Company Incorporation

BOI Company Registration (Thailand)

We support BOI (Thailand Board of Investment) company registration and promotion applications, including eligibility review, business plan preparation support, filings, and post-approval incorporation and compliance setup.

Who is it for / Suitable for

Foreign and local investors seeking tax incentives and investment privileges.

Companies in tech, manufacturing, R&D, software, digital services, logistics, biotech, and other promoted sectors.

Businesses planning to hire foreign experts, import machinery, and expand operations with reduced regulatory barriers.

Investors seeking 100% foreign ownership (allowed for most BOI-promoted activities).

Key Requirements

Business activity must fall under a BOI-promoted category.

Submission of a detailed business plan, investment plan, and technology overview.

Minimum investment (excluding land & working capital) generally 1 million THB or more, depending on activity.

Demonstrate capability (financial & technical) to carry out the project.

Establish a Thai limited company once BOI approval is granted.

Meet BOI-specific performance obligations (e

g., employment, machinery import, project timeline).

Clients need to provide the following information / documents

Document Name

Notarized

Passport/ID of all shareholders & directors

Foreign directors may require visa history

Company Name Reservation

Required for company incorporation

Parent company documents (if corporate shareholder)

Certificate of Incorporation & Articles

Yes

BOI Business Plan

Must include tech, manpower, investment details

Financial statements of parent company

Shows financial capability

Yes

Technology or workflow description

Required for most BOI tech categories

Machinery/equipment list (if applicable)

For import duties and exemptions

Office lease or location information

Needed before submitting BOI Form BOI-02

Power of Attorney

For authorized representative

Yes

Average Processing Time

1–3 months for BOI approval + 1–2 weeks for company incorporation and obtaining BOI certificates.

Timing varies depending on BOI category, completeness of documentation, and review timeline.

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What you would get when the application is complete

BOI Promotion Certificate

Thai Company Registration Documents (if incorporating after approval)

Tax ID & VAT Certificate (if required)

Access to BOI rights and incentives (e

g., tax exemptions, work permits, machinery import privileges)

On-going Compliance Requirements

To stay compliant after approval and incorporation:

Submit annual BOI project progress reports

Maintain BOI-approved project scope, timelines, and investment plan

Perform annual audit & tax filings

Comply with BOI rules for foreign experts (e

g., visa, work permit reporting).

Notify BOI of material changes (shareholding, directors, address, project modifications)

Government Agencies Involved

Agencies involved in BOI promotion, incorporation, and compliance:

Thailand Board of Investment (BOI)

Primary agency evaluating, approving, and issuing BOI promotion certificates. Oversees project eligibility, incentives, and ongoing compliance.

Department of Business Development (DBD) – Ministry of Commerce

Handles incorporation of the BOI-promoted company after BOI approval.

Revenue Department (RD)

Oversees tax-related incentives, corporate income tax exemptions, VAT matters, and tax compliance.

Social Security Office (SSO)

Oversees employer registration and employee insurance once hiring begins.

Department of Industrial Works (DIW) (if applicable)

Required for certain manufacturing, factory, or industrial projects.

Food and Drug Administration (FDA) (if applicable)

For projects involving food, medical devices, cosmetics, pharmaceuticals, or related industries.

Ministry of Labour

Oversees work permit & visa processes for BOI companies (Fast-Track system).

One Stop Service Center (OSSC) (for BOI visa/work permit)

Handles expedited visas and work permits for BOI-promoted companies.

Industrial Estate Authority of Thailand (IEAT) (if applicable)

For companies located inside industrial estates or free zones.

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Consult With Our Corporate Advisory Team

Our team is ready to guide you through the full process. Reach us on WeChat or WhatsApp.