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.
BOI-Promoted Company: buyer checks
| 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? |
How should buyers evaluate BOI-Promoted Company?
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.
What documents support BOI-Promoted Company?
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.
