On 20 March 2019, BlockchainLabs.ai received the official approval from the Thailand Board of Investment and was awarded the prestigious “Board of Investment” or “BOI” status as the first blockchain software development company in Thailand.

After 6 months of hard work and various meetings, discussions and updates between BlockchainLabs.ai and Thailand Board of Investment staff members, BlockchainLabs.ai was awarded the prestigious BOI status.

This makes BlockchainLabs.ai the first blockchain software development company in the Kingdom to achieve this recognition by the Thai government and opens up a wide range of possibilities to the company, such as:

  • 5 years of tax benefits.
  • Visa and work permit processing through the OSOS (One Stop Service Centre) at Chamchuree square, which is a significantly easier process.
  • Work permit applications at a ratio of 1:1 (Thai / foreign) which provides the ability to easily attract foreign and local employees.
  • Clear focus on software development, digitalisation and the overall digital space in the enterprise software and digital space.

And a lot more!

We wish to thank the Thailand Board of Investment for their assistance in making the approval process swift and highly educational for us. We would also like to extend our thanks to our Chief of Staff, Khan Thongduang, for her tireless help and hard work in making sure the company was able to receive this approval.