Thailand is a Kingdom of Opportunity

Thailand is The Kingdom of Opportunity. The Royal Place in Bangkok

The Time is Now ‧ Invest in Thailand

When it comes to business, it’s time to choose the smart location with a global impact. That is Thailand.
  • It’s time to connect worldwide through advanced logistics networks.
  • It’s time to grow in a smart hub for energy for technology and innovation with a dynamic business ecosystem.
  • It’s time to reap the benefits of full government support.
  • It’s time to invest in an environment with the expertise that will give your business a competitive edge.
The opportunities abound in any sector. The time is now. Invest in Thailand in a smart way.


The Office of the Board of Investment (BOI) is a government agency under the Office of the Prime Minister. Its core roles and responsibilities are to promote valuable investment, both investment into Thailand and Thai overseas investment.

Investment Promotion Policies

  • Promote investment that helps enhance national competitiveness by encouraging R&D, innovation, value creation in the agricultural, industrial, and services sectors, SMEs, fair competition, and reduce social and economic disparity.
  • Promote activities that are environment-friendly, save energy or use alternative energy to drive balanced and sustainable growth.
  • Promote clusters to create investment concentration in accordance with regional potential and to strengthen value chains.
  • Promote investment in border provinces in Southern Thailand to help develop the local economy, which will support efforts to enhance security in the area.
  • Promote special economic zones, especially in border areas, both inside and outside industrial estates, to create economic connectivity with neighboring countries and to prepare for entry into the ASEAN Economic Community (AEC).
  • Promote Thai overseas investment to enhance the competitiveness of Thai businesses and Thailand’s role in the global economy.

Investment Incentive

Tax Incentives
  • Exemption of corporate income tax for up to 13 years (According to activity & conditions).
  • 50 percent reduction in corporate income tax for 5 years (only in special investment promotion zones).
  • Exemption of import duties on machinery.
  • Exemption of import duties on raw or essential materials used in production for export.
  • Exemption of import duties on raw or essential materials used for research and development purposes.
Non-Tax Incentives
  • 100% foreign ownership (except activities under List One annexed to the Foreign Business Act B.E 2542 (1999) or stated in other laws).
  • Permit to own land.
  • Permit to bring in skilled workers and experts to work into the Kingdom.

Popular posts from this digital world this month

Mahashivratri is the Great Night of Shiva on Phuket

Image
The fourteenth day of every lunar month or the day before the new moon is known as Shivratri. Among all the twelve Shivratris that occur in a calendar year, Mahashivratri, the one that occurs in February-March is of the most spiritual significance. On the night of March 11, 2021, the northern hemisphere of the planet is positioned in such a way that there is a natural upsurge of energy in a human being. This is a day when nature is pushing one towards one’s spiritual peak. Mahashivratri is the day of Lord Shiva. Wherever there is beauty, truth, and benevolence, there is Shiva. You can download all photos in their original size and high quality on  Adobe Stock Images  or  Shutterstock . Inspiring assets are waiting for you!
Read more

Central Bank Digital Currencies of Thailand and Russia

Image
The XV Regional Conference of Russian Compatriots of Asian Countries "Russia and Asian Countries in the new geopolitical situation: the role of compatriots in international cooperation" was held on September 10-11, 2022 at the Amara Bangkok Hotel, Bangkok, Thailand. The conference heard a report by Evgeniy Zhukovets , an entrepreneur and member of the Union of Russian Compatriots in Thailand, who leads a number of innovative research projects and developments in Southeast Asian countries, on the possibilities of using Central Bank Digital Currencies (CBDC) developed by Central Banks of Russia and Thailand in cross-border settlements in trade and investment cooperation in connection with plans to create a Russian Foreign Chamber of Commerce, and decided, based on the results of the report, to issue and send to the relevant state bodies and public organizations of the Russian Federation the following technological innovation proposal: Special Innovative Offer for Cross-border
Read more

30th Anniversary of Diplomatic Relations between Belarus and Thailand

Image
The 30th Anniversary of the establishment of diplomatic relations between 🇧🇾 the Republic of Belarus and 🇹🇭 the Kingdom of Thailand is marked in 2022 (established on July 21, 1992). 📈 The constantly growing trade turnover of the Republic of Belarus with the Kingdom of Thailand in 2021 amounted to $134.9 million: ⤑ $94.8 million - exports, ⤑ $40.1 million - imports. ➡️ The basis of Belarusian exports to Thailand are: ‧ potash fertilizers; ‧ printed books and brochures; ‧ milk whey; ‧ fur and fur raw materials. ⬅️ Leading import positions from Thailand: ‧ tires; ‧ computing machines; ‧ nuts and fruits; ‧ hygienic or pharmaceutical products made of rubber; ‧ electronic integrated circuits; ‧ vulcanized rubber threads and cord. ☁️ Source: Ministry of Foreign Affairs of Belarus
Read more