Outline of International Business Center (IBC)

Outline of International Business Center (IBC) Weera Punpisootchai Excecutive Director ... Personnel management and training 7) Financial advisory ser...

0 downloads 217 Views 1MB Size
Outline of International Business Center (IBC) Weera Punpisootchai

23-25 April 2019

Excecutive Director

Tokyo - Osaka - Fukuoka 1

Investment Promotion Division 4

Agenda

Thailand: A Destination for International Business Center (IBC) Outline of Thailand’s International Business Center (IBC) BOI Incentives for International Business Center (IBC) BOI Services

2

Thailand as a Home for Business and Living Business Friendly Nation Thailand is ranked the 8th most attractive nation in the world for offshore locations. (A.T. Kearney’s 2017 Global Services Location Index (GSLI))

Standard of Living at the Right Cost Thailand is ranked the top 21st best country in the world for expatriate. Ranking Criteria includes Economics, Experience, and Family. (HSBC Expat Explorer Survey 2018)

Family 17th

Experience 12th

Economics 26th

Livable Community Bangkok is ranked the 2nd best city for finance and housing for expats in 2018. Three-quarters (75%) are satisfied with the financial situation, which is 17 percentage points more than global average (58%). (Expat City Ranking)

Source: QS Asia University Ranking 2018, and HSBC Expat Explorer Survey 2018

3

Agenda

Thailand: A Destination for International Business Center (IBC) Outline of Thailand’s International Business Center (IBC) BOI Incentives for International Business Center (IBC) BOI Services

4

International Business Center (IBC) A company incorporated in Thailand that provides services to its associated enterprises in overseas.

5

Scope of Services under IBC 1) General administration, business planning and business coordination

10) Treasury Center (TC)

2) Procurement of raw materials and components

12) Any other services announced by the Revenue Department Trade

3) Research and development

11) International trade

4) Technical support 5) Marketing and sales promotion

6) Personnel management and training 7) Financial advisory services 8) Economic and investment analysis and research

9) Credit management and control

6

IBC Relevant Agencies Thailand Board of Investment

• Non-Tax Incentives for IBC

The Revenue Department

• Tax Incentives for IBC

Bank of Thailand

• Rules and Regulations on Treasury Centers

Department of Business Development

• Company Registration • Foreign Business Licenses and Certificates

• Investors can apply both Tax and Nontax Incentives. • Both applications must be submitted separately

7

Agenda

Thailand: A Destination for International Business Center (IBC) Outline of Thailand’s International Business Center (IBC) BOI Incentives for International Business Center (IBC) BOI Services

8

International Business Center (IBC) Incentives 1. Majority or 100% foreign ownership 2. Permission to bring in expats 3. Permission to own land

Requirements  Investment amount must be at least THB 1 million  Paid-up registered capital of no less than

THB 10 million  At least 10 employees with skills/expertise relevant to IBC activities

4. Repatriation of foreign currency 5. Exemption of import duties on machinery (only for R&D and Training activities)

(At least 5 employees in case of provision of financial advisory services only)  In case of operating international trade,

at least one scope of business in 1) - 10) must be involved 9

BOI Approved IBC Projects

Hachiban Trading (Thailand) Co., Ltd.

(Japan)

Eicher Motors Ltd.

(India)

Kawasaki Heavy Industries Ltd.

(Japan)

PM-International AG

(Luxembourg)

Siam Stabilizers and Chemicals Co., Ltd.

(Japan)

Daihatsu Asia Trading (Thailand) Co., Ltd.

(Japan)

Petainer Asia Co., Ltd.

Impextraco (Thailand) Ltd.

(UK)

(Belgium) 10

For more information • • • • •

IBC Brochure BOI’s IBC Announcement IBC FAQ BOI Application form A Guide to the Board of Investment 2018

11

Agenda

Thailand: A Destination for International Business Center (IBC) Outline of Thailand’s International Business Center (IBC) BOI Incentives for International Business Center (IBC) BOI Services

12

One Start One Stop Investment Center

Consolidating staff from numerous investmentrelated agencies Provides comprehensive information and advice on establishing operations in Thailand.

Easing & speeding procedures for new investors Provides useful contacts with key public and private organizations

Assist investors with various applications

13

BOI Offices in Japan 東京 Tokyo

パリエス・ピリヤマーサクン (Mr. Pariyes Piriyamaskul) 公使(経済・投資)

大阪 Osaka

E-mail: [email protected]

BOI 東京事務所 タイ王国大使館経済・投資事務所 福田ビルウェスト8階 〒107-0052 東京都港区赤坂2-11-3 Tel. : +81 3 3582 1806 Fax : +81 3 3589 5176 E-mail : [email protected]

BOI 大阪事務所 タイ王国大阪総領事館 バンコク銀行ビル7階 〒541-0056 大阪府大阪市中央区 久太郎町1-9-16

吉井 スタースィニー (Mrs. Suthasinee Yoshii) 参事官(経済・投資) E-mail: [email protected]

パチャラダー・ナワカヲンカーン (Ms. Patcharada Nawakawongkarn)

領事兼ダイレクター E-mail: [email protected] E-mail: [email protected]

Tel. : +81 6 6271 1395 Fax : +81 6 6271 1394 E-mail : [email protected] ※BOI大阪事務所の管轄エリアは、 関西、中国および四国

14

-Thank Youwww.boi.go.th

15