Announcement
24 Mar 2025
In March 2025, the Cabinet of Thailand reduced corporate tax income (CIT) for companies hiring qualified returning Thai professionals in the targeted industries.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 Mar 2025
Revocation date:
31 Dec 2029
Updated: 24 Mar 2025
Tax or social insurance relief
In force
On 24 March 2025, the Cabinet of Thailand approved Royal Decree No. 793, reducing the corporate income tax (CIT) for the following targeted industries:
- Next-Generation Automotive
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Updated: 24 Mar 2025
Local labour incentive
In force
On 24 March 2025, the Cabinet of Thailand approved Royal Decree No. 793, granting a temporary local hire incentive in the form of corporate income tax (CIT) deduction in the following targeted indu...
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