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Bangkok Post - BOI Implements Digital Technology Adoption in Productivity Improvement Measures
BOI Implements Digital Technology Adoption in Productivity Improvement Measures
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BOI Implements Digital Technology Adoption in Productivity Improvement Measures

The BOI is encouraging manufacturing and services businesses to adopt digital technologies with the following significant conditions:

• Must be existing projects, either BOI or non-BOI promoted, activities of which must be eligible for CIT exemption.

• Investment of not less than 1 million baht (excluding cost of land and working capital).

• Must propose a digital technology adoption plan, with no requirement for investment in machinery or equipment, for example:

• Employing digital software or information technology in resource management.

• Implementing Artificial Intelligence (AI) and Machine Learning.

• Adopting Big Data Analytics.

• Employing digital software or information technology in accessing the National e-Payment System.

Promoted activities will enjoy a 3-year corporate income tax (CIT) exemption, accounting for 50% of the investment in improving productivity.

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

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