BOI Incentives for Automotive Makers
Manufacture of passenger cars
Condition:
• The actual production must not be less than 100,000 units/year in any year during
the first five years of operation.
• All production must be based on the same platform approved by the Board.
• The total investment during the first 5 years of corporate income tax exemption
must not be less than 15 billion baht, excluding cost of land and working capital.
• An investment plan for parts production and a plan for parts utilization must be
submitted and approved by the Board.
Rights and benefits:
• Exemption of import duties on machinery regardless of zone.
• 5-year exemption of corporate income tax regardless of zone.
• Other rights and benefits shall be granted according to BOI Announcement
No.1/2543 dated Aug 1, 2000.