Rate
—
Duration
13 years
Prior non-residency
—
required before applying
Standard top income tax
35.0%
Thailand, without the regime
Overview
- Regime
- BOI Investment Promotion
- Country
- Thailand
- Type
- Exemption
- Status
- Active
- Effective from
- Jan 1, 2015
- Expires on
- —
Details
- Summary
- Board of Investment grants CIT exemptions and reductions for promoted activities in targeted industries.
- Eligibility
- Companies investing in BOI-promoted activities (technology, innovation, R&D, advanced manufacturing, digital)
- Benefits
- CIT exemption for 3-8 years (uncapped or capped depending on activity tier), 50% CIT reduction for additional 5 years, import duty exemptions on machinery
- Requirements
- Must apply for and receive BOI promotion certificate. Meet investment and operational conditions.
- Limitations
- Only applies to income from promoted activities. Must maintain promoted status and conditions.
- Income types covered
- Corporate income from promoted activities
- Duration details
- Up to 13 years of tax benefits
Other regimes in Thailand
| Name | Type | Rate |
|---|---|---|
| Long-Term Resident (LTR) Visa Tax Benefits | Flat rate | 17.0% |
View source Thailand BOI