BOI: 2019 Investment Year

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.