Announcement
28 Jun 2024
In June 2024, the Board of Investment of Thailand (BoI) provided fiscal incentives to automotive parts companies.
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Number of interventions
3
2 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
28 Jun 2024
Revocation date:
31 Dec 2025
Updated: 28 Jun 2024
Local content incentive
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 m...
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Updated: 28 Jun 2024
Tax or social insurance relief
On 28 June 2024, the Board of Investment of Thailand (BoI) issued Announcement No.11/2024, granting a tax concession to automotive parts companies in the form of import duties exemption on machiner...
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Implementation date
28 Jun 2024
Revocation date:
31 Dec 2025
Updated: 28 Jun 2024
Import tariff
On 28 June 2024, the Board of Investment of Thailand (BoI) issued Announcement No.11/2024, exempting import duties on machinery for automotive parts companies. This action only applies to a subset ...
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