BOI at Your Service
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Transcript of BOI at Your Service
BOI at Your ServiceBOI at Your Service
• Corporate Income Tax Holidays up to 8 YearsCorporate Income Tax Holidays up to 8 Years
• Exemption and Reduction of Import Duties on Exemption and Reduction of Import Duties on Machinery and Raw MaterialsMachinery and Raw Materials
• 50% reduction of corporate income tax50% reduction of corporate income tax
• Double deduction of public utilities costsDouble deduction of public utilities costs
• Infrastructure tax allowanceInfrastructure tax allowance
BOI’s Basic Tax Incentives
BOI Fiscal IncentivesBOI Fiscal Incentives BOI OFFERS BOI OFFERS
corporate corporate income tax income tax exemptions of up exemptions of up to 8 yearsto 8 years
-depending on -depending on activity and activity and ZoneZone
Tax on Corporate ProfitsOrdinary 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%
Target IndustriesTarget Industries
1)1) New New WavesWaves
Bio-productsBio-products ElectronicsElectronics AutotronicsAutotronics
AgritronicsAgritronics
Bio-materials, Bio-fuel, Life-science
IC-design, HDD, Consumer Electronics
Electronic Control Units, GPS, Sensors
Inspection Equipment for Agricultural Products, Microchips, E-counter, Sensor, Real Time Operating System
3)3) Green Green IndustriesIndustries
Waste Treatment & Waste Treatment & RecoveryRecovery RecyclingRecycling
Eco-productsEco-products
Precious Materials from Electronics Parts
Electrical Appliances: Products/ Packaging
Electrical Appliances, Automotive Parts
2)2) Upgrading Upgrading IndustriesIndustries
Automotives PartsAutomotives Parts
Electrical AppliancesElectrical Appliances FoodFood Rubber ProductsRubber Products TextileTextile
Lighting Equipment/ Optical Parts, REM (Accessories)
High-quality Tires & Medical Gloves
Ready-to-Eat
Computerized Electrical Appliances
Technical/ Non-woven/ Home Textiles
Iron & Steel: Iron Smelting/ Galvanized SteelPetrochemical & Plastics: Aromatics & Olefin Chain (EPDN, PC, POM, ABS, MMA, Compound Plastics)
Basic Industries
BOI Basic BOI Basic Promotion Promotion PackagesPackages
• 3 Investment Promotion Zones to promote industrial decentralization
Zone: 1 2 3Incentives: Lower Higher Incentives
ZonesZones Sector Matrix:Incentives to strengthen
competitiveness
Strategic or Priority Industries
• Maximum incentives regardless of location
• Customized packagesZone-Based Incentives:
• Zone 1
• Zone 2
• Zone 3
% of First Three Years’ Sales Add. Income Tax Exemption, No cap
1% or at least 150 million baht 1 year
2% or at least 300 million baht 2 years3% or at least 450 million baht 3 years
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.
BOI’s Non-Tax IncentivesBOI’s Non-Tax Incentives
• Land ownership rights for foreign investorsLand ownership rights for foreign investors
• Permission to bring in foreign experts and Permission to bring in foreign experts and technicianstechnicians
• Long-term visa for foreign investors Long-term visa for foreign investors (One-Stop Service Center for Visas and Work (One-Stop Service Center for Visas and Work
Permits)Permits)
Local SourcingLocal SourcingBUILDBUILD
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
ASEAN Supporting ASEAN Supporting Industry Database Industry Database (ASID)(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 at www.asidnet.org
BUILD ProgramsBUILD Programs Vendors meets customers
Suppliers taken directly to assembly plants
VMC Road ShowHannover Fair, MIDEST, MTech
BUILD MarketplaceSuppliers exhibit at domestic trade shows
BUILD Sourcing ProgramLocal sourcing for domestic and global supply
chain
Subcon 2007Subcon 2007
300 component manufacturers to participate in Subcon Thailand 2007, held alongside Intermach ’07, South East Asia’s Premiere Machinery Exhibition
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• Date and Time- 913May 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, Hall 105
• Exhibition Area6,000 square meters
Show ProfileShow Profile
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: [email protected]
Europe Desk : BOI HeadquartersBangkok, Thailand
Tel: (66) 2 537 8111 Email: [email protected]
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