April 30, 2026
BOI Company in Thailand: Tax Incentives, Foreign Ownership and the Application Process
A Thai lawyer's guide to BOI companies in Thailand: the statutory basis under the Investment Promotion Act B.E. 2520 (1977), the ten activity sections used by the Board of Investment, the A1+/A1/A2/A3/A4/B incentive groups, the corporate income tax exemption under Section 31, the dividend exemption under Section 34, the post-exemption reduction under Section 35, the import-duty exemptions under Sections 28, 29, 30 and 36, the right to own land under Section 27, the carve-out from the Foreign Business Act under Section 12, the work permit and visa fast-track under Sections 24 to 26, the application process and the realistic timeline.