Invest in Thailand with BOI Support | Fig Tree Consultancy
Full Ownership & Tax Perks with BOI
BOI Application Support
The Thailand Board of Investment (BOI) is a government agency that plays a vital role in promoting inward investment by offering a wide range of privileges to qualifying companies. BOI promotion enables foreign investors to legally conduct business in Thailand with greater flexibility, cost efficiency, and fewer restrictions compared to standard company structures.
At Fig Tree Consultancy, we provide end-to-end support for the BOI application process from evaluating eligibility to post-approval compliancensuring a smooth and successful experience for our clients.
Why Choose BOI Promotion?
BOI-promoted companies are eligible for significant incentives and privileges, including:
✅ Tax Incentives
- Corporate income tax (CIT) exemption for 3 to 8 years, depending on the project type
- 50% reduction in CIT for an additional 5 years (for certain projects)
- Exemption of import duties on machinery and raw materials used in production
- Double deductions for transportation, utilities, and infrastructure costs
✅ Non-Tax Incentives
- 100% foreign ownership even in industries restricted under Thailand Foreign Business Act
- Land ownership rights for business use (typically restricted to Thai nationals)
- Simplified work permits and visas for foreign skilled workers, executives, and experts
- Streamlined procedures and fast-track services from the BOI One Start One Stop Center (OSOS)
These incentives reduce startup and operating costs while giving foreign companies legal freedom to operate in high-value sectors.
Industries & Activities Eligible for BOI Promotion
The BOI focuses on activities that align with Thailand national development strategy (Thailand 4.0), particularly industries that promote innovation, technology, sustainability, and high-skilled employment.
1. Technology & Digital Businesses
- Software development and mobile applications
- FinTech, EdTech, HealthTech platforms
- Data centers, cloud computing services
- Artificial intelligence (AI), robotics, IoT
- Cybersecurity and blockchain solutions
2. Manufacturing and Industrial Sectors Electric vehicles (EV) and next-gen automotive
- Electric vehicles (EV) and next-gen automotive
- Electronics and microchips
- Smart machinery and automation systems
- Advanced materials, plastics, and composites
- Aerospace parts and aircraft maintenance
3. Agriculture & Food Innovation
- Smart farming, precision agriculture
- Vertical farming, aquaponics
- Organic food production
- Functional foods and food supplements
- Halal-certified food processing
4. Healthcare & Life Sciences
- Medical device manufacturing
- Biopharmaceuticals and vaccine production
- Hospital and wellness center investments
- Clinical research and lab facilities
- Elderly care and rehabilitation centers
5. Energy, Environment & Sustainability
- Renewable energy (solar, wind, biomass)
- EV charging stations and battery tech
- Wastewater treatment and recycling
- Energy conservation systems
- Sustainable packaging and eco-products
6. Logistics & Distribution
- Smart warehousing and automation
- Cross-border e-commerce logistics hubs
- Cold chain logistics for perishables
- Seaport, airport, and rail logistics
7. Education & Human Capital
- International schools and universities
- STEM and digital skill training centers
- Corporate training and e-learning platforms
8. Creative, Tourism & Lifestyle
- Health and wellness retreats
- Eco-tourism and cultural tourism projects
- Event and exhibition organizers (MICE)
- Creative industries: fashion, design, film
Our BOI Support Services
✅ Feasibility Review
- Assess your business model and advise on eligible BOI activity codes
✅ Project Proposal Development
- Draft detailed business plans, technology descriptions, financial projections, and HR plans as required by BOI
✅ Application Submission & Follow-up
- Handle the full application process, including coordination with BOI officers and answering any questions during review
✅ BOI Interview Preparation
- Coach your representatives for the BOI evaluation session
✅ Post-Approval Support
- Help with obtaining BOI certificates, tax IDs, foreign business licenses, and BOI work permits/visas
- Guide you on maintaining compliance with reporting and operational obligations
Is BOI Right for Your Business?
Not all companies require BOI promotion, but it can be a game-changer for foreign firms seeking to reduce startup costs, gain tax relief, or operate independently in Thailand. Sectors like software, medical devices, renewable energy, and logistics especially benefit from BOI support.
Interested in BOI promotion?
Click here to book a free consultation with our experts and discover how Fig Tree Consultancy can help you invest in Thailand with confidence.
Our Expertise
At Fig Tree Consultancy, we specialize in guiding foreign investors through Thailand’s BOI application process with precision and care. From initial eligibility assessment to post-approval compliance, our experts deliver tailored solutions that unlock full foreign ownership, tax incentives, and streamlined operations. We manage every step—business planning, documentation, BOI liaison, and permit support—ensuring a smooth, efficient, and successful investment journey.