Foreign businesses providing loans to affiliates and subsidiaries

Apply for a BOI certificate to conduct business as an International Business Center (“IBC”) 

• Providing loans in foreign currency to affiliates or subsidiaries in foreign countries.  
• Providing loans in Thai baht to affiliates or subsidiaries in Thailand.  
• Providing loans in Thai baht to affiliates or subsidiaries in Vietnam and countries bordering Thailand for trading or investing in Thailand or those countries only. 

• The foreign business’s scope of business must already include one or more additional IBC business activities, except for acting as a treasury centre and conducting international trade activities.  
• The foreign business must have registered capital of at least THB 10 million. 

Non-tax incentives, such as:  

• work permit and visa applications; and  
• land ownership. 

Apply for an FBL  

No limitations 

• The foreign business provides loans to its affiliates or subsidiaries, but the conditions set out in Ministerial Regulation No. 4 are not met.   
• The foreign business must have minimum capital of THB 3 million or 25% of an average three years’ estimated expenses, whichever is greater. 

None