Certified Public Accountants & Business Advisors




Policies for Investment Promotion

In order to achieve the vision, the Board of Investment has set investment promotion policies as follows:

  • 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 inclusive growth
  • 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 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 development 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

Eligible Business Categories for BOI Promotion

  • Agriculture and Agricultural Products
  • Light Industry
  • Electronic Industry and Electric Appliances
  • Services and Public Utilities
  • Mining, Ceramics and Basic Metals
  • Metal Products, Machinery and Transport Equipment
  • Chemicals, Paper and Plastics
  • Technology and Innovation Development


BOI Incentives

Tax Incentives Non-Tax Incentives
  • Exemption/reduction of import duties on machinery (Section28/29)
  • Reduction of import duties for raw or essential materials (Section 30)
  • Exemption of corporate income tax and juristic person income tax. (Section 31 and 34)
  • A 50 percent reduction of the corporate income tax (Section 35(1))
  • Double deduction from the costs of transportation, electricity and water supply (Section35(2))
  • Additional 25 percent deduction of the cost of installation or construction of facilities (Section35(3))
  • Exemption of import duty on raw or essential materials imported for use in production for export (Section 36)
  • Permit for foreign nationals to enter the Kingdom for the purpose of studying investment opportunities. (Section 24)
  • Permit to bring into the Kingdom skilled workers and experts to work in investment promoted activities (Section 25 and 26)
  • Permit to own land (Section 27)
  • Permit to take out or remit money abroad in foreign currency (Section 37)


source : boi.go.th