Keywords: Mazars, Thailand, Legal, BOI, MAI, SMEs
4 January 2018
The ceiling for corporate income tax exemptions will be raised to 200 per cent, effective from 1 January 2018 to 30 December 2020. The aim is to provide support to Thai SMEs to develop their capabilities, achieve sustainable growth, and gain access to financial funds to take advantage of opportunities on the international market.
The BOI also approved a new investment incentives category, “Trade and Product Development Center”, to support SMEs in regard to product development, increasing distribution channels, and accessing markets. Applications for incentives in this category must be submitted by 30 December 2018.
For more information, please visit the Investor Club Association's website.