Targeted Industries Smart Electronics
Special Measures for Investment Stimulation
2019
Digital Aviation and Logistics
Agriculture and Biotechnology
Medical Hub
Next-Generation Automotive Afuent, Medical and Wellness Tourism
Investment Year
Automation and Robotics Biofuels and Biochemicals Food for the Future
Welcome to
Samut Prakan
Special Measures Investment Year 2019 Objective of this special measure for the investment year is to stimulate investment in targeted industries, especially large-scale projects with positive impact to the country’s economy. All eligible projects are able to locate in any area except Bangkok.
Thailand Board of Investment
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok 10900 Tel: +66 2553 8111 Fax: +66 2553 8315 E-mail: head@boi.go.th Website: www.boi.go.th
Think Asia, Invest Thailand
EN Feb 2019
Thailand Board of Investment
www.boi.go.th
50%
Procedures After the Promotion Approval
Additional
reduction for corporate income tax (CIT) for
3
Notification letter issuance date
years
Machinery importation due date
Promotion resolution acceptance
For eligible activity under
Investment promotion certificate issuance
A1,andA2 A3 1 months
6 months
30 months
Full operation due date
6 months
The total period of all procedures must not exceed 43 months
Conditions 1. Applications must be submitted from November 19, 2018 to December 30, 2019.
Rights and Privileges 50% reduction of corporate income tax for 3 years from the end of corporate income tax exemption period
2. Must be under eligible activity A1, A2 and A3, except for those that do not have permanent locations, e.g. air transport services, maritime transport services, etc. Projects must be entitled for corporate income tax exemption of not more than 8 years. 3. Must have minimum investment capital (excluding cost of land and working capital) of at least 1,000 million baht. 4. Must follow all BOI’s stipulated timeline.
5. Must apply for additional incentives under this measure when reporting for the full project operation and before t h e e n d o f co r p o ra t e i n co m e t a x exemption privileges both in terms of tax exemption period and amount.