The Eastern Economic Corridor (EEC) Development Plan under scheme of Thailand 4.0 aiming to revitalise and enhancing of the well-known Eastern Seaboard Development Program that had supported Thailand as a powerhouse for industrial production in Thailand for over 30 years.
Privileges on EEC
Exemption From corporate income tax
Exemption from corporate income tax for up to 15 Years.
Exemption of import duties on machinery
Exemption of import duties tax on machinery, raw or essential materials that import for using in production and R&D.
Rights to state’s land
Have the rights to make the state’s land lease agreement for 50 years, and renewable upon approval for further 49 years.
One-stop service center
One-stop service centre to facilitate foreign investors which provide useful information and issue the permits for trading, export and import in one location.
Permission to own land
Permission to own land for BOI promoted projects.
Matching Grants for Investment
Get the Matching Grants for investment, R&D, Innovation development and human resources development in targeted industries.
Five-year work visa
Offer the attractive five-year work visa to investors, specialists and scientists.
The lowest personal income tax rate (17%) in ASEAN
For executives, specialists and researchers who qualified by the Director-general of Revenue Department under the law which related to the nation’s competitiveness enhancement in the promoted businesses or The Investment Promotion Act.
Eastern economic corridor (EEC) Thailand 4.0 in Action
- Functional Food
Auto, Auto parts, Electronics, and Robotics
- Smart Automobiles
- Electronic parts
- Robotics for industrial and lifestyle use
Aviation, Maintenance and Related Businesses
- Aircraft parts and spare parts
- Maintenance, Repair and Overhaul (MRO)
- Air Cargo
- Wellness Center
- Medical Center
- Medicines and Devices