BOI incentives for the manufacture of circuit board and/or parts
The recent announcement addresses the following:
1. The manufacture of raw materials or essential materials for manufacturing printed circuit boards is eligible for investment incentives.
2. The manufacture of flexible printed circuit boards, multilayer printed circuit boards, and printed circuit boards must incorporate circuit tracing.
3. The following activities are now eligible for investment incentives related to manufacturing circuit boards and/or parts.
| Activities | Conditions | Incentives |
| 4.2.4.5 The provision of services in key processes to support the manufacture of printed circuit boards | Must involve essential manufacturing processes printed circuit boards, such as: • lamination; • drilling; • plating; and • routing. | • If the project includes a capital investment of at least THB 1 billion for machinery (including costs of installation and test runs), the company receiving investment incentives will be entitled to an exemption from CIT for 3 years, accounting for 100% of investment (excluding cost of land and working capital). • The company receiving investment incentives will also be exempt from import duty on machinery and raw materials that are used in the manufacturing process and for exporting overseas. • The company receiving investment incentives will also be eligible for certain non-tax incentives. • If the project does not include a capital investment of at least THB 1 billion for machinery (including costs of installation and test runs), the only tax incentives that the company receiving investment incentives will receive is the exemption from import duty on machinery and raw materials that are used in the manufacturing process and for exporting overseas. • The company receiving investment incentives will also be eligible for certain non-tax incentives. |
| 4.2.4.6 The manufacture of printed circuit board essential or raw materials: copper clad lamination (CCL), flexible copper clad laminate (FCCL), and prepreg | No specific conditions stated | • If the project includes a capital investment of at least THB 1.5 billion for machinery (including costs of installation and test runs), the company receiving investment incentives will be entitled to an exemption from CIT for 8 years, accounting for 100% of investment (excluding cost of land and working capital). • The company receiving investment incentives will also be exempt from import duty on machinery and raw materials that are used in the manufacturing process and for exporting overseas. • The company receiving investment incentives will also be eligible for certain non-tax incentives. • If the project does not include a capital investment of at least THB 1.5 billion for machinery (including costs of installation and test runs), the company receiving investment incentives will be entitled to an exemption from CIT for 5 years, accounting for 100% of investment (excluding cost of land and working capital). • The company receiving investment incentives will also receive an exemption from import duty on machinery and raw materials that are used in the manufacturing process and for exporting overseas. • The company receiving investment incentives will also be eligible for certain non-tax incentives. |
| 4.2.4.7 The manufacture of raw materials or essential materials for printed circuit boards, such as dry film, transfer film, backup board, etc. | No specific conditions stated | • The company receiving investment incentives will receive an exemption from import duty on machinery and raw materials that are used in the manufacturing process and for exporting overseas. • The company receiving investment incentives will also be eligible for certain non-tax incentives. |
Reference (in Thai):
• Announcement of the Board of Investment No. Sor.4/2567