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BOI at Your Service

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

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BOI at Your Service

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  1. BOI at Your Service

  2. Corporate Income Tax Holidays up to 8 Years • Exemption and Reduction of Import Duties on Machinery and Raw Materials • 50% reduction of corporate income tax • Double deduction of public utilities costs • 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 HQ 10%

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

  5. BOI Basic Promotion Packages • 3 Investment Promotion Zones to promote industrial decentralization Zone: 1 2 3 Incentives: Lower Higher Incentives

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

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

  9. Local SourcingBUILD • 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 atwww.asidnet.org

  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 2007 300 component manufacturers to participate in Subcon Thailand 2007, held alongside Intermach ’07, South East Asia’s Premiere Machinery Exhibition

  13. Show Profile • Date and Time 9-13 May 2007/10.00 AM – 07.00 PM (The exhibition is held during the same period as Intermach 2007) • Venue BITEC International Conference and Exhibition Center, Bangkok,Hall105 • Exhibition Area 6,000 square meters

  14. BOI Office Frankfurt: Bethmannstr 58, 5.OG 60311 Frankfurt am Main Tel: (49 69) 92 91 230 Fax: (49 69) 92 91 232 E-mail: fra@boi.go.th Europe Desk : BOI Headquarters Bangkok, Thailand Tel: (66) 2 537 8111 Email: marketing@boi.go.th

  15. WWW.BOI.GO.TH

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