A BOI-promoted company is a business with an investment project approved for promotion by Thailand’s Board of Investment, subject to the activities and conditions in its promotion certificate.
| Checkpoint | Question to resolve |
|---|---|
| Entity | Which legal business will contract, invoice and receive payment? |
| Site or basis | Which facility, standard or rule supports the supplier’s claim? |
| Release | What evidence must be approved before the order, shipment or payment proceeds? |
The sourcing decision
Verify the legal company, promoted project, location, activity and current certificate rather than relying on a general statement that the supplier is BOI approved. Obtain advice on any claimed privilege affecting the transaction.
Documents and checks
Retain the promotion evidence supplied, project and site linkage, contract entity, invoice and documents supporting any claimed customs or tax treatment.
BOI promotion belongs to a specified project and conditions. It is not a general certification of the supplier’s quality or a blanket benefit for every sale.
Official reference: Thailand Board of Investment guidance. Check the current rule and scope before using it for a transaction.
Related terms
Thailand Sourcing, Thai Supplier Verification, Thailand Contract Manufacturing.
