BOI Thailand: Tax incentives - Juslaws

What are the Tax
and non-Tax Incentives?

What are the Tax and non-Tax Incentives?

At Juslaws & Consult our team of Layers can support your applications to apply for business under BOI promotion in every sector.

At the present time, BOI Office promotes following business sectors:

  • Agriculture and Agricultural Products
  • Mineral, Ceramics and Basic Metals
  • Light Industry
  • Metal Products, Machinery and Transport Equipment
  • Electronics and Electrical Appliances
  • Chemical, Paper and Plastics
  • Service and Public Utilities
  • Technologies

Different business sectors with consideration of the business scale, locations, turnover and etc. will be eligible for different tax incentives. However, bellow is a complete overview of the Tax and Non-Tax incentives under the BOI promotion.

Tax incentives

  • Exemption/reduction of import duties on machinery.
  • Reduction of import duties for raw or essential materials.
  • Exemption of import duties on materials imported for R&D purposes.
  • Exemption of corporate income tax on the net profit and dividends derived from the promoted activity.
  • Exemption of corporate income tax on net profit and dividends derived from the promoted high technology and innovation activity.
  • A 50 percent reduction of the corporate income tax.
  • Double deduction from the costs of transportation, electricity and water supply.
  • Additional 25 percent deduction of the cost of installation or construction of facilities.
  • Exemption of import duty on raw or essential materials imported for use in production for export.

non-Tax incentives

  • Permit to take out or remit money abroad in foreign currency
  • Permit for foreign nationals to enter the Kingdom for the purpose of studying investment opportunities.
  • Permit to bring into the Kingdom skilled workers and experts to work in investment promoted activities
  • Permit to own land

Juslaws & Consult consists of members with years of experience in the corporate and international business fields. Prestigious directories and legal publications highlight the preeminence of Juslaws’ corporate law practice and its professionals in their yearly rankings.


Your Name

Your Phone Number

Your Email

Your Message

Security Code