Latest Tax Issues And Practical Aspects For Successful Investment

Thailand has ..

• Investment promotion Act
• National Competitiveness Act
• The Revenue Code

INVESTMENT PROMOTION ACT

East Economic Corridor (EEC)

Tax benefits to be granted from the BOI to a company operating in the EEC

1. Corporate income tax exemption for 10 years for investment in the aviation promotion zone, and the Innovation or Digital Park Thailand in the EEC;

2. Reduction of 50 % of   corporation income tax for 5 years after expiry of the period of the tax exemption for investment in the aviation promotion zone, and the Innovation or Digital Park Thailand in the EEC;

3.  Investment  in  any  of  10  targeted  industries  in  the  EEC  is  eligible  for  an  exemption  from corporate income tax for 8 years;