BANGKOK, 5 December 2014 – The Board of Investment of Thailand (BOI) has revealed the new investment promoting strategy complying with the government’s economic policies.
According to Mrs. Hiranya Sujinai, the acting Secretary-General of BOI, the new investment promoting strategy will come into effect on 1 January 2015.
She said that this new strategy will support the government’s economic development policies such as the special economic zones, digital economy encouragement, and the value enhancement of rubber.
The BOI’s new strategy will benefit SME entrepreneurs with the additional 2 years of corporate income tax exemption on top of regular criterion. Investment projects in the special economic zones in Tak, Trat, Sa Kaeo, Songkhla, and Mukdahan province will receive an additional 3 years of tax exemption, said the BOI acting Secretary-General.
She mentioned that businesses and services that support the development of digital economy will receive support and benefits from this new strategy.
The new strategy will also encourage businesses that deal with domestic resources, including rubber processing and the product manufacturing from natural rubber.
The BOI’s new strategy will effectively help push forward the government’s economic policies, said the BOI acting Secretary-General.