INVESTOR’S PRIVILEGES
WITH OUR PROJECT
BOI
Tax Incentives
- Corporate income tax exemption for up to 13 years (depending on type of business and conditions)
- 50% corporate income tax reduction for up to 5 years
- Exemption of import duty on machinery
- Exemption of import duty on raw materials for production for export
- Exemption of import duties on goods imported for use in research and development.
Non-Tax Incentives
- Permit foreigners to study investment avenues
- Permit foreign technicians and experts are allowed to work
- Permit to export foreign currency
- Grants investors permission to own land for carrying out industrial activities under-promoted projects.
Centre of Investment Service
- Services for visa and work permit.
EEC
Special Deductions
- Additional tax deductions granted for certain expenses such as R&D on technology and innovation, production line upgrade.
- Investments that are new to Thailand or using advanced manufacturing technologies in targeted industries may be entitled to special incentives.
Land and Real Estate Ownership
- Foreign entities can own land and properties for their business operation.
- Foreign entities are also allowed to own properties for residential purpose.
- Foreign entities are entitled to enter into lease/sublease/lease-out contract of land or real estate within the Promoted Zones for 50 years and renew upon approval for 49 years.
Financial Transaction
- Business operators are exempted from the Law on Foreign Currency Exchange Control and can use foreign currencies in the Promoted Zones.