Starry
Law Firm Thailand has recently been appointed by Shenzhen Xinghan Laser
Technology Co., Ltd. ("Xinghan Laser") to provide services relating
to its applications for an Investment Promotion Certificate from the Thailand
Board of Investment (BOI) and a Foreign Business Certificate (FBC). Through
professional legal support, Starry will assist Xinghan Laser with the
establishment and compliant operation of its Thailand project.
Shenzhen Xinghan Laser Technology
Co., Ltd.
Founded
in 2017 and headquartered in Bao'an District, Shenzhen, Xinghan Laser is a
national high-tech enterprise specialising in the research, development,
manufacture and sale of high-power semiconductor laser components. The company
has an approximately 30,000-square-metre R&D and manufacturing base,
including approximately 20,000 square metres of Class 1,000 cleanroom space,
and a workforce of approximately 500 employees.
Its
products cover wavelengths from 450 to 1064 nm, power ranges from tens of watts
to kilowatts, and fibre core diameters from 105 to 400 μm. They are used in
industrial laser pumping, laser research and other applications. Its industrial
laser pump-source products serve global markets and have been supplied to
Japan, South Korea, Europe and the United States.
As
manufacturing continues to develop across Southeast Asia, countries including
Thailand are improving their investment environment and expanding industrial
support. Demand for laser technology and related applications is
correspondingly broadening, creating market potential that merits close
attention.
As a
supplier of high-power fibre-coupled semiconductor lasers, Xinghan Laser's
Thailand expansion is expected to support further overseas-market development,
enhance service to local and regional customers, and strengthen its global
competitiveness.
BOI and FBC Application Services
An
Investment Promotion Certificate is an important policy instrument used by
Thailand to promote foreign investment. For eligible projects that receive
approval, the BOI may grant relevant rights and incentives, subject to the
approved activity and the applicable conditions. An FBC is the certificate
mechanism for foreign operators falling within Section 12 of Thailand's Foreign
Business Act; it is distinct from a Foreign Business Licence (FBL).
In an
environment where competition in the Southeast Asian laser market coexists with
foreign-investment regulatory requirements, coordinated BOI and FBC
applications can help a business pursue available investment-promotion
rights—where project conditions are met—and conduct BOI-promoted activities
through a compliant legal pathway. For Xinghan Laser, this will provide
important legal support for engaging local customers and supply chains,
improving project responsiveness, and managing cross-border investment and
operational risks.
Drawing
on its experience in investment promotion, foreign-business entry and corporate
compliance in Thailand, Starry Law Firm Thailand will provide practical and
efficient legal support to Xinghan Laser, helping the project progress steadily
and laying a sound compliance foundation for its development in Thailand and
across Southeast Asia.