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Global Trade Alert

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Thailand: BOI provided fiscal incentives to automotive parts companies

Description

On 28 June 2024, the Board of Investment of Thailand (BoI) issued Announcement No.11/2024, providing CIT exemption to automotive parts companies having at least 30% of their machinery produced or manu...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

28 Jun 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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