BOI’s Flood Relief Measures
Incentive measures by the Office of the Board of Investment often play an important role in reviving the economy in times of crises. The current flooding has had a severe impact on Thailand’s industry. The BOI has therefore approved a series of measures aimed at rehabilitating flood-affected companies as well as restoring investors’ confidence. These measures are as follows.
1. BOI CONTACT POINTS
The BOI has assigned the following contact points for BOI-promoted companies affected by floods that require assistance.
Agricultural and light industries
Ms. Warisara Phungtonglor Tel: 0 2553 8274 Email: email@example.com
Metal parts and machinery industries,
Ms. Anin Meksuksai Tel: 0 2553 8366 Email: firstname.lastname@example.org
Electronics and electrical appliances,
Ms. Nuntanart Krisnachinda Tel: 0 2553 8167 Email: email@example.com
Chemicals, paper, plastic, infrastructure and services,
Mr. Wuttichai Pisatphen Tel: 0 2553 8294 Email: firstname.lastname@example.org
Visa and Work Permits
Ms. Krongkanok Managijonggol Tel: 02 209 1166, 081 303 1337, Email: email@example.com
2. Measures(See Presentation, click here)
1. Machinery and raw materials can be moved from the factory to another location or exported in case of emergencies, and permission can be sought from the BOI later. (See details, click here.)
2. BOI-promoted companies are entitled to duty-free importation of machinery to replace existing machinery damaged by flooding. Applications for this incentive are required to be submitted by the end of June 2012. (Download Form, click here) Raw materials imported under section 36 (duty-free importation) that are damaged by the flooding can be counted as part of the waste allowance and therefore there will not be any tax burden.
3. Raw materials imported under section 36 (duty-free importation) that are still useable can be transferred to another BOI-promoted project that is still entitled to section 36.
4. BOI-promoted companies affected by flooding are allowed to outsource some part of their manufacturing process on a temporary basis to avoid business interruptions.
5. Additional tax incentives for projects directly affected by floods (See details, click here)
6. Facilitation Regarding Visa & Work Permit
6.1. Permission for urgently bringing in experts to work in
for not more than 30 days without non-immigrant B visa. ( Remarks: Applications and accompanying documents can be submitted via email) Thailand
- Urgent permission to bring in foreign skilled workers and experts to stay and work temporary for 30 days [Form Shor Kor 30 ( F FR NI 20)] (Download Form, click here)
- Notification for Engagement in Necessary and Urgent Work under Section 9 [Form Tor Tor 10] (Download Form, click here)
6.2. Facilitation in obtaining non-immigrant B visa in the case of experts staying in Thailand for more than 30 days (No Form – A Company Letter Only) and Expedited procedure in approving the entry and short-term stay of foreign experts (See details, click here.)