Thailand BOI – Electrical Appliances, Electronic and Telecommunication

Thailand Board of Investment grants special benefits to this cluster, if the business is located in Ayutthaya, Pathum Thani, Chonburi, Rayong, Chacheongsao, Prachinburi or Nakhon Ratchasima and falls into one of these categories:

  • Electronic Design e.g. Microelectronics Design and Embedded System Design
  • Electronic Products and Parts using Advance technology e.g. Telecommunication Equipment, Electronic Parts for Medical Devices / Automotive / Industrial Works, Hard Disk Drive, Solid State Drive
  • Materials for Microelectronics e.g. Wafers, Materials Based on Thin-film Technology
  • Advanced Technology Electrical Appliances e.g. Internet of Things

For software business, read Thailand BOI for digital economy cluster.

The following Thailand BOI incentives are granted:

  • 8-year corporate income tax exemption and an additional 5-year 50% tax reduction
  • Import duty exemption on machinery
  • Consideration of granting Permanent Residence to the leading specialist
  • Permission for foreigners to own land to implement the promoted activities

If your business will not be located in the above 7 provinces, you can still be eligible for BOI promotion and receive the benefits (however, the benefits will be less than if located in those provinces). Read the full list of business activities eligible for Thailand BOI promotion.

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