Chat
x
Contact Us
Get in Touch with Us!
e-Services
Get more information
toggle menu
Contact Us
Get in Touch with Us!
e-Services
Get more information
toggle menu

Investment Promotion Criteria

Criteria for Project Approval

The Board of Investment stipulates the following criteria for project approval:

  1. Development of competitiveness in the agricultural, industrial and services sectors
    1. The value added of the project must not be less than 20% of revenues, except for projects in agriculture and agricultural products, electronic products and parts, and coil centers, all of which must have value added of at least 10% of revenues.
    2. Modern production processes must be used.
    3. New machinery must be used.
      In case of imported used machinery, criteria are as follows:
      1. In case of used machinery not over 5 years old, counting from the manufacturing year to the importing year, the machinery shall be allowed to be used in the project and counted as investment capital for the calculation of the cap on corporate income tax exemptions; however, they shall not be granted import duty exemption. A machinery performance certificate issued by a trusted institute identifying efficiency, environmental impact and energy usage for the machine, as well as its fair value, must be obtained.
      2. In case of used machinery over 5 years old but not exceeding 10 years old, counting from the manufacturing year to the importing year, only press machines shall be allowed to be used in the project and counted as investment capital for the calculation of the cap on corporate income tax exemptions; however, they shall not be granted import duty exemption. A machinery performance certificate issued by a trusted institute identifying efficiency, environmental impact and energy usage for the machine, as well as its fair value, must be obtained.
      3. For sea and air transport activities and molds and dies, used machinery over 10 years old, counting from the manufacturing year to the importing year, may be allowed to be used in the project as deemed appropriate, counted as investment capital for the calculation of the cap on corporate income tax exemptions and granted machinery import duty exemption.Criteria shall be as specified by the Office of the Board of Investment.
  2. Environmental protection
    1. Adequate and efficient guidelines and measures to protect environmental quality and to reduce environmental impact must be installed. The Board will give special consideration to the location and pollution treatment of a project with potential environmental impact.
    2. Projects or activities with type and size that are required to submit environmental impact assessment reports must comply with the related environmental laws and regulations or Cabinet resolutions
    3. Projects located in Rayong must comply with the Office of the Board of Investment Announcement No. Por 1/2554 dated May 2, 2011 on Industrial Promotion Policy in Rayong Area.
  3. Minimum capital investment and project feasibility
    1. The minimum capital investment requirement of each project is 1 million baht (excluding cost of land and working capital) unless specified otherwise on the list of activities eligible for investment promotion that is attached to this announcement.

          As for knowledge-based services, the minimum capital investment requirement is based on the minimum annual salaries expense specified in the list of activities eligible for investment promotion that is attached to this announcement.

    2. For newly established projects, the debt-to-equity ratio must not exceed 3 to 1. Expansion projects shall be considered on a case-by-case basis.
    3. For projects with investment value of over 750 million baht, (excluding cost of land and working capital), the project’s feasibility study must be submitted with details as specified by the Board.

Source: Announcement of the Board of Investment No. 2 /2557

Last Updated: November 2015

ขออภัยครับ

ขออภัยครับ ไม่มีข้อมูลส่วนนี้ ในภาษาที่ท่านเลือก !

Sorry, There is no information support your selected language !

Download และ ติดตั้งโปรแกรมอ่าน PDF

Download PDF Reader