2017/05/02

Annoucement : Stock Acquisition and BOI approval

Vertice International, Under the approval of BOI (Investment comittee of Thailand) is 100% subsidiary of vertice japan

In this way, We have organized a system to operate software development by Japanese,
It will become possible to drastically increase development speed and volume quantity.
We are considering this developemnt as a new form of offshore developrment in the Kingdom of Thailand
We provice inexpensive and high quality automotive industry system.

(*)BOI is Board of Investment
Basically in Thailand, it was revised in 1999,
Based on the Foreign Business Act enacted in March 2000
We restrict domestic entry of foreign companies. (Foreign companies' standards are over 50% foreign capital ratio)
However, if certified as a BOI company, it will be possible to establish a Thai corporation with 100% foreign capital.
In addition, corporate tax exemption in Thailand for up to 8 years,