On 8th January 2018, the Thailand Board of Investment
("BOI") issued two separate
announcements that changed the conditions for the submission of the
"Confirmation of Project Implementation" and "Annual
Report" by promoted companies (the
"Announcements").
Consequently, each BOI promoted company is required to comply
with the conditions specified in the Announcements rather than the
promoted company's individual BOI Certificate. As such, the
following is now in effect:
- The conditions for submitting the
"Confirmation of Project Implementation," which was
previously required to be sent to the BOI after 6 months, 1 year,
and 2 years, counting from the date of issuance of the promoted
company's BOI Certificate, have been updated. The promoted
company is now required to submit the "Confirmation of Project
Implementation" to the BOI every February and July
until the BOI issues the "License for Project
Monitoring." If the promoted company obtained its BOI
Certificate
