Applying for Investment Incentives and Tax Privileges
Scope of Consulting Services and BOI Customs/Procedures Clearance Representative
Subnarai Business Co., Ltd. provides comprehensive advisory and agency services for BOI investment promotion applications. We offer expert guidance on relevant laws, regulations, criteria, and operational procedures under the Investment Promotion Act B.E. 2520 (1977), as well as announcements and regulations issued by the Board of Investment (BOI) and other related authorities.
Contact Us / Our Services
1. Machinery Tax & Duty Privileges
* Permission for bank guarantee waivers on machinery duties
* Extension of bank guarantee periods for machinery customs duties
* Exemption, reduction, or refund of import duties on machinery
* Release/Withdrawal of bank guarantees used in lieu of duty payments
* Extension of import periods for machinery and molds for other purposes
* Permission to use BOI-promoted machinery under hire-purchase or leasing agreements
* Permission to sell, transfer, or donate promoted machinery
* Permission to mortgage promoted machinery
* Permission to re-export promoted machinery
* Account settlement/discharge of duty liabilities on machinery
* Permission to use promoted machinery for other purposes or by third parties
* Permission to sell machinery (with no duty liabilities)
* Permission to transfer machinery
* Customs Department notification of machinery sale approvals
* Other related machinery procedures…
2. Project Amendments & Land Rights
Project Amendments
* Duty-free import permission for replacement machinery
* Amendment approval and reporting regarding registered capital
* Amendment approval for shareholding ratios
* Permission to relocate, add, or reduce factory/business sites
* Other related project amendments…
Land Ownership Privileges
* Authorization to utilize land rights and privileges
* Permission to acquire additional land ownership
* Permission to sell/dispose of land
* Other related land procedures…
3. Operational Reporting
* Submission of annual operation result reports for BOI-promoted companies (Form TS. 310)
4. Full Operation Permit Inspection
* Application for BOI Full Operation Permit
5. ISO Condition Inspection
* Reporting and compliance verification for ISO certification conditions
6. Extension of Full Operation Deadline
* Requesting time extensions to satisfy full operation conditions
7. Project Progress Reporting
* Submitting project progress and implementation reports
8. Corporate Income Tax Exemption
* Application for Corporate Income Tax (CIT) exemption privileges
9. Temporary Business Suspension
* Application for temporary suspension of operations
10. Foreign Experts and Skilled Technicians
* Permission for foreign nationals to reside in the Kingdom to study investment opportunities or perform beneficial activities for investment
* Position approvals for foreign experts/technicians
* Permission to bring in foreign experts and skilled technicians for promoted businesses
* Extension of stay/work permission in the Kingdom
* Notification of position termination for foreign personnel
* Other related foreign labor procedures…
11. Raw Material Tax & Duty Privileges
* Import duty exemption releases for raw materials
* Release/Withdrawal of bank guarantees used for raw material import duties
* Request for bank guarantee waivers on raw materials
* Extension of bank guarantee periods for raw materials
* Partial reduction of import duties (by designated percentage) on raw materials and essential supplies
* Extension of raw material import periods
* Import volume and inventory balance reporting for raw materials and essential supplies
* Duty payment applications for finished products
* Permission to export raw materials, essential supplies, or scrap/waste items
* Permission to transfer imported raw materials to other BOI-promoted companies for export production
* Receiving transferred imported raw materials for export production
* Other related raw material procedures…
12. Production Formulas & Maximum Stock Accounts
* Approval for production formulas
* Approval for maximum stock balance limits
* Amendments to maximum stock balance limits
* Amendments to production formulas
* Consolidation of raw material and essential supply stock accounts
* Permission to store raw materials, scrap, or products off-site
13. Other Services (Please Contact Us)
* General BOI Investment Promotion applications
* Applications for special measures and incentives
* Requesting rights and protections under the Investment Promotion Act