The Thailand Board of Investment (BOI) has revised the scope for IBC/TISO by adding new scope to provide lending to associated enterprises to allow more flexible operations by foreign multinationals providing services to associated enterprises both domestically and internationally, and to strengthen Thailand’s position as an international business hub.
International Business Center: IBC
- Proposed projects must have a business plan for providing services for associated enterprises as prescribed by the BOI.
*BOI adds the scope to provide lending to associated enterprises.*
- In case of operating international trade business or lending to associated enterprises, at least one scope of other businesses prescribed by the BOI must be involved.
Promoted projects will enjoy
- exemption of import duties on machinery (only machinery for R&D and training).
- non-tax incentives.
Trade and Investment Support Office: TISO
- Proposed projects must have business plan and scope of business as prescribed by the BOI.
*BOI adds the scope to allow companies that do not operate a treasury center provide lending to associated enterprises.*
- In case of lending to associated enterprises, at least one scope of other businesses not related to lending prescribed by the BOI must be involved.
Promoted projects will enjoy non-tax incentives.
.....................................................................................................
For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
E-mail: head@boi.go.th
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand
