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Investment Promotion of Regional Operating Headquarters.

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Presentation on theme: "Investment Promotion of Regional Operating Headquarters."— Presentation transcript:

1 Investment Promotion of Regional Operating Headquarters

2 Activities Eligible for Investment Promotion under ROH Organizational administration and management business planning Sourcing of raw materials, parts and finished products Research and Development activities Technical Support Marketing and sales promotion Regional Human resources training and development Business Advisory services on e.g. financial management, marketing, accounting system, etc. Investment feasibility studies and economic and investment analysis Credit management & control Other services shall be as approved by the BOI on a case by case basis

3 TAX INCENTIVES Exemption of Import duty only on machinery & equipment used in R&D & training NON-TAX INCENTIVES 100% foreign ownership Land ownership rights for foreign investors Permission to bring in foreign experts and technicians Work permit & visa facilitation Investment Incentives

4 Improvements of Visa & Work Permission Processes by the BOI Office (1/2) Management positions PreviouslyEffective since December 11, 2009 Company with foreign ownership at least 50% Registered capital at least 20 million baht - Company with foreign ownership less than 50% Registered capital at least 50 million baht

5 Improvements of Visa & Work Permission Processes by the BOI Office (2/2) Approval for foreigners to stay in Thailand PreviouslyEffective since December 11, 2009 First-time approval and extension of time period for foreigner working in companies operation has not been started 1 year2 years Extension of time period for foreigner working in companies operation has already been started 2 years

6 Reduction of Documents Required (1/2) Type of Application Number of Documents Previously Required Number of Documents Required since March First - time position approval Bringing in foreign expert to work in the approved position55 1.3Bringing in family of foreign experts55 1.4Application for more foreign experts positions Bringing in new foreign expert after the former foreign experts in the position has left the country Application for foreign experts or his/her family to continue to stay in the Kingdom, as previously permitted33 1.7Bringing in foreign expert to work temporarily44

7 Reduction of Documents Required (2/2) Type of Application Number of Documents Previously Required Number of Documents Required since March Request for visa stamp and changing type of visa65 1.9Declaration of change of nationality Permission for designation of foreign expert to perform additional duties in a subsidiary Extension of period of time for foreign experts to stay in the Kingdom Permission for foreign experts to move to new workplace or perform the duty in different places Permission for bringing foreign experts belongings into the Kingdom Declaration of foreign expert who is no longer in the position Urgent permission for foreign experts to work temporarily33

8 Reduction of Time Required Type of ServicePrevious Time Scope (Working Days) New Time Scope Effectively Since May 2009 (Working Days) 1. Approval of position positions positions More than 10 positions Bringing in foreign experts Time extension for the approved positions Time extension for the stay of foreign experts and his/her family Permission to work for a subsidiary 4015


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