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Thailand, like the rest of the world, is adapting to a constantly changing global economy driven by knowledge and innovation. The BOI Thailand promotion is therefore offering benefits and incentives to those interested in investing in the technology industry in Thailand.
Known as the industrial hub of Southeast Asia, Thailand is investing its future in developing a multilayered economy where both industry and research & innovation guide the nation from a middle-income state to a high-income state by 2026.
It plans to increase funding of national research and development to at least 1% of Thailand's GDP with the targeted ratio of public to private R&D investment of 30:70.
The Thai government in conjuction with the BOI Thailand released a policy statement highlighting the nation's plan to expand support of the technology industry, including science, research & development (R&D), and development & innovation.
Biotechnology
Nanotechnology
Advanced materials technology
Digital technology
Why Set Up A BOI Company?
100% Foreign Ownership
Permission to have 100% foreign ownership
Visas & Work Permits
Permitted to bring in experts and skilled workers with their families
0% Tax
Up to 15 years exemption of Corporate Income Tax (CIT)
OWN LAND
Permits foreigners to own land