Global Trade Alert
Global Trade Alert

Thailand: BOI provided foreign investment incentives to the manufacture of high-tech machinery

Announcement

10 Oct 2022

In October 2022, the Board of Investment of Thailand provided import duties exemption on raw materials and CIT exemption to foreign investment in the manufacture of high-technology machinery. 

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

17 Aug 2022

Revocation date:

No revocation date

Updated: 10 Oct 2022
Tax or social insurance relief In force

On 10 October 2022, the Board of Investment of Thailand issued Announcement No. Sor. 5/2565, granting a tax concession to foreign investment in the following in the form of a 3-year corporate incom...

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Updated: 10 Oct 2022
Tax or social insurance relief In force

On 10 October 2022, the Board of Investment of Thailand issued Announcement No. Sor. 5/2565 granting a tax concession to foreign investors in the following industries in the form of import dut...

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Implementation date

17 Aug 2022

Revocation date:

No revocation date

Updated: 10 Oct 2022
FDI: Financial incentive In force

On 10 October 2022, the Board of Investment of Thailand issued Announcement No. Sor. 5/2565 providing an 8-year corporate income tax exemption for foreign investment in the...

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Updated: 10 Oct 2022
Import tariff In force

On 10 October 2022, the Board of Investment of Thailand issued Announcement No. Sor. 5/2565 providing incentives to foreign investors in the following industries in the form of import duties exempt...

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