Tax Incentives

  • Corporate income tax exemption for up to 13 years (depending on type of business and conditions)
  • 50% corporate income tax reduction for up to 5 years
  • Exemption of import duty on machinery
  • Exemption of import duty on raw materials for production for export
  • Exemption of import duties on goods imported for use in research and development.

Non-Tax Incentives

  • Permit foreigners to study investment avenues
  • Permit foreign technicians and experts are allowed to work
  • Permit to export foreign currency
  • Grants investors permission to own land for carrying out industrial activities under-promoted projects.

Centre of Investment Service

  • Services for visa and work permit.


Special Deductions

  • Additional tax deductions granted for certain expenses such as R&D on technology and innovation, production line upgrade.
  • Investments that are new to Thailand or using advanced manufacturing technologies in targeted industries may be entitled to special incentives.

Land and Real Estate Ownership

  • Foreign entities can own land and properties for their business operation.
  • Foreign entities are also allowed to own properties for residential purpose.
  • Foreign entities are entitled to enter into lease/sublease/lease-out contract of land or real estate within the Promoted Zones for 50 years and renew upon approval for 49 years.

Financial Transaction

  • Business operators are exempted from the Law on Foreign Currency Exchange Control and can use foreign currencies in the Promoted Zones.