Global Trade Alert
Global Trade Alert

Thailand: BOI provided certain investment incentives in battery manufacturing

Announcement

05 Jun 2025

In June 2025, the Board of Investment of Thailand provided investment incentives for certain investments in battery manufacturing.

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jul 2025

Revocation date:

No revocation date

Updated: 18 Jun 2025
Tax or social insurance relief In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement Sor. No.5/2025, granting an eight-year corporate income tax (CIT) exemption for investments in battery manufacturing. The CIT...

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Updated: 18 Jun 2025
Tax or social insurance relief In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement Sor. No.5/2025, granting tax concession to investments in battery manufacturing in the form of import duties exemptions on ra...

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Implementation date

01 Jul 2025

Revocation date:

No revocation date

Updated: 18 Jun 2025
Labour market access In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement Sor. No.5/2025, granting a simplified visa requirement for foreign workers hired under the investments in battery manufacturi...

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Updated: 18 Jun 2025
Import tariff In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement Sor. No.5/2025, exempting import duties on raw materials and machinery for investments in battery manufacturing. Notably, thi...

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