The Revenue Department introduces tax measures to promote investment in Special Economic Zones

This latest measure reduces the corporate income tax rate to 10% of net profits for companies or partnerships engaged in targeted activities specified by the Special Economic Zone Development Policy Committee. These activities must be based in an SEZ, regardless of the location of the company’s headquarters. The reduced tax rate applies to income derived from producing goods or providing services to be used in the SEZ for 10 consecutive accounting periods.  

According to the Director-General of the Revenue Department, this measure aims to boost production, services, and employment in SEZs. It will connect SEZ activities with core economic zones and neighbouring countries, enhancing the nation’s competitiveness.  

Currently, there are 10 SEZs in border areas: Tak, Mukdahan, Sa Kaeo, Songkhla, Trat, Nong Khai, Narathiwat, Chiang Rai, Nakhon Phanom, and Kanchanaburi. 

Reference (in Thai):  

• Revenue Department News, issue no. 11/2568. Retrieved from the Revenue Department of Thailand