What Is the BOI? Essential Incentives You Must Know When Investing in Thailand! Partner with Thailand’s BOI to Unlock New Investment Opportunities in Thailand!

Key Terms for Investing in Thailand! What Is the Thai BOI?

The Board of Investment of Thailand (BOI) is a key agency of the Thai government dedicated to promoting domestic and foreign investment in Thailand, accelerating industrial upgrading and technological innovation, and thereby fostering Thailand’s economic growth.

The 4 Major Advantages of Thailand's BOI

The advantage of the BOI lies in the Thai government’s provision of a range of investment incentives, including tax breaks (such as corporate income tax exemptions for up to 16 years and import duty exemptions) and investment subsidies, which significantly reduce operating costs for businesses. In addition, non-tax incentives—such as a streamlined work permit application process—make it easier for foreign professionals to work in Thailand. These measures not only alleviate the financial burden on businesses but also increase the willingness of foreign countries to invest in Thailand, helping overseas companies overcome barriers to entering the Thai market and achieve long-term operations and sustainable development.

In addition, the BOI provides customized services and support for investment projects across various industries. From traditional manufacturing to high-tech sectors—such as biotechnology, the digital economy, and advanced manufacturing—there are corresponding preferential policies in place to encourage innovation and technological upgrading. For example, to promote the development of high-tech industries, the BOI provides additional tax breaks and financial support to companies engaged in research and development and innovation activities.

In addition to key industrial projects, the BOI is also committed to promoting regional economic development by offering additional incentives to companies investing in the Eastern Economic Corridor (EEC) and other designated economic zones, including longer-term tax exemptions, land lease rights, and other non-tax incentives. These measures are designed to attract more foreign investment and drive the diversification and sustainable development of Thailand’s economy.

What are the distinctive features of Thailand's BOI?

The BOI is distinguished by its comprehensive range of services, offering investors a one-stop service platform that covers everything from pre-investment consulting and project evaluation to resolving various issues that may arise after investment. The BOI offers more than just financial incentives; it also assists companies in resolving administrative and legal issues they may encounter while operating in Thailand, as well as providing market information, human resources training, and business matchmaking services. Furthermore, the BOI provides foreign investors with a stable, transparent, and convenient investment environment, strengthening Thailand’s connections with global markets and establishing the country as a key hub for attracting foreign investment in Southeast Asia.

The Board of Investment (BOI) of Thailand will streamline the investment process:

• Streamline investment procedures and expedite administrative approvals to improve investment efficiency.
• Establish a one-stop service center to provide investors with comprehensive consultation and support.

Six Key Areas and Projects for Cooperation with Thailand’s BOI

Thailand’s Board of Investment (BOI) places special emphasis on future-oriented industries such as high technology, green energy, and the digital economy. It actively attracts foreign-invested enterprises in these fields and provides them with comprehensive services, including financial support, technical cooperation, and talent training, to promote the transformation and upgrading of Thailand’s industrial structure. The following are the key areas and projects in which the BOI focuses its cooperation:

• 1. High-Tech Industries: Thailand’s Board of Investment (BOI) actively seeks to attract investment in high-tech industries, particularly in the fields of semiconductors, high-performance computing, artificial intelligence, the Internet of Things, information technology, biotechnology, and nanotechnology. For example, in the semiconductor sector, the BOI supports the establishment of wafer fabs and packaging and testing facilities by offering tax breaks and duty-free imports of machinery and equipment.

• 2. Green Energy and Environmental Protection: The BOI encourages investment in solar panel manufacturing, wind power generation, and waste management and recycling technologies. In particular, the BOI offers a range of preferential policies for projects that reduce carbon footprints and improve energy efficiency, such as renewable energy power plants and environmentally friendly waste treatment facilities.

• 3. Advanced Manufacturing: Thailand’s Board of Investment (BOI) supports the development of advanced manufacturing, including automotive and parts manufacturing, as well as the production of precision machinery and high-end electronic products. For example, the BOI offers generous tax incentives and technical support to industries involved in the production of high-performance electric vehicles and automated smart manufacturing equipment.

• 4. Creative and Digital Economy: The BOI encourages investment in digital content, software development, e-commerce, creative industries, and projects related to digital transformation, such as animation and game development. The support provided by the BOI includes tax exemptions, additional tax incentives for R&D investments, and assistance with marketing and talent training.

• 5. Agricultural and Food Technology: The BOI encourages the use of advanced technologies to enhance agricultural productivity and innovation in food processing. This includes smart agriculture projects, high-quality and high-value-added food processing, and the development of biotechnology for agricultural products. Investors are eligible for tax incentives and preferential treatment regarding import duties on equipment.

• 6. Healthcare and Medical Services: The BOI supports the manufacturing of medical devices, biomedical research, healthcare services, and the research, development, and production of pharmaceutical products. In particular, for investment projects that introduce advanced medical technologies and services—such as specialized hospitals and medical research centers—the BOI provides tax incentives, investment subsidies, and support for research and development activities.

According to data, Thailand’s Board of Investment (BOI) has partnered with numerous Taiwanese companies across a wide range of industries, including electronics, rubber, steel, and petrochemicals. In recent years, the BOI has continuously attracted foreign investment into Thailand, emerging as a new “Thai” force that cannot be underestimated.

Summary of the Six Key Areas of Cooperation for the BOI:

How to learn more about Thailand's BOI:

1. Visit the BOI official website:

The official website of the Board of Investment (BOI) of Thailand provides comprehensive information and resources, which investors can access at the following URL:

• Website URL:https://www.boi.go.th

On the BOI’s official website, investors can find detailed information about Thailand’s investment environment, incentive policies, application processes, industry guides, and success stories. The website also offers various tools and services, such as an investment calculator, a regulatory database, and an online application system, to help investors plan and execute their investment projects in Thailand. In addition, the BOI’s official website is available in multiple languages, including English and Thai, making it accessible to investors from various countries.

2. Contact your local BOI office:

The Thai BOI maintains numerous offices worldwide, including locations in major business centers and within Thailand itself. Investors can contact their nearest BOI office directly to speak with staff in person and receive tailored consulting services.

For information on the Thai BOI’s offices in Taiwan, please visit the Thai BOI’s official website, which provides contact information for its offices worldwide—including addresses, phone numbers, and email addresses—to assist global investors in seeking support. By communicating directly with local offices, investors can obtain the latest information on investment policies, guidance on application procedures, and other necessary support services.

3. Work with BOI’s professional consultants:

Investors may choose to work with professional investment advisory firms to gain a deeper understanding of Thailand’s investment environment and the BOI’s incentive policies. Typically, these firms have a more comprehensive and up-to-date understanding of the latest investment policies than the BOI offices in Thailand, and they can quickly address investors’ full range of needs.

New Lianjie International Real Estate, with integrity, responsibility, professionalism, trust, and attention to detail as its core values, has been deeply rooted in Thailand’s investment market for over a decade. As a leading brand in Thai investment, it provides professional and in-depth real estate market analysis to assist investors with their investment plans, risk assessments, and legal consultations, among other services. Xinlianjie International Real Estate offers comprehensive solutions for investing in and purchasing property in Thailand. If you have any questions, please feel free to contact us immediately.Contact Us for a Consultation。

• Company Name:New Lianjie International Real Estate—Experts in Thailand’s BOI
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