Privileges and incentives which companies located in BOI Zone 1 (where Rangsit Prosper Estate Co., Ltd. is located) will enjoy:
-
50 per cent reduction of import duty on machinery that is subject to import duty of not less than 10 percent
- Corporate income tax exemption for 3 years for projects located within industrial estates, or promoted industrial zones, provided that
such a project
with
capital investment of Baht 10 million, or more (excluding cost of land and working capital) obtains ISO 9000, or
similar international standards certification
within 2 years from its start-up date, otherwise the corporate income tax exemption will be reduced by
1 year.
- Exemption of import duty on raw or essential materials used in the manufacturing of export products for 1 year.
*The privileges are depended on the size of business and zone of the Industrial Authority of Thailand- IEAT*