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23 May 2012 01:28AM

BOI’s Flood Relief Measures

22 Nov 11 ,  BOI
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Incentive measures by the Office of the Board of Investment often play an important role in reviving the economy in times of crises.  The current flooding has had a severe impact on Thailand’s industry. The BOI has therefore approved a series of measures aimed at rehabilitating flood-affected companies as well as restoring investors’ confidence.  These measures are as follows.


1) Machinery and Raw Materials
•    Machinery and raw materials can be moved from the factory to another location or exported in case of emergencies, and permission can be sought from the BOI later.
•    BOI-promoted companies are entitled to duty-free importation of machinery to replace existing machinery damaged by flooding. Applications for this incentive are required to be submitted by the end of June 2012.
•    Raw materials imported under section 36 (duty-free importation) that are damaged by the flooding can be counted as part of the waste allowance and therefore there will not be any tax burden.
•    Raw materials imported under section 36 (duty-free importation) that are still useable can be transferred to another BOI-promoted project that is still entitled to section 36.
•    BOI-promoted companies affected by flooding are allowed to outsource some part of their manufacturing process on a temporary basis to avoid business interruptions.

2) Facilitation Regarding Visa & Work Permits
•    Permission for urgently bringing in experts to work in Thailand for not more than 30 days without non-immigrant B visa
o    Applications and accompanying documents can be submitted via email.
•    Facilitation in obtaining non-immigrant B visa in the case of experts staying in Thailand for more than 30 days and expedited process in approving the entry and short-term stay of foreign experts
•    Expedited and relaxed process for issuing documents replacing lost or damaged ones (Tor Tor 4)
o    A company letter can be accepted as a replacement for the evidence from the police station
•    Permission for foreigners to report to Immigration every 90 days via telephone (02 209 1100), fax(02 209 1193), sms (088 487 9797)  and email This e-mail address is being protected from spambots. You need JavaScript enabled to view it (no need to submit passports)

3) BOI Contact Points
The BOI has assigned the following contact points for BOI-promoted companies affected by floods that require assistance.

Agricultural and light industries
Ms. Warisara Phungtonglor Tel: 0 2553 8274 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Metal parts and machinery industries,
Ms. Anin Meksuksai Tel: 0 2553 8366 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Electronics and electrical appliances,
Ms. Tanavadee Khuvasanont Tel: 0 2553 8167 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Chemicals, paper, plastic, infrastructure and services,
Mr. Wuttichai Pisatphen Tel: 0 2553 8294 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Visa and Work Permits
Ms. Krongkanok Managijonggol Tel: 02 209 1166, 081 303 1337, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Details of these measures can be accessed at http://www.boi.go.th/index.php?page=flooding_measure

 

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