Possible to apply for BOI status for an existing company?

[Matt199]

Hi guys,

 

We've been operating already in Thailand since January this year as private limited company in the digital space. We've grown from 0 Thai employees to 6 and we keep growing. Looking at the BOI available materials we could qualify potentially for a decent status giving us tax incentives as well.

 

My question is do we really need to be a "new project"? Would we need to create a new company and pitch for a business from day 0 or could we potentially convert existing company with a track record into BOI?

 

Kind thanks,

Matt

[yaonA]

Hi,

 

When i applied it has to be a new project but it can be a pre-existing company to a certain extent - i was told no more than one year.