ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On 28 April 2012, the Thailand Board of Investment (BoI) issued Announcement No. 2/2555 providing incentives for investments in industrial estates or BoI-promoted industrial zones in Ayutthaya and Pathumthani provinces as part of measure to rehabilitate flood-affected investments.
The incentives apply to new investment projects and provide for corporate income tax reductions and import duty exemption on new machinery and used machinery, which is not more than 10 years old. These incentives can alter the relative treatment of firms, including foreign firms, in different locations in Thailand.
⚑ Please report this page in case you detect an inaccuracy in its content.