To facilitate investment, on November 23, 2009, the Board of Investment will open the One Start One Stop Investment Center (OSOS) at Chamchuri Square in Bangkok’s Central Business District (CBD).
The establishment of the OSOS is a direct result of the government’s efforts to work with investors to solve problems that are important to the investment community. When the government of Prime Minister Abhisit Vejjajiva took office in January of 2009, one of the urgent tasks it set was to enhance investor confidence.

To accomplish this, his administration has made it a priority to address issues concerning investors. One of those issues raised in a series of consultative meetings was the need to better facilitate investors as they had to deal with multiple agencies spread all across Bangkok. To respond to their needs, the government tasked the Board of Investment with creating the OSOS.

The primary objective of the center is to facilitate the entry of new investors and assist those already with investments in Thailand who wish to expand. For businessmen — Thai or foreign; big or small; BOI-promoted or not — interested in investing in Thailand, the One Start One Stop Investment Center will offer investors a wide range of investment-related services.

Comprehensive Service at One Location
Comprehensive Service at One Location

When it opens, the center will house representatives of key investment-related agencies — more than a dozen in total — including the Board of Investment, several other agencies under the Ministry of Industry, Department of Business Development (Ministry of Commerce), Industrial Estate Authority of Thailand, the Revenue Department (Ministry of Finance), Department of Export Promotion (Ministry of Commerce), etc.

OSOS staff will help investors with various applications to make sure they understand what is needed to register a company, obtain investment promotion privileges, obtain a foreign business license, complete an environmental impact assessment, request permission to use land for industrial operations, obtain utilities, etc.

OSOS staff will also accept applications for things such ascorporate name registration,corporate tax ID numbers, VAT registration, foreign business licenses, investment promotion incentives, etc.

More here BOI.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Lenzing’s New €400 Million Factory Strengthens Thailand’s Status as Regional Bio-Green-Circular Hub, BOI Says

The BOI offers generous tax breaks and other incentives to companies aligned with the BCG goals in sectors such as food pro-cessing, biofuel, bioplastics, biotechnology, renewable energy and recycling.

Thailand BOI Announces New Incentives for Investor Retention, Relocation and Hydrogen Vehicles

The strategy also sets five sectors of strategic importance to industrial development as priority industries, namely the bio-circular-green (BCG) sector, the EV supply chain, electronics manufacturing, the digital economy, and creative industries.