Page 59 - Introduction to Investment Laws in Thailand
P. 59

Diagram 5:Merit Incentives for Industrial Area Development







































                       Source: BOI, 2021, Incentives under the Investment Promotion Act
                       https://www.boi.go.th/index.php?page=incentive


                          In applying for benefits and privileges from the BOI regulation and
                       policy, businesses have to contact the Board of Investment (BOI) office.
                       The office of the BOI will check and prepare all required documents for
                       the  BOI's  consideration. The  office  of  the  BOI  set  out  the  process  of
                       application consideration toward an efficient system to better facilitate the
                       promoted  investors.  According  to  the  BOI  announcement  No.1/2553
                       regarding the Time Frame for Investment Promotion Procedures, the BOI
                       has  laid  out  procedures  for  applying  and  implementing  promotion



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