Thailand Board of Investment aims to develop the potential of entrepreneurs and enhance their ability to access funding.
Promoted projects will enjoy an additional 100% CIT exemption on the investment value (excluding cost of land and working capital).
Significant conditions
• Projects granted BOI promotional privileges can apply for the incentive even if they have already started to generate income if they still have valid corporate income tax (CIT) exemption rights.
• Proposed projects must be listed on the SET or mai before submitting the application for this incentive measure.
Applications must be submitted within the last working day of 2022.
For more details, please go to:
https://www.boi.go.th/upload/content/17_2564_60668e2238781.pdf
**Available in Thai only**
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Source: Bangkok Post
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