our vision
To promote valuable investment to restructure Thailand’s economy into new economy by achieving 3 aspects consisting of:
1. Innovative: Being an economy that is driven by technology, innovation and creativity.
2. Competitive: Being an economy that is competitive, adaptive and generate high growth.
3. Inclusive: Being an economy that values environmental and social sustainability, creates opportunity and reduces inequality.
INVESTMENT PROMOTION POLICIES
- In order to achieve the vision, the Board of Investment has set 7 milestones of investment promotion as follows:
- 1. Restructure the industry by enhancing the prevailing industry along with building up new industrial bases, which Thailand has potential, and strengthening the supply chain
- 2. Accelerate the transition to Smart and Sustainable Industry of new investments and the enhancement of existing entrepreneurs
- 3. Advance Thailand as international business hub and regional trade and investment gateway
- 4. Develop strength and global connectivity of small and medium enterprise (SMEs) and Startup
- 5. Promote investment based on potential of the area, to create growth inclusively
- 6. Encourage promoted enterprise to engage in communal and social development
- 7. Promote Thai overseas investment to expand business opportunities and Thailand’s role in the global economy

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 in 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.
- Provide advice and information on investment opportunities and rules & regulations on BOI investment promotion.
- Link investors with government agencies & private sector to facilitate business operation such as company establishment and work permit application process.
- Provide support on industrial linkage and sourcing of local suppliers.
- Provides support on the identification of potential investors.
- Provide services in identifying and recognition of foreign specialists or researchers in science and technology by BOI Strategic Talent Center (STC).
- Provide counsel on overseas investment and provide training courses on overseas investment for Thai investors.

Source : Announcement of the Board of Investment No. 8/2565 Announcement of the Board of Investment No. 9/2565