The Measure for Industrial Upgrades aims to support and encourage both existing and new investors applying for promotion of Group B activities (which are not eligible for corporate income tax (CIT) exemption) to invest in efficiency enhancement or operational upgrades in the manufacturing and service sectors, driving the transition toward a Smart and Sustainable industry.

Conditions

The minimum investment for efficiency enhancement must be at least 1 million baht, excluding the cost of land and working capital.

Incentives

1. Exemption of import duties on machinery.

2. A 3-year CIT exemption for existing projects, capped at 50% of the investment in efficiency improvement or business upgrading, excluding the cost of land and working capital.

However, if the project utilizes machinery linked to domestic automation industry for at least 30% of the total value of the machinery, automation system, or robotics used or upgraded in the project, a 3-year CIT exemption equal to 100% of the investment, excluding the cost of land and working capital, shall be granted.

3. The CIT exemption period shall commence on the date of revenue derivation after the issuance of promotion certificate. The projects must be fully implemented within 3 years from the date of promotion certificate issuance.

To apply for investment promotion for solar power generation system installation projects under the Efficiency Enhancement Measure for Alternative Energy Utilization.

Applicants are required to complete the application form for solar power system installation projects under the Efficiency Enhancement Measure for Alternative Energy Utilization (F-PA-PP-78 Form) and submit the required documents specified by the Office through the E-Submission system.

*Applicants must complete the F-PA-PP-78 form in Excel format and submit it via the E-Submission system.

Click here to download the form

E-Submission system

** Note: Effective July 1, 2025, investment promotion for solar power generation system installation projects under the Efficiency Enhancement Measure for Alternative Energy Utilization will no longer be available.

For projects that submit applications for Investment promotion for solar power generation system installation projects under the Efficiency Enhancement Measure for Alternative Energy Utilization from the date of announcement until June 30, 2025, extension of the deadline for accepting the promotion approval and submitting the evidence for the promotion certificate issuance will not be permitted.

Supporting documents:

Announcement of the Board of Investment No. 15/2565 Enhancement Measure for Smart and Sustainable Industry

Announcement of the Board of Investment No. Por1/2568 Guidelines and procedures for applying for investment promotion for solar power generation system installation projects under the renewable energy efficiency enhancement measure through the electronic system