Why Tech & SaaS operators need BOI Promotion Amendment
Common pain points in Tech & SaaS: Data residency · Open-source license · Source code escrow · Cross-border payments. BOI Promotion Amendment addresses the regulatory exposure created by these pain points and converts it into a documented, defensible filing.
Typical counterparties for Tech & SaaS: Enterprise customer · Cloud (AWS/GCP) · Open-source contributor · VC investor · DGA. The tax classification of contracts with these parties drives withholding tax, VAT and stamp duty exposure — we model all three.
Tech & SaaS-specific clauses, codes and rulings
Signature considerations for Tech & SaaS: SLA 99.9% · Data processing addendum (PDPA/GDPR) · Subprocessor consent · Source code escrow · IP indemnity. Each is mapped to the corresponding Revenue Code section, BOI activity code or sector regulation.
Key references for Tech & SaaS: PDPA 2019 · Electronic Transactions Act · Computer Crime Act · BOI Software promotion. We track amendments and rulings so your filing follows the current position, not last year's.
Our sector delivery process
(1) Sector intake — confirm activity code, counterparties and revenue mix → (2) Document collection with Tech & SaaS-specific schedules → (3) Drafting with sector-aware checklists → (4) Filing with the BOI → (5) Audit defence package archived for 7 years.
Lead time: 30–60. Express tracks available for time-critical sector filings.
Pricing and incentive modelling
Service fee from quoted on request. Where BOI or sector incentives may apply, we run an incentive model alongside the base filing so the engagement pays for itself.
All government fees and translation costs are quoted up front — no hidden mark-ups.
Why NYC Legal for Tech & SaaS
Repeated engagements across Tech & SaaS clients — from SME to multinational subsidiaries.
Multidisciplinary team: attorneys + CPAs + former government officers, all bilingual.
Frequently asked questions
Is this service specific to Tech & SaaS?
The underlying BOI Promotion Amendment is a regulated filing, but our delivery is tuned to Tech & SaaS clauses, codes and counterparties.
Are there BOI or sector incentives we should claim?
Often yes — we map your activity to BOI/EEC and sector incentives during intake.
Lead time?
30–60 on standard track.
What if the Revenue Department audits Tech & SaaS returns?
Our audit-defence package is included for 7 years — schedules, working papers and correspondence are archived for immediate retrieval.