Question 1

What is the BOI in Thailand?

Accepted Answer

The Board of Investment (BOI) is a government agency that promotes investment in Thailand by offering incentives and support to eligible businesses.

Question 2

What are the benefits of setting up a BOI company in Thailand?

Accepted Answer

Benefits include tax exemptions, permission for foreign ownership, simplified visa and work permit processes, and access to government support.

Question 3

What industries are eligible for BOI promotion?

Accepted Answer

Eligible industries include manufacturing, technology, agriculture, renewable energy, and other sectors prioritized by the Thai government.

Question 4

How long does it take to set up a BOI company?

Accepted Answer

The process typically takes 3–6 months, depending on the complexity of the application and the industry sector.