The Thai Investment Board (BOI) is strengthening merit-based incentives with the aim of boosting industrial competitiveness.
Seven areas of investment / expenditure
** no minimum investment required **
Additional exemption from corporation tax (IS) up to 3 years.
1. Research and development (R&D)
• Promoted projects will benefit from an additional exemption ceiling from corporate tax at 300% of the investment / expenditure.
2. Donation to technological and HR development funds, educational institutes and training centers specializing in scientific and technological fields
• Promoted projects will benefit from an additional exemption limit from corporate tax at 100% of the investment / expenditure.
3. Participation in apprenticeship programs and advanced technology training
• The projects promoted will benefit from an additional exemption ceiling from corporate tax at 200% of the investment / expenditure.
4. Acquisition of intellectual property / license fees for the commercialization of technologies in Thailand
• The projects promoted will benefit from an additional exemption ceiling from corporate tax at 200% of the investment / expenditure.
5. Advanced technological training
• The projects promoted will benefit from an additional exemption ceiling from corporate tax at 200% of the investment / expenditure.
6. Development of local suppliers
• The projects promoted will benefit from an additional exemption ceiling from corporate tax at 200% of the investment / expenditure.
7. Product and packaging design
• The projects promoted will benefit from an additional exemption ceiling from corporate tax at 200% of the investment / expenditure.
All promoted projects will benefit from an additional exemption from the CIT for a maximum of 3 years.
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For more information please contact:
Investment Council of Thailand
Phone. +66 (0) 2553 8111
E-mail: [email protected]
Website: www.boi.go.th
YouTube: think of Asia, invest in Thailand
