Case Study Title
The Client
A French software company specialising in logistics management SaaS was expanding into Southeast Asia and identified Bangkok as their regional headquarters. With a founding team of five executives, they required a fully foreign-owned entity with the right to employ foreign staff from day one. The client had a fixed launch deadline tied to a regional partnership agreement, making speed and accuracy in the application process critical.
The Challenge
Thailand's BOI application process requires precise documentation, correct activity categorisation, and coordinated filing across multiple government bodies. An error in classification or missing document at any stage resets the timeline significantly. In parallel, five work permits and non-immigrant B visas had to be obtained for executives arriving from France, Germany, and Singapore — each with different documentation requirements and processing times.
Our Approach
We began with a full assessment of the client's software activity to identify the most advantageous BOI category and promoted activity type. This determined the correct capital requirements, eligible incentives, and documentation structure before any application was filed. We ran the BOI application, company registration, and work permit processes in parallel rather than sequentially, compressing the overall timeline without compromising compliance at any stage.
The Results
- BOI promotion approved within 4 months, ahead of client's launch deadline.
- 100% foreign ownership structure secured with full compliance.
- Work permits and visas issued for all 5 founding executives.
- 8-year corporate income tax holiday obtained under promoted activity category.
- Client operational in Thailand on schedule with zero compliance issues at launch.