New non-tax-related incentives for legal entities that are majority foreign-owned
The BOI has approved a new measure to attract foreign investment in Thailand. The new measure will allow a legal entity that is majority foreign-owned and which has paid-up capital of at least THB 50 million to own land for setting up an office and providing residential premises for executives and foreign experts.
Keywords: Mazars, Thailand, Legal, BOI, Foreign investment
12 July 2022
The BOI will issue an announcement on the conditions for receiving this incentive soon.
Reference: The Board of Investment