1. Background
During the 3rd and 4th quarter of this year, the Board of Investment of Thailand (the “BOI”) committee approved several investment promotion packages and amended some of the existing conditions to encourage investment in various sectors in response to changing global trends. The key takeaways of these updates can be divided into three categories as follows:
1) New businesses eligible for the
BOI promotions The following activities have been added as businesses eligible for the BOI promotions.
2) Amendment of conditions relating to existing businesses eligible for the BOI promotions
2.1 Trade Investment Support Office (“TISO”) and International Business Center (“IBC”)4
The scope of activities of TISO and IBC has been extended to cover the provision of loans to associated enterprises both in Thailand and overseas, which must be done in either one of the…
