How FRANK Legal & Tax Can Support You with Your BOI Application

From Application to Approval—We Navigate the BOI Process for Your Success.

Understanding BOI and Its Benefits for Your Business 

The Board of Investment (BOI) is a government agency in Thailand that promotes investment by offering various incentives to foreign investors. These incentives can include tax exemptions, import duty reductions, land ownership allowances, and work permits. The goal of the BOI is to encourage foreign businesses to invest in sectors that will benefit Thailand’s economy, such as technology, manufacturing, and research and development. 

Why FRANK Legal & Tax is Your Best Partner for BOI Applications 

At FRANK Legal & Tax, our team of experienced lawyers is equipped to support your BOI application process every step of the way. We help you navigate the complexities, ensuring a smooth application process and improving your chances of approval. With our legal expertise, we make the entire process easier and more efficient, allowing you to focus on your business growth while we handle the legal intricacies. 

BOI Application Requirements You Need to Know 

To apply for BOI promotion, certain requirements must be met: 

• Your business must operate within BOI-approved sectors 

• Minimum investment capital thresholds must be met 

• You must create economic value, such as through job creation, technology transfer, or innovation 

• Financial and legal compliance with Thai regulations is essential 

Our lawyers will ensure that your business meets all the necessary conditions to maximize your chances of approval. 

Steps to Successfully Apply for a BOI Promotion 

The process of applying for a BOI promotion involves several important stages. First, we conduct a pre-assessment to evaluate your business’s eligibility and gather all the required documentation. Once everything is in order, we move forward with submitting the application on your behalf, ensuring it is comprehensive and accurate. After submission, the BOI will review your application and may invite you for an interview to discuss your business in more detail. Our legal team will guide you through this interview to ensure you present your case effectively. Upon successful approval, you will receive your BOI promotion certificate, allowing you to enjoy the associated benefits. Finally, we will assist you with ongoing compliance to ensure your business continues to meet the BOI’s requirements throughout the promotion period, helping you maintain your eligibility for all incentives.  

The Challenges of Applying for a BOI Promotion 

While the BOI offers significant advantages, the application process can be daunting and complex. The documentation requirements, detailed financial assessments, and the interview process can overwhelm businesses without legal expertise. Mistakes or delays in your application could lead to rejection or lengthy processing times. 

How We Make the BOI Application Process Easier 

Here’s where FRANK Legal & Tax stands out. Our legal experts simplify the entire BOI application process by: 

• Pre-emptively identifying potential issues and ensuring all documentation is in order 

• Handling complex legal aspects that may be difficult for non-experts to navigate 

• Representing you during BOI interviews, ensuring clarity and confidence 

• Providing ongoing advice to keep you compliant with BOI conditions, increasing your chances of success 

Applying for BOI promotion is far more efficient and less risky with the guidance of our skilled lawyers. We help you avoid pitfalls that could delay your application or hinder your chances of success. 

Partner with Us for a Seamless BOI Application Experience 

Applying for a BOI promotion in Thailand can be a complex and time-consuming process, but with FRANK Legal & Tax on your side, the journey becomes much easier. Our experienced lawyers will guide you through the requirements, documentation, and application steps, improving your chances of securing the promotion and allowing you to focus on what matters most—your business. Let us simplify the process and help you succeed.