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BOI at Your Service. Corporate Income Tax Holidays up to 8 Years Corporate Income Tax Holidays up to 8 Years Exemption and Reduction of Import Duties.

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Presentation on theme: "BOI at Your Service. Corporate Income Tax Holidays up to 8 Years Corporate Income Tax Holidays up to 8 Years Exemption and Reduction of Import Duties."— Presentation transcript:

1 BOI at Your Service

2 Corporate Income Tax Holidays up to 8 Years Corporate Income Tax Holidays up to 8 Years Exemption and Reduction of Import Duties on Machinery and Raw Materials Exemption and Reduction of Import Duties on Machinery and Raw Materials 50% reduction of corporate income tax 50% reduction of corporate income tax Double deduction of public utilities costs Double deduction of public utilities costs Infrastructure tax allowance Infrastructure tax allowance BOI’s Basic Tax Incentives

3 BOI Fiscal Incentives BOI OFFERS corporate income tax exemptions of up to 8 years -depending on activity and Zone Tax on Corporate Profits  Ordinary Company 30%  Small Co. paid up capital<5M baht -net profit not over 1Mbaht 15% -Net profit over 1M>3M baht 25% -Net profit over 3M baht 30%  Company listing on SET 30% Regional Operating HQ10%

4 Target Industries 1)New Waves  Bio-products  Electronics  Autotronics  Agritronics Bio-materials, Bio-fuel, Life-science IC-design, HDD, Consumer Electronics Electronic Control Units, GPS, Sensors Inspection Equipment for Agricultural Products, Microchips, E-counter, Sensor, Real Time Operating System 3)Green Industries  Waste Treatment & Recovery  Recycling  Eco-products Precious Materials from Electronics Parts Electrical Appliances: Products/ Packaging Electrical Appliances, Automotive Parts 2)Upgrading Industries  Automotives Parts  Electrical Appliances  Food  Rubber Products  Textile Lighting Equipment/ Optical Parts, REM (Accessories) High-quality Tires & Medical Gloves Ready-to-Eat Computerized Electrical Appliances Technical/ Non-woven/ Home Textiles Iron & Steel: Iron Smelting/ Galvanized Steel Petrochemical & Plastics: Aromatics & Olefin Chain (EPDN, PC, POM, ABS, MMA, Compound Plastics) Basic Industries

5 BOI Basic Promotion Packages 3 Investment Promotion Zones to promote industrial decentralization Zone: Incentives: Lower Higher Incentives

6 Zones Sector Matrix: Incentives to strengthen competitiveness Strategic or Priority Industries Maximum incentives regardless of location Customized packages Zone-Based Incentives: Zone 1 Zone 2 Zone 3

7 % of First Three Years’ Sales Add. Income Tax Exemption, No cap 1% or at least 150 million baht1 year 2% or at least 300 million baht2 years 3% or at least 450 million baht3 years Additional incentives for skills, technology, and innovation (Optional) Investment and Expenditures on: Research and development or design Advanced technology training Funding of educational and research institutes Note: Corporate income tax holiday may not exceed eight years.

8 BOI’s Non-Tax Incentives Land ownership rights for foreign investors Land ownership rights for foreign investors Permission to bring in foreign experts and technicians Permission to bring in foreign experts and technicians Long-term visa for foreign investors Long-term visa for foreign investors (One-Stop Service Center for Visas and Work Permits) (One-Stop Service Center for Visas and Work Permits)

9 Local Sourcing BUILD  Promote and develop supporting industries  Strengthen parts and component market  Increase capability of Thai suppliers  Assist suppliers to tailor parts and components production to the needs of manufacturers  Stimulate localization – induce manufacturers to source domestically  Attract foreign investment

10 ASEAN Supporting Industry Database (ASID) Information and profiles of companies in supporting industries and manufacturers of parts and components in 10 ASEAN countries ASID can be easily accessed via the internet at

11 BUILD Programs  Vendors meets customers Suppliers taken directly to assembly plants  VMC Road Show Hannover Fair, MIDEST, MTech  BUILD Marketplace Suppliers exhibit at domestic trade shows  BUILD Sourcing Program Local sourcing for domestic and global supply chain

12 Subcon component manufacturers to participate in Subcon Thailand 2007, held alongside Intermach ’07, South East Asia’s Premiere Machinery Exhibition

13 13 Date and Time 9-13 May 2007 / AM – PM (The exhibition is held during the same period as Intermach 2007) Venue BITEC International Conference and Exhibition Center, Bangkok, Hall 105 Exhibition Area 6,000 square meters Show Profile

14 BOI Office Frankfurt: Bethmannstr 58, 5.OG Frankfurt am Main Tel: (49 69) Fax: (49 69) Europe Desk : BOI Headquarters Bangkok, Thailand Tel: (66)

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