New BOI's investment promotion criteria and activities, presented by Mrs. Hirunya Suchinai, Acting Secretary General of the Board of Investment on Dec 15, 2014
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion and related announcements including essential rules and criteria for applying investment promotion.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion and related announcements including essential rules and criteria for applying investment promotion.
The objective of this special measure for the investment year is to stimulate investment in targeted industries, especially large-scale projects with a positive impact on the country’s economy. All eligible projects are able to locate in any area except Bangkok.
BOI Unit for Industrial Linkage Development or BUILD unit was established under the Thailand Board of Investment to support industrial linkage and use of industrial parts manufactured in Thailand.
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the
principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion and related announcements including essential rules and criteria for applying investment promotion.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion and related announcements including essential rules and criteria for applying investment promotion.
The objective of this special measure for the investment year is to stimulate investment in targeted industries, especially large-scale projects with a positive impact on the country’s economy. All eligible projects are able to locate in any area except Bangkok.
BOI Unit for Industrial Linkage Development or BUILD unit was established under the Thailand Board of Investment to support industrial linkage and use of industrial parts manufactured in Thailand.
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the
principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
Brief Explanation about Special Economic Zones in India and its benefits to the Indian Economy and how these SEZ's are helping the economy to grow and create employment in the Indian undeveloped Sectors.
The Royal Thai Government recognizes the importance of sustainable economic development. Various policies have been introduced to address technological, economic and institutional challenges to move the country towards a sustainable biobased economy.
#Export Promotion Schemes# By SN Panigrahi
#ExportPromotionSchemes
Export & Import in India is governed by the certain rules and regulation, which are issued by the import-export governing bodies. They are not only Regulating Authorities but also focus Primarily on Promotion of Exports and Long Term Growth of Foreign Trade in a holistic Manner.
Special Economic Zone is the most discussed and disputed topic in India. For the economic development and to encourage export of various things and to take place in globalization all the countries are contributing themselves and trying for it consciously and SEZ is one of the parts of this. All over the opposition to SEZ, but for financial development, export growth, increase employment of the country, SEZ is essential. Government has passed special SEZ Act and implementation is doing. It is necessary to see the SEZ in positive view. SEZ projects should be started in backward area for
development of regional equilibrium. SEZ have been acquired land from the farmers, government should be done rehabilitation and included them as shareholders of the SEZ projects as well as the family members of the farmers should be reserved some vacancies of employment. Employment should be provided to the local workers, for existence of SSI to prepare list of articles of SSI, to limitations of maximum land acquired for SEZ etc. options should be considered by Government then farmers are helping to SEZ and economic development is done through SEZ.
Basic understanding of SEZs, Indian SEZs, Capability and need of SEZs in an Economy like India, Statewise number of SEZs in India, Upcoming SEZs, Exports from Indian SEZs, Incentives and Benefits of SEZs, Advantages and Disadvantages of SEZs
Thailand company formation, doing business in thailandolgamoll
Thailand company formation, doing business in thailand Thailand company formation, doing business in thailand Thailand company formation, doing business in thailand
Brief Explanation about Special Economic Zones in India and its benefits to the Indian Economy and how these SEZ's are helping the economy to grow and create employment in the Indian undeveloped Sectors.
The Royal Thai Government recognizes the importance of sustainable economic development. Various policies have been introduced to address technological, economic and institutional challenges to move the country towards a sustainable biobased economy.
#Export Promotion Schemes# By SN Panigrahi
#ExportPromotionSchemes
Export & Import in India is governed by the certain rules and regulation, which are issued by the import-export governing bodies. They are not only Regulating Authorities but also focus Primarily on Promotion of Exports and Long Term Growth of Foreign Trade in a holistic Manner.
Special Economic Zone is the most discussed and disputed topic in India. For the economic development and to encourage export of various things and to take place in globalization all the countries are contributing themselves and trying for it consciously and SEZ is one of the parts of this. All over the opposition to SEZ, but for financial development, export growth, increase employment of the country, SEZ is essential. Government has passed special SEZ Act and implementation is doing. It is necessary to see the SEZ in positive view. SEZ projects should be started in backward area for
development of regional equilibrium. SEZ have been acquired land from the farmers, government should be done rehabilitation and included them as shareholders of the SEZ projects as well as the family members of the farmers should be reserved some vacancies of employment. Employment should be provided to the local workers, for existence of SSI to prepare list of articles of SSI, to limitations of maximum land acquired for SEZ etc. options should be considered by Government then farmers are helping to SEZ and economic development is done through SEZ.
Basic understanding of SEZs, Indian SEZs, Capability and need of SEZs in an Economy like India, Statewise number of SEZs in India, Upcoming SEZs, Exports from Indian SEZs, Incentives and Benefits of SEZs, Advantages and Disadvantages of SEZs
Thailand company formation, doing business in thailandolgamoll
Thailand company formation, doing business in thailand Thailand company formation, doing business in thailand Thailand company formation, doing business in thailand
Punjab Board of Investment and Trade (PBIT) is Punjab’s premier Investment promotion agency linking Punjab to a global network of progressive investors – promoting projects with burgeoning potential and high IRR. This one-window-operation also facilitates investors by streamlining procedures and institutional processes through proactive policy advocacy within the government.
Thailand Board of Investment Promotion Strategy 2015SiamStartup
Curious about investing in Thailand? This new 2015 document of new board of investment policy in Thailand will give you all the answers you need, straight from the government.
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
By Ms. Sonklin Ploymee, Deputy Secretary General, Thailand Board of Investment (This is a part of "Investment Opportunities: Thailand's Innovation Ecosystem" webinar on May 13, 2021)
The government of Thailand has perceived the significance of cluster in the development of the nation’s economy. The cabinet and the Thailand Board of Investment, therefore, proposed the Cluster-based Special Economic Development
Zones Policy, or the Cluster Policy in short, which came into effect on September 16, 2015.
In September 2014, the Thai government released a policy statement highlighting the nation’s plan to expand support of science, technology, research & development (R&D), and development & innovation. The new policy highlighted five separate targets to stimulate Thailand’s R&D capabilities.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion and related announcements including essential rules and criteria for applying investment promotion.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from
January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion, and related announcements including essential rules and criteria for applying investment promotion.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion and related announcements including essential rules and criteria for applying investment promotion.
Presented by Ms. Ajarin Pattanapanchai, at the seminar "Thailand: Business Opportunities for Quebec Companies" on March 1, 2016 at Hotel Omni Mont-Royal, Montreal, Canada
Similar to Seven-Year Investment Promotion Strategy (2015-2021) (20)
The guide provides an overview of the business environment in Thailand, with information about company establishment, taxation, intellectual property rights, and legal issues.
Presented by Asst. Prof. Nayot Kurukitkoson, PhD, Executive Committee of the EEC Human Development Center, and Vice President for EEC Affairs, Burapha University, on March 16, 2023
Thailand has an extensive innovation network made up of various supporting parties, from government bodies, the private sector, to venture capital and other organizations including research laboratories and academic institutions.
Thailand is the perfect second home for expats. The country was ranked 14th out of 59 global locations with the nation’s capital Bangkok placing 4th in Asia in the Expat City Ranking 2021,5 with the majority of expats expressing satisfaction with the cost of living and their quality of life in Thailand.
Thailand is introducing a new visa called “Long-Term Resident (LTR )” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for high potential foreigners.
Presented by Mr. Varghese Poulouse Nalian, President & General Manager of Performance Additives Business, Momentive Performance Materials (Thailand), on June 29, 2022
This measure is aimed to promote investment in targeted activities in three provinces – Chachoengsao, Chon Buri, and Rayong, as well as to encourage private sector to participate in human resource development. As EEC development is part of the policy to drive Thailand towards Thailand 4.0, investors in the targeted activities located in designated areas or in promoted industrial estates/industrial zones, or the investors involved in the human resource development in the EEC will enjoy additional tax incentives, apart from a standard tax package.
Thailand is introducing a new visa under "Long-Term Resident (LTR)" program, which provides a wide range of tax and non-tax benefits to enhance the country's attractiveness as a regional hub for living and doing business for "high-potential" foreigners.
This Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide basic information on BOI investment promotion for applications submitted from January 1, 2015, onward. This guidebook comprises investment promotion incentives and privileges, the list of activities eligible for investment promotion, and related announcements including essential rules and criteria for applying for investment promotion.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
1. Seven-Year Investment Promotion Strategy
(2015 - 2021)
Investment Promotion Criteria and Activities
Mrs. Hirunya Suchinai
Acting Secretary General of the Board of Investment
15 December 2014
Grand Diamond Ballroom, IMPACT FORUM, Muang Thong Thani
2. 2
To promote valuable investment, both investment in
Thailand and Thai overseas investment to enhance
Thailand’s competitiveness, to overcome the
“Middle Income Trap” and to achieve sustainable
growth in accordance with the sufficiency economy
philosophy
7-Year Investment Promotion Vision
3. 3
6 Major Points of Investment Promotion Policy (1/2)
1. Promote investment that helps enhance national
competitiveness by encouraging R&D, innovation, value
creation in the agricultural, industrial and services
sectors, SMEs, fair competition and inclusive growth
2. Promote activities that are environment-friendly, save
energy or use alternative energy to drive balanced and
sustainable growth
3. Promote clusters to create investment concentration in
accordance with regional potential and strengthen value
chains
4. 4
6 Major Points of Investment Promotion Policy (2/2)
4. Promote investment in border provinces in Southern
Thailand to help develop the local economy, which will
support efforts to enhance security in the area
5. Promote special economic zones, especially in border
areas, both inside and outside industrial estates, to create
economic connectivity with neighboring countries and to
prepare for entry into the ASEAN Economic Community
(AEC)
6. Promote Thai overseas investment to enhance the
competitiveness of Thai businesses and Thailand’s role in
the global economy
5. 5
New Approach to Granting Investment Incentives
Activity-based Incentives Merit-based Incentives
+
Classified incentives based on
the importance of activities
Grant additional incentives to encourage
more investment/expenditures that
benefit the country or overall industry
A1
A2
A3
A4
B1
B2
1. Competitiveness Enhancement
2. Decentralization
3. Industrial Area Development
6. A1
A2
A3
A4
B1
B2
A1: Knowledge-based activities, focusing on
R&D and design to enhance the country’s
competitiveness (8-year CIT exemption without
cap, exemption of import duty on
machinery/raw materials and non-tax
incentives)
A2: Activities in infrastructure for the
country’s development, activities using
advanced technology to create value added,
with none or very few existing
investments in Thailand
(8-year CIT exemption, exemption
of import duty on machinery/raw
materials and non-tax incentives)
A3: High technology activities which are
important to the country’s development,
with a few investments already existing
in Thailand (5-year CIT exemption,
exemption of import duty on
machinery/raw materials and
non-tax incentives)
B1/B2: Supporting industries that do not use high technology but are still important to value chain
(B1 : Exemption of import duty on machinery/raw materials and non-tax incentives
B2 : Exemption of import duty on raw materials and non-tax incentives)
A4: Activities with lower
technology than A1-A3 but
add value to domestic
resources and strengthen
supply chain
(3-year CIT exemption,
exemption of import duty
on machinery/raw
materials and non-tax
incentives)
Activity-based Incentives
7. Group Example Activities
A1 • Production of electricity or electricity and steam from garbage or
refuse derived fuel
• Creative product design and development center
• Electronics design
• R&D
A2 • Manufacture of active ingredients from natural raw materials
• Manufacture of technical fiber or functional fiber
• Manufacture of vehicle parts using high technology
• Manufacture of parts for organic and printed electronics (OPE)
• Manufacture of Active Pharmaceutical Ingredients
• Rail transport services
Examples of GROUP AActivities (1/2)
8. Group Example Activities
A3 • Manufacture of biological fertilizers, organic fertilizers, nano-
organic chemical fertilizers and bio-pesticides
• Manufacture or preservation of food, beverages, food additives or
food ingredients using modern technology
• Manufacture of automobile engines
• Industrial estate or industrial zone for environmental protection
A4 • Manufacture of products from agricultural by-products or
agricultural waste
• Manufacture of Recycled Fiber
• Heat Treatment
• Assembly of machinery and machinery equipment
• Manufacture of products from hygienic paper
Examples of GROUP AActivities (2/2)
9. 1. Merit on Competitiveness Enhancement
Types of Eligible Investments/Expenditures Additional Cap
1. R&D: in-house, outsourced in Thailand or
joint R&D with overseas institutes
200%
2. Donations to Technology and Human
Resources Development Funds, educational
institutes, specialized training centers, R&D
institutes or governmental agencies in S&T
field in Thailand, as approved by the Board
100%
3. IP acquisition/licensing fees for
commercializing technology developed in
Thailand
100%
Merit-based Incentives (1/5)
Additional CIT incentives will be granted depending on
investment/expenditure ratio (%)
10. Types of Eligible Investments/Expenditures Additional Cap
4. Advanced technology training 100%
5. Development of local suppliers with at
least 51% Thai shareholding in advanced
technology training and technical
assistance
100%
6. Product & Packaging Design: in-house or
outsourced in Thailand, as approved by
the Board
100%
10
Merit-based Incentives (2/5)
1. Merit on Competitiveness Enhancement (Cont.)
11. 11
Merit-based Incentives (3/5)
Additional CIT incentives will be granted depending on
investment/ expenditure ratio (%)
1. Merit on Competitiveness Enhancement (Cont.)
Percentage of qualified Investment/
Expenditures to combined revenue
of the first 3 years
Additional CIT
Exemption
(with additional cap)
1% or > 200 mil.baht 1 year
2% or > 400 mil.baht 2 years
3% or > 600 mil.baht 3 years
12. 12
2. Merit on Decentralization
Merit-based Incentives (4/5)
Projects located in 20 provinces with lowest per capita income
- 3 additional years of corporate income tax exemption
- Activities in Group A1 and A2 receive an additional 50% CIT
reduction for 5 years after the end of CIT exemption period
- Double deductions from the costs of transportation, electricity and
water supply for 10 years
- Additional 25% deduction of the cost of installation or construction of
facilities
20 provinces: Kalasin, Chaiyaphum, Nakhon Phanom, Nan, Bueng
Kan, Buri Ram, Phrae, Maha Sarakham, Mukdahan, Mae Hong
Son, Yasothon, Roi Et, Si Sa Ket, Sakhon Nakhon, Sa Kaew,
Sukhothai, Surin, Nong Bua Lamphu, Ubon Ratchatani and
Amnatcharoen
[excluding border provinces in Southern Thailand and Special Economic
Development Zones which have separate special incentive packages]
13. 13
3. Merit on Industrial Area Development
Merit-based Incentives (5/5)
-----------------------------
Projects located in industrial estates or promoted industrial zones
1 additional year of corporate income tax exemption
14. 1. Development of Competitiveness in Agricultural, Industrial and
Service sectors
• Value-added not less than 20% of revenues except for projects in
agriculture and agricultural products, electronic products and parts and coil
centers which must have value added of at least 10% of revenues
• Modern production process must be used
• Projects that have investment capital of 10 million baht or more (excluding
cost of land and working capital) must obtain ISO 9000 or ISO 14000
certification or similar international standard certification within 2 years
from the full operation startup date, otherwise corporate income tax
exemption shall be reduced by one year
• For concession project and the privatization of state enterprise project, the
criteria shall be based on Cabinet’s decisions in 1998 and 2004
14
(1/2)Criteria for Project Approval (1/4)
15. 15
Types of Machinery Allowed to
be used in
the project
Counted as
investment capital
for calculation of
CIT exemption cap
Import Duty
Exemption
1 New Machinery
Imported Used Machinery
2
Not over 5 years old
(from manufacturing year to
importing year)
x
3
Over 5 years up to 10 years old
(Press Machine only)
x
4
Sea and Air Transport Activities
and Mold and Dies
(approved as deemed appropriate)
Remarks: No. 2 and 3 must obtain machinery performance certificate from trusted institutes
identifying machinery efficiency, environmental impact, energy usage and fair value.
• Criteria for Granting Approval for Imported Used Machinery
หลักเกณฑ์การอนุมัติโครงการCriteria for Project Approval (2/4)
16. 16
(1/2)
2. Environmental Protection
• Adequate and efficient guidelines and measures to protect
environmental quality and to reduce environmental impact
must be installed. The Board will give special consideration
to the location and pollution treatment of a project with potential
environmental impact.
• Projects or activities with type and size that are required to
submit environmental impact assessment reports must comply
with related environmental laws and regulations or Cabinet
resolution.
• Projects located in Rayong must comply with the Office of the
Board of Investment Announcement No. Por 1/2554.
Criteria for Project Approval (3/4)
17. 3. Minimum Capital Investment and Project Feasibility
• The minimum capital investment requirement of each project is
1 million baht (excluding cost of land and working capital). As for
knowledge-based services i.e. creative product design and
development center, electronic design, software, R&D and
engineering design, the minimum capital investment requirement
is based on the minimum salaries expense of personnel in the
specified field of at least 1.5 million baht/year according to
conditions of each activity.
• For newly established projects, the debt-to-equity ratio must not
exceed 3 to 1. Expansion projects shall be considered on a case-by-
case basis.
• Projects with investment value of over 750 million baht,
(excluding cost of land and working capital) must submit the
project’s feasibility study. 17
Criteria for Project Approval (4/4)
18. Other Special Policies
18
Investment Promotion Policy for Industrial
Development in Border Provinces in Southern
Thailand
Investment Promotion Policy for Investment in
Special Economic Zones
19. 1. General case all activities eligible for promotion will receive
the maximum tax incentives, as follows:
• Exemption of import duty on machinery
• 75% import duty reduction on raw materials used in
manufacturing for domestic sales for 5 years.
• 8-year corporate income tax exemption (without cap)
• Additional 5-year 50% reduction of corporate income tax
• Double deductions from the costs of transportation,
electricity and water supply for 15 years
• Additional 25% deduction of the cost of installation or
construction of facilities
19
Investment Promotion Policy for Industrial Development in
Border Provinces in Southern Thailand (1/6)
Focus on promoting investment in 4 border provinces in Southern Thailand and
4 districts in Songkhla
20. 1. General case (Cont.)
Conditions
• Minimum capital investment requirement is at least 500,000
baht (excluding cost of land and working capital).
• Projects are allowed to use domestic used machinery of not
more than 10 million baht and investment in new machinery
must account for at least one fourth of the value of domestic
used machinery.
20
Investment Promotion Policy for Industrial Development in
Border Provinces in Southern Thailand (2/6)
** Applications must be submitted within December 31, 2017 **
21. 2. Special case Existing companies, whether or not located in border provinces
in Southern Thailand, will receive tax incentives for both existing projects
and new projects in 4 border provinces in Southern Thailand and 4 districts
in Songkhla.
Existing projects 3-year corporate income tax exemption (subject to cap
which accounts for 100% of investment capital in new projects, excluding
cost of land and working capital)
New projects
• Exemption of import duty on machinery
• 75% import duty reduction on raw materials used in manufacturing
for domestic sales for 5 years.
• 8-year corporate income tax exemption (without cap)
• Additional 5-year 50% reduction of corporate income tax
• Double deductions from the costs of transportation, electricity and water
supply for 15 years
• Additional 25% deduction of the cost of installation or construction of
facilities
21
Investment Promotion Policy for Industrial Development in
Border Provinces in Southern Thailand (3/6)
22. 2. Special case (Cont.)
Conditions
• Minimum capital investment requirement is at least 500,000
baht (excluding cost of land and working capital).
• Projects are allowed to use domestic used machinery of not
more than 10 million baht and investment in new machinery
must account for at least one fourth of the value of domestic
used machinery.
• Applications for new projects must be submitted within
December 31, 2017 with confirmation letter on existing
investment.
• Applications for existing projects must be submitted when the
new projects are complete and ready for operation start-up.
22
Investment Promotion Policy for Industrial Development in
Border Provinces in Southern Thailand (4/6)
23. 3. Promotion of industrial estates or industrial zones and projects
located inside industrial estates or industrial zones or clusters
in border provinces in Southern Thailand will receive the
maximum incentives, as follows:
• Exemption of import duty on machinery
• 75% import duty reduction on raw materials used in
manufacturing for domestic sales for 5 years.
• 8-year corporate income tax exemption (without cap)
• Additional 5-year 50% reduction of corporate income tax
• Double deductions from the costs of transportation,
electricity and water supply for 15 years
• Additional 25% deduction of the cost of installation or
construction of facilities
23
Investment Promotion Policy for Industrial Development in
Border Provinces in Southern Thailand (5/6)
24. 3. Promotion of industrial estates or industrial zones and projects located
inside industrial estates or industrial zones or clusters in border provinces in
Southern Thailand (Cont.)
Conditions
• If the first project is submitted within December 31, 2017 and expansion
project is submitted and generates income before the end of the corporate
income tax exemption period of the first project, the first project can be
merged into the expansion project.
• The first project must have investment of at least 500,000 baht (excluding
cost of land and working capital).
• The expansion project must have investment of at least 25% of the
investment, excluding cost of land and working capital of the first project,
and not less than 500,000 baht (excluding cost of land and working
capital).
• Projects are allowed to use domestic used machinery of not more than 10
million baht and investment in new machinery must account for at least
one fourth of the total value of domestic used machinery.
• Use of foreign unskilled workers is allowed.
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** Applications must be submitted within December 31, 2017 **
Investment Promotion Policy for Industrial Development in
Border Provinces in Southern Thailand (6/6)
25. Investment Promotion Policy for Investment in
Special Economic Zones (1/3)
Must be special economic zones specified by the policy
committee on special economic zone development
At present, the committee has initially identified areas in 5
border provinces to be developed as special economic zones,
namely,
1. Tak province 14 sub-districts with border areas in 3 districts
2. Mukdahan province 11 sub-districts with border areas in 3 districts
3. Sa Kaew province 4 sub-districts with border areas in 2 districts
4. Songklah province 4 sub-districts in Sadao district
5. Trat province 3 sub-districts in Klongyai district
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26. Incentives
In case general activities are eligible for investment promotion,
Projects shall receive the following incentives:
• 3 additional years of corporate income tax exemption
• In cases where projects are already granted an 8-year CIT
exemption, an additional 5-year 50% CIT reduction shall be granted
instead
• Double deductions from the costs of transportation, electricity and
water supply
• Additional 25% deduction of the cost of installation or construction
of facilities
• Exemption of import duty on machinery
• Exemption of import duty on raw materials used for export
production
• Other non-tax incentives
Permission to use foreign unskilled workers 26
Investment Promotion Policy for Investment in
Special Economic Zones (2/3)
27. นโยบายส่งเสริมการลงทุนในเขตพัฒนาเศรษฐกิจพิเศษ
Incentives
In cases of target activities for special economic zones specified by the
policy committee on special economic zone development,
Projects shall receive the following incentives:
• 8-year corporate income tax exemption and additional 5-year 50%
reduction of corporate income tax
• Double deductions from the costs of transportation, electricity and
water supply
• Additional 25% deduction of the cost of installation or construction of
facilities
• Exemption of import duty on machinery
• Exemption of import duty on raw materials used for export
production
• Other non-tax incentives
Permission to use foreign unskilled workers
** Applications must be submitted between
January 1, 2015 and December 31, 2017 ** 27
Investment Promotion Policy for Investment in
Special Economic Zones (3/3)