As part of its Thailand 4.0 initiative, the Thai government has set out initiatives to encourage investment into Thailand’s growing digital services sector. The definition of digital services, according to the Board, includes designing digital architecture, establishing fintech services, software platforms, and business-to-business (B2B) or business-to-consumer (B2C) platforms. This can also extend to other digital content services such as gaming, animation, and moviemaking.
Basic incentives include 5-year corporate income tax exemption, exemption of import duties for machinery, as well as 100% foreign ownership.
Contact us to find out how you can take advantage of these BOI promotions.
Areas of Expertise
Copyright 2020. All rights reserved.