Board of Investment 2023 New Incentive Packages
BOI’s new package of investment incentives to take effect for 5 years
EY disclosed that The Board of Investment (BOI) in Thailand has approved a package of incentives designed to attract high-valued investors to the country and help transform it into an innovation, technology, and creativity-driven “new economy.” These incentives, which will be in place for a period of five years, will take effect on 3 January 2023. The goal of the incentives are to promote investment that will restructure the country’s economy and focus on three core concepts: innovation, competitiveness, and inclusivity. The Prime Minister of Thailand has expressed confidence that these incentives will successfully attract the right investors.
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