BOI Implements Measures under The Emergency Decree to Counter COVID-19 Economic Effect

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BOI Approves measures in Thailand

The Board of Investment Thailand assures to remain as committed as before. And they will continue serving the investors’ needs. They announced some practical measures to make sure that they continue to service companies even in this critical period in order to deal with the economic loss due to the spread of the COVID-19.

To this Duangjai Asawachintachit, the Secretary General, Thailand Board of Investment (BOI)addressed to both local and international companies who have invested or currently thinking of investing, that the BOI is always there to assist in whichever way possible.

Below are some measures taken by the Board of Investment Thailand to facilitate companies during this pandemic:

  • BOI has extended the deadline for application for CIT exemption privileges to 31 July 2020, or before the CIT filing date, which should be not less than 30 days;
  • From March 30, 2020, an online document submission service (e-submission) has been launched apart from their existing e-tax for CIT exemption authorization and e-land for land ownership approval services, in order to ensure continued support to the investors.

For e-submission you can visit https://doc.boi.go.th/. Just so you know this new service, in line with the Thai government policies so as to motivate people to work from home while ensuring that all the companies still receive services as always;

  • The BOI is also offering e-meeting services to answer questions/queries from investors.

All these measures strictly comply with the rules under the Emergency Decree, issued by the Government from March 26, 2020.

 

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