Board of Investment Application
While a FBL is required for foreign companies, BOI grants you an exemption of FBL, plus certain benefits promoted by the government. However, only certain types of business are eligible for BOI application and there are many requirements to comply upon BOI’s conditions. Please have a look for more information in “KNOW THE LAWS” section or contact us for more details.
How does it work?
Similar to FBL application, you will be asked to provide information and documents about your business. This can be very detailed such as; your business model, potential clients, employment, budget, etc. We will review your information and draft your applications for BOI, then the applications will be sent to you for signatory before submission to the Board of Investment, which may take around 3 months (normally more than that) for consideration. The request for additional information, documents and interview may be made by the officer and will be taken care until completion and the license is issued.
How much is the Fee?
The fee for BOI application is a fixed rate fee at 75,000 Baht. The scope of work includes taking care of interview process, coordinating and following up with officer until the license is issued.
*The fee is excluded government fee and taxation where applicable. The transportation expense may be charged in case of working outside Bangkok.
*The process and timeline given here are for a general case and may be changed subject to relevant authority’s consideration and additional documents may be needed upon authority’s request.