Details
Thailand Board of Investment - Investment Seminars
Tue 23 Jul 2019 08:30 — 11:00
Pan Paciï¬c Hotel Adelaide Terrace, Perth
Event information
This event has passed.
and
Thur 25 July 2019
08:30 - 11:00
Amora Hotel Jamison Street, Sydney
The Thailand Board of Investment (BOI) invites members to attend the Thailand: Unbeatable Business Opportunity Seminars on 23 July 2019 at the Pan Pacific Hotel Perth and 25 July 2019 at the Amora Hotel Sydney. These free seminars are must attend events for members interested in expanding in Asia, or to learn about the incentives provided by the BOI.
Strategically located at the heart of Asia, Thailand is a dynamic gateway to one of the fastest growing economies in the world. The Thailand: Unbeatable Business Opportunity Seminar will provide an overview of Thailand’s business environment as well as information about the assistance and incentives available to Australian businesses interested in exploring investment opportunities in Thailand or Asia.
Our members could qualify for an exemption of corporate income tax for up to 13 years uncapped. A full list of tax and non-tax incentives provided by the BOI are listed below:
Strategically located at the heart of Asia, Thailand is a dynamic gateway to one of the fastest growing economies in the world. The Thailand: Unbeatable Business Opportunity Seminar will provide an overview of Thailand’s business environment as well as information about the assistance and incentives available to Australian businesses interested in exploring investment opportunities in Thailand or Asia.
Our members could qualify for an exemption of corporate income tax for up to 13 years uncapped. A full list of tax and non-tax incentives provided by the BOI are listed below:
Tax Incentives
• Exemption/reduction of import duties on machinery
• Reduction of duties for raw or essential materials
• Exemption of import duties on materials imported for R&D purposes
• Exemption of corporate income tax (CIT) on the net profit and dividends derived from the promoted activity for up to 13 years
• A 50 percent reduction of the CIT
• Double deduction from the costs of transportation, electricity and water supply
• Additional 25 percent deduction of the cost of installation or construction of facilities
• Exemption of import duty on raw or essential materials imported for use in production for export
• Exemption/reduction of import duties on machinery
• Reduction of duties for raw or essential materials
• Exemption of import duties on materials imported for R&D purposes
• Exemption of corporate income tax (CIT) on the net profit and dividends derived from the promoted activity for up to 13 years
• A 50 percent reduction of the CIT
• Double deduction from the costs of transportation, electricity and water supply
• Additional 25 percent deduction of the cost of installation or construction of facilities
• Exemption of import duty on raw or essential materials imported for use in production for export
Non-Tax Incentives
• Permit for foreign nations to enter the Kingdom of Thailand for the purpose of studying investment opportunities.
• Permit to bring into the Kingdom of Thailand skilled workers and experts to work in investment promoted activities
• Permit to own land
• Permit to take out or remit money abroad in foreign currency
• Permit to bring into the Kingdom of Thailand skilled workers and experts to work in investment promoted activities
• Permit to own land
• Permit to take out or remit money abroad in foreign currency
Further information about the seminars can be found in the attached flyer or on the Eventbrite Registration Page. If you have any questions, would like to organise a one-to-one meeting with the BOI or need assistance registering, please don't hesitate to contact Dale Foody on 0438 425 231 or dale@elkamy.com.au at any time.
Further information about the BOI can be found at www.boi.go.th