangkok. I am a German national and I have been living and working in Thailand since November 2004. I have worked for different law firms in Thailand throughout my career, and have now been in this current in house position since early 2016. Khun Ing, one of the partners at Baan Thai Immigration Solutions, has been handling all my visa and work permit matters since 2012. And most recently, she has successfully worked on my application for permanent residency in Thailand.
What challenges were you facing before working with Baan Thai?
Before I first started using Khun Ing’s services, dealing with tight immigration authorities was always somewhat stressful and time-consuming. Spending almost a whole working day at the immigration office at each visit, waiting for my number to be called often, only to be told to get another document or photo and come back another day. All that made visa renewals a dreaded annual ordeal. Back then, as much as I wished for obtaining permanent residence, which will put an end to all the recurring visa hassles and give me lasting inner peace about my long-term future in Thailand, I had heard so many stories from other experts who had been waiting to hear back about their applications for years and years, that I just did not feel that taking this path would make sense for me.
How did Baan Thai help you overcome these challenges?
In early 2020, the topic of permanent residence came up again. And I asked Khun Ing if maybe I should give it a try. She clearly laid out all the requirements, the procedure, the costs and fees involved. And having analyzed my situation and background, she recommended that I should go for it. So I did. And she provided excellent guidance, and accompanied me every single step of the process. I can honestly say that without her support, I doubt that I would have completed the application documents by myself. Fortunately, all forms were prepared for me by Khun Ing and all I had to do was to quickly check whether the data was correct, and then just sign the forms. Another concern I had was the required Thai language test. But Khun Ing provided me with a very helpful info on how to prepare for it. And as a result, I pass the test without any problems. Every single time I had to visit immigration, for example, for taking fingerprints for submitting documents, and doing the personal interview. I was always prepared and accompanied by Khun Ing personally. And I always felt like I was receiving VIP treatment. I never had to wait long for any appointment with immigration officials. And I could tell that they all personally knew and trusted Khun Ing. Another very important aspect for me as a legal executive of a New York Stock Exchange listed corporation was, of course, transparency, and full compliance with the United States Foreign Corrupt Practices Act and the UK anti Bribery Act.
What was the outcome? How do you feel now?
Finally, in late 2021, I received the message from Khun Ing, my application for permanent residence had been approved and then Khun Ing and her team accompanied me to immigration again, and also to other government offices to facilitate and complete the issuance of the documents. And here I am all done. It feels amazing after all these years of living here to finally know that I can stay in Thailand for the rest of my life now without ever having to apply for a Thai visa again, never having to do a 90 day report again, never having to send in the endless immigration line with tourists at Bangkok airport because I can now use the much faster lines for Thai nationals. And even the path to obtaining Thai citizenship is open to me now. If you have ever thought about applying for permanent residents in Thailand, I strongly and wholeheartedly recommend that you contact Khun Ing and her team at Baan Thai Immigration Solutions and let them advise and support you.
Ahmet
"My family and I were very relieved and very happy."
Hi, my name is Scott. I’ve been working in Thailand for the last two and a half years. My wife and my son are also living here with me.
What challenges were you facing before working with Baan Thai?
Prior to using Baan Thai Immigration Solutions, we had a very bad experience with a previous agent. The communication with him was quite poor, and we were quite confused most of the time on the requirements. We also had to make multiple trips to Chaengwattana, which was quite a distance from where we were living. Each trip we made, we would spend roughly a whole day there. It was quite difficult because we had an infant at the time.
How did Baan Thai help you overcome these challenges?
My family and I are very fortunate to have met Khun Ing and Khun Koya. Every detail of the visa process, they communicate to us very clearly. Not to mention, they found and corrected some mistakes from the previous year. And they managed to renew our visa at the One Stop tourist center. And we just had to make one very quick trip there.
What was the outcome? How do you feel now?
After successfully receiving the visas, my family and I were very relieved and very happy. We would like to thank Khun Ing and Khun Koya and also everyone else at Baan Thai Immigration Solutions. Thank you
Scott P.
FAQ
The main BOI office is in Bangkok, and seven regional offices are located around the country. Note that BOI work permits are processed in the central Bangkok business district, not at the Immigration Center on the outskirts of the city.
There are also BOI offices in Japan, China, Korea, Taiwan, Indonesia, India, Vietnam, Germany, France, Sweden, Australia, and the USA. These are tasked with promoting Thai business and industry abroad.