• The OBOI will inform the applicant in writing within
7 working days of the approval date, detailing the conditions,
privileges and benefits granted. An application form
for the promotion certificate will be attached, together
with the notification of approval
• Upon receipt of the OBOI letter approving the project,
the applicant must reply by completing the form of promotion
acceptance and sending it back to the OBOI within one
month. If any changes or special conditions and privileges
are sought, they should be requested at that time
• If the applicant is unable to reply within the stated
time limit, a letter of clarification should be sent
to the OBOI, which will consider extending the deadline
by not more than one month at a time, up to a maximum
of three times
• In order to receive the investment promotion certificate,
the applicant must set up the company within six months
of accepting the approval, and submit all of the following
documents to the OBOI:
– Application form for promotion certificate
– The memorandum of association
– The certificate of business registration
– A certificate stating the registered capital, a list
of directors indicating those empowered to bind the
company, and the address of the head office
– A list of the shareholders and their nationalities
– A document showing the transfer of funds from overseas,
or a certificate of investment from overseas issued
by the Bank of Thailand for foreign investors
– A joint venture contract, licensing agreement, technical
assistance contract and/or technology transfer contract
(if any)
– Form of utility and manpower requirements.
• If the applicant is unable to submit the documents
within the required time frame, an explanatory letter
must be sent to the OBOI, which will consider extending
the deadline by four months at a time, up to a maximum
of three times
• The OBOI will issue the investment promotion certificate
after receipt of all specified documents, and the promoted
company must follow the conditions laid out in the Certificate.
If there are any discrepancies or errors, or if an amendment
is sought, the OBOI must be notified in writ- ing, with
all relevant documents attached.
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