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Services &
public utilities

Services & public utilities

Thailand has been maintaining its reputation as a business-friendly country for foreign investment and has proved it by becoming the center of commerce in Southeast Asia.

The major driving force behind Thailand’s economic growth is robust human capital.

Industries like Research and Development, Tech, IT, Food Innovation, Engineering Design and others require the availability of technical support. Every year, there are roughly 250,000 vocational and university graduates in Science and Technology-related fields. Thailand has been ranked highest for several factors related to employment and talent development in Asia.

Opportunities for services and public utilities industries in Thailand

The Thai Government is committed to promoting innovative, technology-based industries. To stimulate investment, it offers a wide range of fiscal and non-tax incentives.

Services and public utilities industries

  • Public and basic services
  • Natural gas station
  • Mass transit systems and transportation of bulk goods
  • Logistics service centers
  • International headquarters: IHQ
  • International trading centers: ITC
  • Trade and investment support offices: TISO
  • Energy Service Company (ESCO)
  • Real estate development for industrial use
  • Cloud services
  • Research and development
  • Engineering design
  • Scientific laboratories
  • Calibration services
  • Product sterilization services
  • Recycling and reuse of unwanted materials
  • Waste treatment or disposal
  • Vocational training centers
  • Thai motion picture production
  • Motion picture support services
  • Tourism promotion services
  • Activities to support tourism
  • Biotechnology

BOI benefits for services and public utilities industries in Thailand

100% Foreign Ownership

Permission to have 100% foreign ownership

Visas & Work Permits

Including all family members

Freehold land ownership

Permission for foreigners to own land

Transfer funds

Permission to transfer foreign currency aboard

BOI incentives for services and public utilities industries

  • Capital Income Tax (CIT) exemption up to 8 years
  • R&D cases or projects utilizing advance technology and innovation may receive CIT exemption up to 15 years (max)
  • 100% foreign ownership
  • 10 billion THB grants for investment projects engaged in R&D, innovation or human resource development in specific areas.
  • Permission to own land
  • Visa and work permits
  • Transferring funds in foreign currency
  • Reduction of import duties on machinery and raw materials
  • Double deduction of costs of transportation, electric and water
  • Import duty exemption on raw or essential materials imported for use in production for export
  • Decentralization Merit Incentives
  • Merit Incentives based on Competitiveness Enhancement


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