Global Trade Alert
Global Trade Alert

Thailand: BOI provided investment incentives for certain hospital businesses

Announcement

17 Mar 2025

In March 2025, the Board of Investment of Thailand provided investment incentives for certain hospital businesses. 

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

4 in force

Implementation date

17 Mar 2025

Revocation date:

No revocation date

Import tariff In force

On 17 March 2025, the Board of Investment of Thailand issued Announcement Sor. No. 3/2025, exempting import duties on raw materials and machinery for hospital businesses. Notably, this measure only af...

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Labour market access In force

On 17 March 2025, the Board of Investment of Thailand issued Announcement Sor. No. 3/2025, granting a temporary simplified visa requirement for foreign workers to work for hospital businesses. To be e...

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Implementation date

17 Mar 2025

Revocation date:

No revocation date

Tax or social insurance relief In force

On 17 March 2025, the Board of Investment of Thailand issued Announcement Sor. No. 3/2025, granting a tax concession to hospital businesses in the form of import duty exemptions on raw materials and m...

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Tax or social insurance relief In force

On 17 March 2025, the Board of Investment of Thailand issued Announcement Sor. No. 3/2025, granting a two-year corporate income tax (CIT) exemption for companies entering joint ventures with governmen...

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