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Thailand announces tax measures supporting investments in Special Economic Zones and Industry 4.0 — Orbitax

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Thailand announces tax measures supporting investments in Special Economic Zones and Industry 4.0

|Tax Alerts, Legislation & Policy, Na ...|Thailand
Thailand

The Thai Cabinet has approved two draft Royal Decrees (the Royal Decrees)1 providing tax measures to promote investments in a Special Economic Zone2 (SEZ) and support personnel development for Industry 4.0.

Reduction of corporate income tax (CIT) rate for SEZ

  • The Royal Decrees extended the deadline to register for a reduction of the CIT rate from 20% to 10% for businesses based in an SEZ (SEZ operat…

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