Thailand BOI Announces Measures to Facilitate Investors Affected by COVID-19 Situation

The measures taken by the BOI to facilitate companies during this period include the following:

– In accordance with the announcement by the Ministry of Finance to postpone corporate income tax submission for the 2019 accounting year (Por.Ngor.Dor.50) to 31 August 2020, the BOI has extended the application deadline for corporate income tax exemption privileges to 31 July 2020, or not less than 30 days before the corporate income tax filing date.

– To ensure continued support to investors, we have launched an online document submission service (e-submission) since March 30, 2020 apart from our existing e- services (such as e-investment for applications, e-tax for corporate income tax exemption authorization, and e-land for land ownership approval). Please visit our website for e- submission (https://doc.boi.go.th/). This new service, in line with the government policies to encourage people to work from home, ensures that companies can still receive services from us as usual.

– Both the Head Office of the BOI, at 555 Vibhavadi-Rangsit Road, and the One Start One Stop Investment Center (OSOS), located on the 18th Floor, Chamchuri Square Building, Rama IV Road, Bangkok, stay open during normal office hours, although with a reduced personnel.

– Also, the BOI is now offering online meeting services to answer queries from investors.

These measures aim to comply with the rules established under the Emergency Decree, issued by the Thai Government since March 26, and the recommended social distancing.

See the announcement here.

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