BOI improves merit-based incentives

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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

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