On 20 April 2026, the Office of the Board of Investment (“BOI”) issued Notification No. Por 5/2569 (2026) regarding the revised guidelines for submission of project performance reports (the “Notification”). This Notification introduces a significant change to the reporting frequency for promoted companies following the issuance of the promotion certificate.
What is the project performance report?
The Project Performance Report (also known as the Progress Report) is a mandatory report that promoted companies are required to submit to the BOI.
This report is used to monitor the progress of the promoted project, including key developments such as:
- Land utilization
- Construction progress
- Machinery installation
- Commencement and scale of operations
The report plays a critical role in ensuring that the project proceeds in accordance with the approved investment plan and timeline.
What has changed?
Under the previous requirements, promoted companies were required to submit the Project Performance Report twice per year, typically in February and July.
However, under the new Notification, the BOI now requires promoted companies to submit the project performance report on a quarterly basis, covering the reporting periods of March, June, September, and December each year .
Each report must be submitted within 60 days from the end of the relevant reporting period, until the project has been approved for the start-up of full operation.
Summary of new reporting timeline
| Reporting Period | Submission Deadline |
| March | Within end of May |
| June | Within end of August |
| September | Within end of November |
| December | Within end of February (following year) |
Key implications for promoted companies
The shift from semi-annual to quarterly reporting requires promoted companies to adopt a more proactive and structured compliance management approach. Promoted companies are therefore advised to:
- Closely monitor project milestones on a more frequent basis
- Ensure timely preparation and submission of reports
- Maintain accurate and up-to-date supporting documentation
Maintaining full compliance with BOI reporting requirements is important to support the continued utilization of privileges granted under the promoted project, including applications for visa extensions and work permit approvals for expatriates, as well as requests for approval to commence full operations.
How we can assist
Given the increased reporting frequency and tighter timelines, it is important for promoted companies to establish a robust compliance process.
Our firm has extensive experience in handling BOI compliance matters, including the preparation and submission of Project Performance Reports. We can assist you in:
- Monitoring reporting deadlines and compliance requirements
- Preparing and reviewing the Project Performance Reports
- Coordinating with the BOI to ensure smooth and timely submissions
If you would like to ensure full compliance while enhancing internal efficiency, please feel free to reach out to us. We would be pleased to support your team in managing BOI reporting obligations in an efficient, accurate, and timely manner.
For more information, please get in touch with Foreign Direct Investment Group, or alternatively, please contact the author at [email protected], [email protected] or visit www.kap.co.th