Announcement
04 Nov 2022
In November 2022, the Board of Investment of Thailand approved several measures under the New Investment Promotion Strategy (2023-2027).
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Number of interventions
7
5 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
01 Jan 2023
Revocation date:
31 Dec 2027
Updated: 30 Nov 2022
Local labour incentive
In force
On 4 November 2022, the Board of Investment of Thailand provided a CIT exemption to investments in SMEs in the creative, tourism, agriculture, food and bio-energy industries. The CIT was reduced from ...
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Updated: 30 Nov 2022
Tax or social insurance relief
In force
On 4 November 2022, the Board of Investment of Thailand granted a tax concession to foreign companies that relocate their activities to Thailand under the New Investment Promotion Strategy (2023-2027)...
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Updated: 30 Nov 2022
Local operations incentive
In force
On 4 November 2022, the Board of Investment of Thailand provided incentives to investments in upstream industries entailing innovation and high-tech in the form of import duties exemption on raw mater...
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Updated: 30 Nov 2022
Tax or social insurance relief
In force
On 4 November 2022, the Board of Investment of Thailand granted a tax concession to in upstream industries entailing innovation and high-tech in the form of import duties exemption on raw materials. T...
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Updated: 29 Nov 2022
Local operations incentive
In force
On 4 November 2022, the Board of Investment of Thailand provided a CIT exemption to investments in SMEs in the creative, tourism, agriculture, food and bio-energy industries. The CIT was reduced from ...
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Implementation date
01 Jan 2023
Revocation date:
31 Dec 2027
Updated: 29 Nov 2022
Import tariff
In force
On 4 November 2022, the Board of Investment of Thailand issued "premium incentives" to investments in upstream industries entailing innovation and high-tech in the form of import duties exemption on r...
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Updated: 29 Nov 2022
FDI: Financial incentive
In force
On 4 November 2022, the Board of Investment of Thailand introduced a "new relocation program" incentive package for companies that relocate their activities to Thailand under the New Investment Promot...
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