Tax Incentives

Business Registration/
Tax Incentives

Business Registration / Tax Incentives

RISE Innovation Hub makes it easy for foreign entrepreneurs and established businesses to start their company in Thailand. With our complete company registration services, you can have your Thai business registered from a single convenient place.

Register company in Thailand

Thai Company Limited (<49% foreign ownership)
BOI Promoted Company (100% foreign ownership)

BOI Promoted Company

The Office of the Board of Investment is a government agency under the Office of the Prime Minister. Its core roles and responsibilities are to promote valuable investment, both investment into Thailand and Thai overseas investment.

Investment Production Policies

Promote investment that helps enhance national competitiveness by encouraging Tech Startups, R&D, innovation, value creation in the agricultural, industrial and services sectors, SMEs, fair competition, and reduce social and economic disparity.

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.