Tax incentives increase:

BOI certified enterprises: Pure electric vehicle battery production enjoys full exemption from corporate income tax for 8 years (extended to 10 years by the Eastern Economic Corridor EEC), and hybrid battery exemption for 3 years; R&D expenses are deducted before tax at a rate of 200% -300% (with EEC region enjoying three times the amount).

Tariff reduction: Battery production line equipment is 100% exempt from import tariffs, and import tariffs on lithium/cobalt/nickel raw materials are reduced by 90% (limited to BOI projects).

Foreign investment access privileges:

Breakthrough in Land Ownership: The EEC Special Zone allows foreign investment to hold 100% of permanent industrial land (ordinary areas are subject to restrictions under the Foreign Business Law).

Exemption from labor quotas: BOI enterprises can be exempted from the "4:1 ratio of Thai employees", and foreign executives can obtain a 5-10 year smart visa.

Supply chain collaboration:

RCEP dividend: Thai made battery modules (regional value content ≥ 40%) exported to China enjoy zero tariffs; The tariff on BEV battery packs exported through the Thailand Australia FTA has been reduced from 5% to 0.

Manufacturing Upgrade: The world's second largest exporter of smartphones, top ten semiconductor exporters globally, and continuous improvement in the synergy of the China Thailand supply chain.

Emerging trend areas:

New energy: By 2025, a mandatory disclosure system for battery carbon footprint will be implemented, and obtaining EEC green factory certification will enjoy a 10% tax deduction.

Digital Economy: EEC Special Zone promotes cross-border free flow of data, with income tax for fintech companies as low as 10%.

💡 Selection strategy:

Technology intensive enterprises: Priority should be given to applying for BOI certification (such as semiconductors and new energy) to break through foreign shareholding restrictions;

Restricted industries (such as furniture and bag production): Thai joint venture must account for at least 51%.

Registered capital

Wholly foreign-owned enterprises: ≥ 2 million Thai baht (1 foreign employee can apply for a work permit for every 2 million Thai baht);

Actual payment requirement: At least 25% must be in place at the time of registration.

Address compliance:

Actual office addresses within Thailand are required (virtual addresses are limited to representative offices only), and DBD will use an address review system to crack down on false registrations.

Industry Access:

❌ Prohibited categories: agriculture, media, casinos;

⚠️ Restricted categories: Telecommunications (requires FBL license), Furniture Manufacturing (new regulations in 2025 require Thai owned holding).

Labor quota: Manufacturing industries with over 100 employees must hire at least 70% Thai employees, and foreign experts must have a minimum monthly salary of at least 100000 Thai baht;

Origin fraud: The United States plans to impose a retaliatory tariff of 36%, and companies must ensure that the value component of the "Made in Thailand" region is ≥ 40%;

The BOI review is becoming stricter: industries such as solar panels and automotive parts have cancelled their eligibility for preferential treatment.

Recommended path: China Holdings → Hong Kong Company → Thai BOI Entity (utilizing the Hong Kong Thailand tax treaty to reduce dividend withholding tax to 5%);

Cost optimization: It is recommended to layout labor-intensive industries (such as textiles) in Vietnam; Thailand is preferred for supply chain intensive industries such as electronics.

Total cycle:

Ordinary company: 2-3 months;

BOI company: 4-6 months (including feasibility report and environmental impact assessment approval);

Urgent channel: Entrusting local agents can shorten the time by 30% (such as the EEC special zone's "one-stop approval").

Origin compliance: Exporting goods to the United States requires SimaPro carbon footprint certification and DPP passport for material sources (mandatory in 2026);

BOI renewal: Submit the "Tax Preferential Implementation Report" every 3 years, and terminate the preferential treatment for enterprises that do not meet the standards;

Information change: Changes in directors/shareholders must be filed with DBD within 14 days, otherwise the license will be invalid.

Hongyuan International | One stop Service Expert for Enterprises Going Global

H & Y  INTERNATIONAL 

core business

✅ Overseas company registration (Hong Kong, Singapore, etc.)

✅ Overseas bank account opening and secretarial services

✅ International tax planning and cross-border financial and tax services

✅ Overseas architecture design and overseas investment filing

✅ Global Intellectual Property and Identity Planning

Service Advantages

-Professional integrity and efficiency: With over 15 years of industry experience, we focus on the global development of enterprises

-One stop solution: from registration to architecture, finance and taxation, identity, covering the entire process

-Butler style customized service: one-on-one professional consultant, tailored overseas plan

-Word of mouth guarantee: helping enterprises expand steadily and win industry trust

Service Advantages

📞 Hotline: 400 118 5939 138 2880 5818 (same as WeChat for mobile phones)

🌐 Service philosophy: Professional planning, efficient execution, helping enterprises set sail globally!