Thailand Board of Investment, Australia

About Thailand Board of Investment, Australia

Thailand Board of Investment, Australia (BOI Sydney Office) is the Thai government agency under the Office of the Prime Minister of Thailand as well as the Royal Thai Consulate-General, Sydney. BOI Sydney Office is mainly in charge of providing assistance to any interested investors in the Oceania, esp. Australians and New Zealanders who seek the currently available tax and non-taxed incentives and legally governmental support for their business establishment/operation in Thailand. Specialties: All advice on investing in Thailand, taxation, identification of potential suppliers/ subcontractors and business partners and costs of doing business in this country are "free of charge". Service Overview: Enhancing competitiveness and investment facilitation • Offers an attractive and competitive package of tax incentives such as corporate income tax exemption for up to 8 years, exemption or reduction of import duties on machinery and exemption or reduction of import duties on raw materials • Imposes no foreign equity restrictions on manufacturing activities or on some services • Provides assistance in the provision of visas and work permits to facilitate entry and subsequent operation for a foreign-owned business • Waives restrictions on land ownership by foreign entities Business support services • Provides comprehensive information and advice on establishing operations in Thailand • Arranges site visits • Identifies potential suppliers, subcontractors, joint-venture partners • Provides useful contacts with key public and private organizations • Coordinates between the foreign business community and other public agencies

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