How Scrap or Waste Generated During Production Must Be Handled
(According to BOI Thailand – Section 36(1)) Under BOI Thailand regulations, scrap, waste, or production loss generated from raw materials imported under Section 36(1) (duty exemption) cannot be handled freely. The handling method depends strictly on the type of loss and its commercial value 1. First Step: Classify the Scrap Correctly All production scrap must […]
What Scrap / Loss Means Under BOI Rules (PCBA Products)
Under Thailand BOI regulations—particularly those enforced under Section 36 of the Investment Promotion Act—scrap and loss refer to raw materials, components, or in-process goods that cannot be used or sold as intended during PCBA manufacturing. These are unavoidable by-products of the electronics assembly process, but they are not part of the approved formula loss 🔧 […]
BOI Scrap Inspection
BOI Scrap Inspection refers to the inspection process required by Thailand’s Board of Investment (BOI) for companies that receive investment promotion incentives. This applies particularly to manufacturing or promoted activities where imported raw materials (duty-free or tax-exempt under BOI privileges) generate waste, scrap, defective goods, or production losses. What is BOI Scrap Inspection? It is […]
Scope of Non-Formula Loss Inspection Services
Our Non-Formula Loss Inspection Services are designed to support manufacturers in achieving regulatory compliance, inventory accuracy, and tax settlement requirements in accordance with Thailand BOI regulations. 1. Verification of Non-Formula Loss Quantity We conduct independent verification and certification of non-formula losses arising from manufacturing operations, including: Each item is physically inspected, identified, and quantified to […]
Activities with One Goal — Quality
Quality is not the responsibility of a single department—it is the outcome of many interconnected activities working together toward one common goal. The following pillars explain how organizations systematically build, sustain, and elevate Quality across operations, people, and processes. 1. Leading Strong leadership inspires a culture where quality is a shared value, not just a […]
The process for handling losses under BOI Section 36(1)
The process for handling losses under BOI Section 36(1) focuses on managing duty-exempt imported raw materials for export production, ensuring compliance to avoid smuggling charges. Here’s a step-by-step summary in English:
2026, inspection companies in Thailand play a critical role in protecting overseas buyers
How Inspection Companies in Thailand Help Overseas Buyers in 2026 1️⃣ Factory Verification & Supplier Audit Before placing orders, buyers need to ensure the factory is genuine, capable, and compliant. Inspection companies provide: ✅ Protects buyers from fraud, fake factories, and unreliable suppliers. 2️⃣ Pre-Production Inspection (PPI) Before mass production starts, inspectors verify: ✅ Prevents […]
How BOI investors use Advantage Co., Ltd’s services for the BOI Scrap Certificate
What the BOI Scrap Certificate / Scrap Inspection Is When a company in Thailand obtains promotion from the Board of Investment (BOI), it receives tax and duty incentives (e.g., corporate tax exemption, import duty exemption) for eligible activities. Under BOI rules, these incentives apply only when imported raw materials or parts are actually used in […]
Why PCBA Scrap need to get certified with BOI scrap Inspector
1. The Core Reason: BOI Regulations and Duty Exemptions 2. Why a BOI-Authorized Scrap Inspector is Mandatory The inspector acts as an independent, third-party auditor to ensure compliance and prevent revenue loss for the government. The certification process involves: Without this certificate, the BOI company is in violation of its agreement, risking: 3. The Critical […]
Importance to perform Business Legitimacy and Registration Check
1. Financial & Fraud Prevention (The “Are They Real?”) 2. Quality Assurance & Operational Reliability (The “Can They Do It?”) 3. Ethical & Compliance Safeguarding (The “Should We Work With Them?”) 4. Strategic Relationship Building (The “How Well Will We Work?”) The Consequence of NOT Auditing (The “Cost of Ignorance”): The Advantage Co., Ltd. Perspective: […]