In a more and more digitalized world, the use of cloud services is in great demand as never before. If you find yourself wishing to bring your cloud services business to Thailand and take advantage of the benefits associated with the BOI promotion, we will be more than happy to assist you in Thailand BOI company registration.
To be qualified for Thailand BOI promotion and to receive the numerous benefits in form of incentives, below are the conditions to meet:
- Must be located in at least 2 data centers in Thailand that are certified with ISO/IEC 27001 (data center).
- Must have connections among all related data centers with speed of at least 10 Gbps for each connection, with backup connections at the same speed.
- Must be certified with ISO/IEC 27001 (cloud security) and ISO/IEC 20000-1 (cloud service).
As a company in the cloud services business, the Thai government acknowledges your importance of activities and categorizes the sector of great significance and value. The incentives under Thailand BOI includes the following.
- 8-year Corporate Income Tax exemption (without cap) + merit based incentives
- Exemption of import duties on machinery
- Exemption of import duties on raw materials for use in production for export
- Non-tax incentives
With a long and multifarious track record in setting up companies for foreigners and the detailed knowledge about Thailand BOI company registration, we are looking forward to giving you advice and helping you to get your company set up here.
Let us assist you to establish your business in Thailand and contact us here.