factory price DOP-Business Finance Thailand

  • factory price DOP-Business Finance Thailand
  • factory price DOP-Business Finance Thailand
  • factory price DOP-Business Finance Thailand
  • How much does a Boi promotion cost in Thailand?
  • BOI promoted businesses aren’t bound by the four-to-one ratio of Thai to foreign workers, nor the amount of paid capital you need to hire foreign employees. You don’t pay any government fees for applying for a BOI promotion. But that doesn’t mean applying is free.
  • What is Thailand's Board of investment?
  • What is Thailand’s Board of Investment?
  • Thailand’s Board of Investment, or BOI, is a government organization that: The BOI’s role is to help you invest in and open businesses in Thailand while providing you with benefits along the way, including up to 13 years of tax exemption, 100% foreign ownership, and work permit and visa help.
  • What is a Boi & how does it work in Thailand?
  • The BOI’s role is to help you invest in and open businesses in Thailand while providing you with benefits along the way, including up to 13 years of tax exemption, 100% foreign ownership, and work permit and visa help. If your company gets promoted by the BOI your company gets both tax and non-tax benefits. The tax benefits include:
  • How many shareholders can a company have in Thailand?
  • If you register a company in Thailand you can own only 49% of the total company shares. But you can own 100% of your company when your company is promoted by the BOI. You have to find two other shareholders because you need at least three shareholders on a company’s registration. Shareholders can be family members of friends.
  • How much tax exemption do you get in Thailand?
  • You usually get a corporate income tax exemption of 50% of the total amount invested in your company. The limit can be more or less depending on your business category. Even with a tax exemption cap of 50% your company benefits from the lower cost of doing business in Thailand.
  • Can I hire Thai employees if my company is promoted?
  • You must have Thai employees in your company even if your company is promoted by the BOI. Before you hire foreign employees you must get approval from the BOI through the e-Expert system. Your foreign employees must also regularly transfer skills and knowledge to your Thai employees. The BOI calls this “technology transfer.”

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