BOI tax holidays have not been abolished.<\/strong> BOI has confirmed existing exemptions and reductions remain available. Its proposed Qualified Refundable Tax Credit (QRTC) is an additional policy tool for affected multinational groups. Do not price an investment on the assumption a QRTC refund is already available: check the enacted rules and the project\u2019s approval terms. See BOI\u2019s clarification on tax incentives and QRTC<\/a>.<\/p>\n\n\n\n A tax holiday does not settle Pillar Two exposure.<\/strong> Thailand\u2019s top-up tax applies for accounting periods beginning on or after 1 January 2025 to in-scope multinational groups with consolidated revenue of at least EUR 750 million in at least two of the preceding four accounting periods. A BOI exemption can reduce the Thai entity\u2019s effective tax rate and create additional exposure under the 15% minimum-tax rules. Obtain a group-level calculation before comparing incentive packages. See the Revenue Department\u2019s commencement and scope notice<\/a>.<\/p>\n\n\n\n Land ownership needs separate permission.<\/strong> Section 27 of the Investment Promotion Act permits land ownership for approved promoted activities within the area BOI allows. Promotion alone does not authorise every land purchase, mortgage or later sale. Check the project certificate, land-use plan and required BOI permission before registration at the Land Office<\/a>. See BOI\u2019s land-ownership procedure<\/a>.<\/p>\n\n\n\n ThaiLawOnline has helped many expatriate clients navigate Thailand\u2019s complex laws since 2006. We know how important it is to get the Board of Investment (BOI)<\/a> application process right the first time.\u00a0This guide will show you how to apply for the BOI<\/a> in Thailand.<\/p>\n\n\n\n![\"Business](\"https:\/\/www.thailawonline.com\/wp-content\/uploads\/2026\/11\/how-to-apply-boi-thailand.webp\")