ABOUT
The Asian Institute of Technology (AIT), a leading international institution for higher education and research located in Thailand, has been granted a Science and Technology Park (STP) status by the Thailand Board of Investment (BOI), the main public agency promoting business investment in Thailand.
OFFERS
BOI Incentives
BOI offers tax incentives for companies involved in research and development. These incentives can help lower your overall tax burden, allowing you to reinvest more money into your business. There are also non-tax incentives available.
Office Space
Businesses that want to invest in Thailand can have their office space at AIT under BOI STP. The Business can use the AIT address as the registered address, one of the requirements for registering a company in Thailand.
Benefits
There are several benefits for companies having their office space in AIT. Aside from the tax incentives, having a close community inside AIT will make your stay in Thailand both enjoyable and peaceful.
AIT BOI STP INCENTIVES
| Business Category | Basic Privileges | Additional Privileges | Total Privileges |
|---|---|---|---|
| – Research and Development – BioTechnology – Engineering Design – Scientific Laboratories – Calibration Service – Vocational Training Center | Exemption of Corporate Income Tax for 8 years, with no limits on the income tax exempted | Reduction of Corporate Income Tax by 50% for addtional 5 years | Exemption of Corporate Income Tax for 8 years, with no limits of investment amount and reduction of Corporate Income Tax by 50% for addtional 5 years |
| – Targeted Core Technology Development include *Biotechnology *Nanotechnology *Advanced Material Technology *Digital Technology – Supporting Activities for Targeted Core Technology in cooperation with AIT, as approved by the Board of Investment | Exemption of Corporate Income Tax for 10 years, with no limits on the income tax exempted | Exemption of Corporate Income Tax for additional 2 years, with no limits on the income tax exempted | Exemption of Corporate Income Tax for 12 years with no limits on the income tax exempted |
BENEFITS
- Access to Resources
You’ll have access to the resources and expertise of AIT. This includes access to human resources, research facilities, knowledge business support services, and networking opportunities with AIT Centers. - World-class Facility
AIT provides access to state-of-the-art equipment and facilities, giving you the tools you need to innovate and develop new products. - AIT Alumni Network
You’ll have access to the global alumni network. - And More …
As a part of the AIT community, companies in the park can have the same privileges as the community living inside the AIT campus.
PROCESS
Contact
- Contact the AIT BOI STP Office to start the process.
- Discuss what office space, resources, and facilities you need for your business.
Register
- You need to register your company in Thailand first before you can apply for BOI. It would be helpful to consult a lawyer to help you register your company.
- One of the requirements is to have a registered address. AIT can provide you with the documents you need.
Apply
- After registering your company in Thailand, you can now submit an application to BOI for review and approval.
- Submit an application via e-Investment.
