Thailand Board of Investment

# GOVERNMENT

Thailand Board of Investment

Overview

The Thailand Board of Investment (BOI) was established in 1997 as a government agency under the Office of the Prime Minister. Its primary mission is to provide investment incentives to both domestic and foreign entrepreneurs interested in participating in BOI-promoted activities. The BOI plays a crucial role in promoting and facilitating valuable investments, both within Thailand and for Thai businesses seeking to invest overseas. It achieves this by offering a range of tax-based and non-tax-based incentives to eligible companies that meet the BOI’s criteria and conditions.

Capabilities, Products and Services

The space industry is one of the targeted sectors for the Thailand Board of Investment (BOI). As of 2023, the BOI’s eligible activities in the space industry include:

Manufacture of space equipment (Must manufacture space products and equipment such as spacecraft, satellites, and propulsion systems for guided rockets and space vehicles.)
Manufacture of mechanical parts and/or electronic parts for satellites or space objects of various form
Design and development of system or software related to satellites and ground stations (Must have design and development of system or software such as system or software for satellite platform, payload system, searching system, space debris mitigation system or space navigation system.)
Space launching services or manufacture of launch mission control systems
Aerospace support activities (Must conduct aerospace support activities such as testing laboratory for satellites and other space objects and/or standard certification for parts.)

# GOVERNMENT