Five measures under the productivity improvement measures:
- Energy conservation, alternative energy utilization, or environmental impact reduction
- Machinery upgrade
- Research and development, or engineering design
- Implementation of international sustainability standards
- Adoption of digital technologies (the measure is yet to be announced, we will keep you updated on the announcement.)
Promoted activities will enjoy a 3-year corporate income tax (CIT) exemption, accounting for 50% of the investment to improve productivity.
Qualified projects must submit applications within the last working day of 2022.
For more details, please go to https://bit.ly/3sCuRVY
**Available in Thai only**
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For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
E-mail: [email protected]
Website: www.boi.go.th
Youtube: Think Asia, Invest Thailand
