BOI revamps investment promotion measures in SEZs
covering
• SEZs in 10 provinces: Chiang Rai, Kanchanaburi, Mukdahan, Nakhon Phanom, Narathiwas, Nong Khai, Tak, Trad, Sa Kaeo, and Songkhla
• 14 targeted businesses: Agriculture/Fishery, Ceramics, Pharmaceutics, Electrical Appliances/Electronics, Plastic, Automobile/Machinery/Parts, Logistics, Industrial Estate/Industrial Zone, Medical Devices, Tourism, Furniture, Jewelry/Ornaments, Textile/Clothing/Leather, and others
• More than 300 activities eligible for BOI Promotion
Promoted projects will enjoy incentives such as
• Corporate income tax (CIT) exemption for up to 8 years and 50% CIT deduction for 5 years
• Exemption of import duty on machinery
• Exemption of import duty on raw materials used in production for export
Qualified projects must submit applications within the last working day of 2022.
**The measure is yet to be announced, we will keep you updated on the announcement**
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For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
E-mail: head@boi.go.th
Website: www.boi.go.th
Youtube: Think Asia, Invest Thailand
