Global Trade Alert
Global Trade Alert

Thailand: Government granted several tax concessions to certain SMEs

Announcement

05 Jun 2025

In June 2025, the Board of Investment of Thailand granted several tax concessions to certain SMEs. 

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Number of interventions

4

3 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

05 Jun 2025

Revocation date:

No revocation date

Updated: 22 Jun 2025
Tax or social insurance relief In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement No. 5/2025, providing a 5-year corporate-income-tax exemption (CIT) to certain SMEs in the following sectors:

  1. ...
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Updated: 22 Jun 2025
Localisation, nes In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement No. 5/2025, requiring major Thai shareholders to receive import duty exemptions on raw materials to certain SMEs in the follo...

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Updated: 22 Jun 2025
Tax or social insurance relief In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement No. 5/2025, granting a tax concession to certain SMEs in the following sectors in the form of import duty exemptions:

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Implementation date

05 Jun 2025

Revocation date:

No revocation date

Updated: 22 Jun 2025
Import tariff In force

On 5 June 2025, the Board of Investment of Thailand issued Announcement No. 5/2025, exempting import duties on machinery for certain SMEs in the following sectors:

  1. Agricultural
  2. ...
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