The Thailand Board of Investment (BOI) is enhancing merit-based incentives in a move to boost industrial competitiveness.

Seven investment / expense areas

** no minimum investment required**

Additional corporate income tax (CIT) exemption for up to 3 years.

1. Research and Development (R&D)

• Promoted projects will enjoy an additional CIT exemption ceiling at 300% of investment / expense

2. Donation to technology and HR development funds, educational institutes and specialised training centers in science and technology fields

• Promoted projects will enjoy an additional CIT exemption ceiling at 100% of investment / expense

3. Participation in apprenticeship programs and advanced technology training

• Promoted projects will enjoy an additional CIT exemption ceiling at 200% of investment / expense

4. IP acquisition / licensing fees for commercialising technologies in Thailand

• Promoted projects will enjoy an additional CIT exemption ceiling at 200% of investment / expense

5. Advanced technology training

• Promoted projects will enjoy an additional CIT exemption ceiling at 200% of investment / expense

6. Development of local suppliers

• Promoted projects will enjoy an additional CIT exemption ceiling at 200% of investment / expense

7. Product & packaging design

• Promoted projects will enjoy an additional CIT exemption ceiling at 200% of investment / expense

All promoted projects will enjoy an additional CIT exemption for up to 3 years.

.....................................................................................................

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