1. All provinces shall be specified as Investment Promotion Zones.

2. Applicants must be existing promoted persons who, under the same juristic persons in the past 15 years (during 2009 – 2023), have at least 3 promoted investment projects with a combined investment value, at the project approval stage, of at least 10 billion Baht excluding costs of land and working capital.

3. Expansion projects with an investment value of at least 500 million baht excluding costs of land and working capital, except activities that are not eligible for the incentives under specific policies as prescribed by the Office, will be eligible for following incentives in addition to the standard criteria:

3.1 An additional corporate income tax exemption for 3 years but must not exceed 13 years in total for activities in groups A1+.

3.2 A corporate income tax reduction of 50 percent of the regular rate, on net earnings from the investment, for a period of 5 years following the expiration of the corporate income tax exemption for activities in groups A1 and A2.

3.3 An additional corporate income tax exemption for 3 years but must not exceed 8 years in total for activities in groups A3, A4, and B.

4. In the case that a project has received a corporate income tax exemption for more than 8 years in total, it will not be eligible for a further corporate income tax reduction under Section 35 (1).

5. The project entitled to additional incentives under this measure will not qualify to apply for additional incentives under the Measure for Investment Stimulation for Economic Recovery.

6. Applications must be submitted from January 2, 2025 until the last working day of 2025.