What benefits can my company enjoy under the Board of Investment (BOI) promotion?
Last Updated: Mar 14, 2022
I am a tech business owner currently based in Europe, but looking to move operations to Asia, I would like to explore and compare options.
Posted Sat, Feb 26, 2022 6:36 AM
Once the company is BOI promoted, the following basic incentives may be granted:
Exemption of corporate income tax
Exemption of import duties on machinery
Exemption of import duties on raw materials used in R&D
Exemption of import duties on raw materials used in production for export