Are You Looking to Invest in Electric Vehicle in EEC Thailand?

If so, then you may be eligible for company registration under BOI. You will be glad to know that the Thai authorities have approved investment plans that worth 29.63 billion baht. These projects are proposed by two Japanese automakers intending to produce hybrid electric vehicles as well as batteries.

For the same Nissan Motor is to invest 10.96 billion baht in a venture, whereas Honda Automobile will spend 5.82 billion baht on its project. A tax break has been approved for Thai Air Asia to lease six Airbus A330 aircraft. According to a recent report, the BOI said that Thai and foreign firms have submitted projects that worth 284.6 billion baht.

For you to register your company under the Board of Investment, you must have these documents;

1. 1. Name of the designated company (3 proposed names);
   2. Your confirmation of the address(in Thailand) for the registered address (Head Office);
   3. Your business objective (in detail) – e.g. if you are importing, what type of product will be trading;
   4. Shareholders
      1. Copy of passport for the 3 the Promoters/Shareholders
      2. Share allocation for each shareholder.

1. 1. Directorship
      1. Name of Authorized director(s),
      2. Copy of passport for each Director
      3. And in the case, if you will have more than 1 director, please specify the signatory condition. Example:
         1. (For the case of having One Director or more in a company) – One director signs plus affixing the company seal in any and all legally binding documents; OR
         2. (For the case of having Two Directors or more in a company) – Either one of the directors can sign plus affixing the company seal in any and all legal binding documents; OR
         3. (For the case of having Two Directors or more in a company) – Both directors must co-sign plus affix the company seal in any and all legal binding documents;
         4. (For the case of having more than Two Directors in a company) – Two out of Three Directors must co-sign plus affix the company seal in any and all legal binding documents;

6. The number of foreigners that you initially intended of working for this entity.