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Global Trade Alert

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Thailand: BoI exempted import duties on machinery and CIT for investments in local SMEs

Description

On 8 December 2022, the Board of Investment of Thailand (BoI) issued Announcement No.16/2565, granting a tax concession to local SMEs in the form of import duties exemption. This action only applies t...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jan 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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