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Thailand Investment Promotion for a Software Park Business


Thailand Software Businesses


As digital life becomes more popular, touching all parts of Thai society, the software industry is obviously a huge driver for technology development here. With an already very competitive market, Thailand is a very attractive software investment location for its skilled while affordable workforce. If you are planning to invest in a Software Park business in Thailand, then the conditions and incentives below might help you and of course, FCA Thailand is on hand to answer any questions you may have.

 

Conditions: 

Project must have high-speed fibre-optic main communication system throughout the area.  The main telecommunication system must have a high-speed cable from the software park to domestic and international telecommunication centre. Continuous back-up of electricity supply must be installed with a total area being no less than 5,000 square meters. 

 

Incentives to set up a software park in Thailand promoted by the board of investment are:

  • An 8 year exemption from corporate income tax
  • Exemption of import duties of machinery such as computers and software
  • Exemption of import duties on raw materials used in production for export
  • 100% foreign ownership
  • Permit to own the land
  • Permit to bring skilled workers and experts to work in Thailand.

 

For further queries, please feel free to read the Thailand BOI information and contact FCA Thailand to help you with a BOI company registration.

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