Thailand BOI Revises Land Ownership Allowance for Foreign Companies
Thailand’s Board of Investment (BOI) has issued regulations revising its criteria for certain foreign companies that receive promotional privileges to own land under limited circumstances. The revised allowance is detailed in the Notification of the Board of Investment No. 16/2567 Re: Criteria for Permitting Foreign Juristic Persons Receiving Investment Promotion to Hold Land Ownership for […]
Thailand Regulates Cash-on-Delivery Logistics Services
On July 3, 2024, the Committee on Contracts of Thailand’s Consumer Protection Board announced the Notification re: Stipulation of Cash-on-Delivery (COD) Logistics Services as a Controlled-Receipt Business under the Consumer Protection Act B.E. 2522 (1979). The notification regulates businesses “providing goods transportation services that collect cash on delivery,” which refers to business operators responsible for […]
“Prospects of Success” and “Good Faith” in Thai Business Rehabilitation Petitions
Over the past decade, business rehabilitation proceedings in Thai courts have received a great deal of attention from debtors and creditors, especially after the COVID-19 pandemic. Business rehabilitation and bankruptcy proceedings have different objectives in court. As a result, Thai courts have a different perspective and set of criteria for considering and approving rehabilitation proceedings […]
BOI Adjusts Conditions for Investment Promotion to EV Charging Stations
BOI Expands Promoted Activities for Electric Vehicle Manufacturers
Thailand’s Board of Investment (BOI) recently published BOI Notification No. Sor. 8/2564, which extends the scope of investment promotion covering electronic vehicle (EV) industry manufacturers to include the production of “automotive platforms” for electric vehicles, and creates a new category of BOI promoted activities covering the manufacture of electric bicycles (E-bikes).Automotive PlatformsThe following investment promotion […]
Innovation is key: BOI announces new Digital Services Platform and Digital Content Category
As part of its efforts to revamp its promotion policies for digital businesses, Thailand’s Board of Investment (BOI) announced on 16 September 2021 that it will cancel individual promotional categories for software development, e-commerce, and digital services to combine them under Category 5.10. According to the BOI, these changes are aimed towards a greater focus […]
Thailand Investment Review (TIR) vol.31 June 2021
Thailand Investment Review (TIR) vol.31 May 2021
BOI confident “SMART Visa” to support targeted industries and attract more experts, executives, and investors
Source: Thailand Board of Investment Thailand has been making a series of efforts in driving the economy through innovation. The Thai Government has taken another step to attract talents and technologies with a view to further developing its targeted industries or the so called S-Curve industries. The SMART Visa program has then been designed to […]
