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Understanding BOI Companies in Thailand and the Non-BOI Non-B Visa Difference

Thailand is an attractive destination for foreign businesses and investors, thanks in large part to the Board of Investment (BOI). BOI companies benefit from unique privileges, including expedited processes for visas and work permits. However, the Non-B visa application process differs significantly for BOI versus non-BOI companies. Here, we’ll explore what BOI companies are and why the application process is tailored for each category.

What is a BOI Company?

A BOI company is a business registered under Thailand's Board of Investment. The BOI promotes foreign investment by offering various incentives to companies in key industries, such as technology, manufacturing, and innovation.

Key Benefits of BOI Status

BOI companies enjoy numerous benefits, including:

  • Tax Exemptions: Corporate income tax exemptions for a specified period.
  • Foreign Ownership: 100% foreign ownership is allowed in many cases.
  • Land Ownership: Foreigners can legally own land for business purposes.
  • Work Permits: Streamlined visa and work permit processes for foreign employees.

Non-B Visa: BOI vs. Non-BOI Applications

The Non-B Visa (Non-Immigrant Visa Type “B”) is essential for foreigners working in Thailand. However, the application process varies depending on whether you’re working for a BOI or non-BOI company.

BOI Non-B Visa Application

The BOI facilitates a faster and more straightforward visa process for its certified companies. Here’s why:

  • Digital Work Permit System: BOI companies use an online system for visa and work permit applications, significantly reducing paperwork and wait times.
  • Single Point of Contact: Applications are handled through the BOI One-Stop Service Center, ensuring streamlined communication.
  • Pre-Approval: BOI companies often receive pre-approval for hiring foreign workers, simplifying the visa application process.

Non-BOI Non-B Visa Application

Non-BOI companies follow the standard immigration process, which can be lengthier and more complex. Key differences include:

  • Manual Submission: Applications must be submitted manually at a local Immigration Office.
  • Extended Processing Times: Without BOI privileges, applications undergo additional scrutiny and take longer to process.
  • More Documentation: Non-BOI companies must provide extensive proof of necessity for hiring foreign workers, such as financial records and tax documents.

Why the Difference?

The distinction exists to support Thailand’s economic goals. BOI companies are encouraged to invest in priority sectors and are rewarded with simplified processes to attract foreign talent. Non-BOI companies must meet stricter requirements to ensure that foreign workers are employed only when necessary.

Additional Considerations for Foreign Workers

  • Eligibility: BOI companies can hire more foreign workers per company compared to non-BOI businesses.
  • Renewals: Work permit and visa renewals are easier for BOI employees, often completed through the online portal.
  • Quota System: Non-BOI companies are subject to stricter quotas for hiring foreign staff.

Steps for Applying for a Non-B Visa

For BOI Companies

  • Online Submission: Submit the application through the BOI’s e-Expert system.
  • One-Stop Service Center: Visit the BOI center for visa processing.
  • Approval Notification: Receive visa approval within days.

For Non-BOI Companies

  • Collect Required Documents: Gather proof of employment, company financials, and tax documents.
  • Submit at Immigration Office: Apply in person at the local Immigration Office.
  • Processing: Wait several weeks for approval.

Conclusion

The distinction between BOI and non-BOI Non-B visa applications reflects Thailand’s focus on attracting investment in key industries. While BOI companies enjoy expedited processes, non-BOI companies must navigate a more traditional route. Understanding these differences can help businesses and workers plan more effectively for visa and work permit applications in Thailand.

Still have questions? Message us on WhatsApp at +66 66-146-8724 or on Line at @issacompass and ask our in-house legal team about your specific situation.

Note: Issa Compass is a software platform designed to streamline visa applications and connect you with immigration professionals. We're here to make the process faster and easier, but we're not a law firm or government agency. The final decision for visa approval rests with government officials and immigration policies.