Thailand’s Board of Investment (BoI) was established to promote investments by foreign and local investors in economic activities that will benefit its people. It has promoted a very broad range of investments. In 2015 the BoI implemented a substantial re-think of the purpose and scope of its efforts to attract foreign direct investment...
In 2015, Thailand introduced two new programmes to help make it an economic hub of Asia and boost its competitiveness under Royal Decrees No. 586 and 587: the International Headquarters and International Trading Centre.
The major taxes imposed in Thailand are:
The main body of tax law in Thailand is the Revenue Code. Taxes under the Revenue Code are primarily collected under a self-assessment system, whereby taxpayers take responsibility for correctly filing their tax returns and paying taxes.
Thailand has long been a pre-eminent producer and exporter of rice, and the crop has become so important that it has surpassed its role as a lucrative export product and domestic food staple to become an influential social and political component.
The naturally fertile land centred around Thailand’s Chao Phraya river basin, combined with increasingly well-developed infrastructure, serves as a strong foundation for what is a robust agricultural base. These advantages have propelled both small-scale farmers and larger agriculture companies from Thailand into the forefront of global agri-...
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