This year is the year for service renovation that integrates website and investment database, preparing to welcome returning investors. BOI provides investors complete information on investment and promote projects with incentives other than on taxation such as permission to own land or work permit for foreign workers to make it convenient to do business in Thailand. As IT platform enables investors more convenience, it is necessary to level up the system to be at an international standard for information accessibility and contacting. BOI truly understand situations and requirements, thus there has been service system upgrading and e-Service driven operation being put in priorities, empowering BOI to interact with clients seamlessly.
Also, the Board of Investment has agreed to promote high standard housing for the betterment of the life of workers and to extend the promotion period for investments in the ten Special Economic Zones to the end of Duangji Asawachintachit, revealed that promotion measures approved by the board will have positive effects on the people and the country.
The city is designed with an aim to upgrade qualify of life in 6 platforms, including efficient transport Smart Mobilitylife security Smart Livingefficient public services Smart Governanceeducation and social equitability Smart Peoplegreen energy, clean and safe environment Smart Energy and Environmentand ease of doing business Smart Economy.
The prime area of investment promotion for the city includes two major activities; Smart City Development: The Board of Investment offers incentives for investors planning to design Smart City Infrastructure Systems that includes telecommunication infrastructure as public Wi-Fi provision, Open Data Platform schemes, and fiber optics.
Incentive scheme to support intelligent network developers. The scheme has been developed to benefit the IT system developers, creating, installing and providing at one of the 6 regions of targeted services in support of the Smart City system.
Investment projects under these two categories will be allowed 8-year of corporate income tax exemption. Technology and Innovation The Board of Investment approved incentive schemes for investments in both science and technology.
Tax incentives will be given to technology development activities to attract more number of investments in the EEC. Additionally, this scheme ensures that the workers have access to the international standard housing.
Though this measure is applied to projects nationwide, the incentive schemes vary. However, the applications must be submitted by 30th December This decisions aims to encourage more number of investments in the targeted provinces.
It is believed that extension of the measure will raise confidence among investors, planning to develop areas and set-up business there.To avail of the following incentives, foreign investors must have qualified enterprises that can be registered with the Board of Investments (BOI) under the Omnibus Investments Code (OIC).
ISLAMABAD: The Board of Investment has invited investors from Japan and Germany to invest in energy, auto and other sectors of Pakistan to . Thailand’s Board of Investment was established in to give investment incentives to local and foreign investors who are inclined to participate and invest on the government entity’s promoted business activities. There are no federal tax incentives in Mexico specific for foreign investors in Mexico. Not applicable. Not applicable. Peru. Pioneer enterprise registered with BOI. Qualification as a pioneer enterprise. There are no formal tax incentive schemes for foreign investors.
Businesses registered under the Philippine Economic Zone Authority (PEZA) are also eligible for the following tax and non-tax incentives. The principal law applicable to foreign investment is BOI Law No.4 of and amendments introduced in , and and Regulations made under the Act.
Non-Fiscal Incentives A. Employment of Foreign Nationals. A registered enterprise may be allowed to employ foreign nationals in supervisory, technical or advisory positions for 5 years from date of registration, extendible for limited periods at the discretion of the Board.
The BOI Thailand promotion has established a clear policy to welcome foreign investors to participate in the development of large-scale projects involving minerals, ceramics and basic metals, this page provides you with many details as to what business incentives are offered.
To attract foreign and domestic investors into the country, the government usually offers various tax incentives, principally through the Board of Investments (BOI) pursuant to EO , as amended, otherwise known as.
A corporation investing in the Philippines may avail of tax breaks and incentives by registering with the BOI - Board of Investments.
The company must operate a business which has been recognized as a preferred area of investment in the Philippines Investment Priority Plan (IPP).