Why American clients need BOI Promotion Application
Who needs it: ผู้ลงทุนอุตสาหกรรมเป้าหมาย · S-Curve / BCG · นักลงทุนต่างชาติ.
American clients pursuing "Beach condos + retirement homes + Amity-protected companies" in Thailand typically need BOI Promotion Application before launching or buying.
Leverage: Treaty of Amity & Economic Relations (1966) — US citizens may own ≥99% of most Thai businesses — our tax team combines it with the Thailand-United States DTT to reduce your global tax bill.
What you get with NYC Legal
• ยกเว้นภาษีนิติบุคคล 3–13 ปี • ยกเว้นอากรขาเข้าเครื่องจักร • ถือครองที่ดิน 100%
Thailand ↔ United States Double Tax Treaty
Thailand has a DTT with United States preventing double taxation on dividends, interest, royalties, rent and capital gains.
We obtain the Certificate of Residence (R.O.21/22) translated into English so you can file the credit with United States tax authorities.
For BOI — we handle promotion privileges and tax exemption applications end-to-end.
Documents & process for American clients
Passport + visa + Work Permit (if held) + Thai Tax ID.
Source-country business or income documents from United States, translated to Thai + Apostille.
Workflow: 1) Free consult in English 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.
American clients on a monthly retainer save 15–25% and receive a free Quarterly Tax Review.
Invoices issued in English so you can claim the deduction back home under the DTT.
FAQ
Do American 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-United States DTT actually reduce my tax?
We obtain the Certificate of Residence from the Revenue Department, then you file it with the United States 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.