Why Singaporean clients need BOI Promotion Application
Who needs it: ผู้ลงทุนอุตสาหกรรมเป้าหมาย · S-Curve / BCG · นักลงทุนต่างชาติ.
Singaporean clients pursuing "Premium condos as 2nd home + family office in BOI Smart Visa" in Thailand typically need BOI Promotion Application before launching or buying.
Leverage: ASEAN + Singapore-Thailand DTT 1976 + AANZFTA — our tax team combines it with the Thailand-Singapore DTT to reduce your global tax bill.
What you get with NYC Legal
• ยกเว้นภาษีนิติบุคคล 3–13 ปี • ยกเว้นอากรขาเข้าเครื่องจักร • ถือครองที่ดิน 100%
Thailand ↔ Singapore Double Tax Treaty
Thailand has a DTT with Singapore preventing double taxation on dividends, interest, royalties, rent and capital gains.
We obtain the Certificate of Residence (R.O.21/22) translated into English / Mandarin Chinese so you can file the credit with Singapore tax authorities.
For BOI — we handle promotion privileges and tax exemption applications end-to-end.
Documents & process for Singaporean clients
Passport + visa + Work Permit (if held) + Thai Tax ID.
Source-country business or income documents from Singapore, translated to Thai + MFA + Thai Embassy legalisation in Singapore.
Workflow: 1) Free consult in English / Mandarin Chinese 2) Document audit 3) Petition/return preparation 4) Filing & follow-up 5) Monthly/quarterly summary report.
Fees & turnaround
Starting at quoted on request · 60–120.
Singaporean clients on a monthly retainer save 15–25% and receive a free Quarterly Tax Review.
Invoices issued in English / Mandarin Chinese so you can claim the deduction back home under the DTT.
FAQ
Do Singaporean nationals pay Thai tax if they stay under 180 days?
No — you are not a Thai tax resident. Only Thai-sourced income (e.g. rental from a Thai condo, salary from a Thai employer) is taxable.
What does BOI Promotion Application start at?
From quoted on request + 7% VAT — fixed quote before we start.
How long does it take?
60–120 at BOI สำนักงานคณะกรรมการส่งเสริมการลงทุน once documents are complete.
How does the Thailand-Singapore DTT actually reduce my tax?
We obtain the Certificate of Residence from the Revenue Department, then you file it with the Singapore tax authority to credit the Thai tax already paid — up to 100% of the overlap.
Can this be done while I'm overseas?
Yes — sign a POA + courier documents via DHL. We file and return the receipts.