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    BoI special deduction could create a double-edged sword

    Business, Lawalliance Limited Company, Published on 10/02/2015

    » The promotional programme of the Board of Investment (BoI), with its tax incentives, has often been considered by business operators a potential source of tax indulgences to take advantage of. Complex rules must be followed to enjoy the incentives, one of which eliminates tax on dividends paid from profits from BoI-promoted operations. But beware of the distortions that can result when it comes to determining the net amount of dividends that can be paid tax-free.


    The New BOI Act promotes technology and offers additional incentives

    Published on 31/03/2017

    » Investment in Asia, especially in Thailand, is growing significantly. Therefore, the Thai government, under the leadership of Prime Minister Gen. Prayut Chan-o-cha, has encouraged related government agencies to take measures to boost investment in the country, improve the investment environment to be ready for "Thailand 4.0" and to become the world’s investment destination.


    BOI’s Incentives in the EEC

    Published on 28/02/2017

    » <b>Chachoengsao, Chonburi and Rayong Provinces</b> have been designated for the development of the Eastern Economic Corridor (EEC), a pilot project for the economic development of Thailand’s Eastern Seaboard. Over the past 30 years, these three provinces have been developed to support the fast growing industries. It was the “eras of industrial revolution”. In 1987, Map Ta Phut industrial estate was established and it was the beginning of the development of Thai heavy industry, such as petrochemical, auto and electronics industries. These eras are also called Thailand 3.0. Today, Thailand is ready to move forward to the era of Thailand 4.0.

  • NEWS

    What about Industry 3.0?

    Business, Published on 10/10/2016

    » Thailand has been aggressively promoting investment privileges through its Board of Investment (BoI) to attract high-technology industries and drive the economy towards the "Thailand 4.0" era.


    Post-flood export recovery plans

    Jon Fernquest, Published on 19/10/2011

    » 40% fall in exports forecast. Hard drive, auto, shoe producers & govt BoI act quickly to resume production. Factories move to non-flood areas.


    Closing a company, retirement funds and investment costs

    Business, Published on 18/08/2014

    » nnn I had an export company promoted by Thailand's Board of Investment and due to an increase in labour wages I had no choice but to shut it down. I went through all the processes with BoI and everything went smoothly. Later I completed the process of officially closing the company with the Business Development Department as required by law. I have submitted documents to the Revenue Department informing them of the company's closure. I was told they may audit some documents. Once that is through, I am not sure as to how long I am required to keep the old documents such as invoices, customs entries, payment details and bank transfers etc. Please advise.


    Toyota head aims to steer EV market

    Business, Piyachart Maikaew, Published on 29/11/2017

    » The government policy to promote the country's automotive industry as a hub for electric vehicles (EV) has Toyota Motor Thailand, the local unit of the Japanese car maker, optimistic about future hybrid car manufacturing here.


    Bridgestone tags Thailand as Asia hub

    Business, Piyachart Maikaew, Published on 23/10/2017

    » Japan-based Bridgestone Corporation, the world's largest tyre maker, remains confident about its Thai business becoming the regional hub of Asia-Pacific in the long run.

  • NEWS

    Who wants in on the EEC?

    Business, Published on 09/10/2017

    » The much-awaited Eastern Economic Corridor (EEC) bill has already passed its first reading by the National Legislative Assembly (NLA) and is expected to be implemented by the end of the year.


    New tax rates set to spark electric car surge

    Business, Piyachart Maikaew, Published on 22/06/2017

    » Local demand for electric vehicles (EVs) are set to surge in the near future, thanks to the new preferential excise tax rates aimed at promoting EV development, says the Federation of Thai Industries (FTI).

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