Thailand: Tax and other incentives for businesses involved in manufacture of printed circuit boards
Various incentives for an extended range of businesses involved in the manufacture of printed circuit boards announced
Tax and other incentives for businesses involved in manufacture of printed circuit boards
The Board of Investment (BOI) announced various incentives for an extended range of businesses involved in the manufacture of printed circuit boards (PCB), including:
- Exemption from corporate income tax for up to eight years
- Exemption from import duties on machinery
- Exemption from import duties on raw materials used in production for export
- Other non-tax incentives, such as permission to bring in skilled workers and experts to work in investment-promoted activities, and permission to own land
The extended range of PCB-related businesses include those involved in:
- Production of raw materials essential for PCB production, such as copper clad laminate, flexible copper clad laminate, and prepreg
- PCB manufacturing support, including lamination, drilling, plating, and routing
- Production of materials such as dry film, transfer film, and backup board, for use in PCB manufacturing
Read a May 2024 report prepared by the KPMG member firm in Thailand
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