Thailand’s electrical and electronics industry has continuously expanded for several decades already. During all these years, this sector has not only played a highly important role in the Kingdom’s economy (contributing greatly to the export), but has also converted Thailand into the regional leader in Southeast Asia. As the Thai Government recognizes the development of the electrical and electronics industry as a priority for the Kingdom, a number of highly attractive investment policies have been launched, leading to increasing investments from many multinational corporations.
The electrical appliance industry has been experiencing steady growth for a number of years, and this growth is expected to continue in future. Thailand’s solid manufacturing base and well-developed infrastructure make the country an ideal place for manufacturing electrical and electronic appliances. At present, nearly all the leading manufacturers in the field of electronics are represented in Thailand. The Kingdom is not only a regional leader, but also a leader on a global level as many Japanese, Korean, European and American multinational companies manufacture electrical appliances in Thailand.
for electronic and electrical appliances industry in Thailand
Taking into consideration that the demand for high-technology consumer electronics, such as computers, tablets, wireless devices, and many others, continues to increase, Thailand is the best investment destination for the sector. Investors in this sector will be able to benefit not only from high demand, but also from the considerable support of the Thai Government. Producers of electrical appliance and electronics will be granted a number of highly attractive advantages. Also, to promote productivity and efficiency in the industry, Thai Government encourages the development of specific electronic clusters throughout the country. When firms and their input suppliers co-locate within the clusters, communications and the flow of goods is faster and more efficient.
Manufacture of electrical products
Manufacture of parts and/or equipment used for electrical products
Manufacture of electronic products
Manufacture of parts and/or equipment used for electronic products
Manufacture of material for microelectronics
for electronics and electrical appliances industry
Capital Income Tax (CIT) exemption up to 8 years
100% Foreign ownership
Visa and work permits
Permission to own land
Transferring funds in foreign currency
Reduction of import duties on machinery and raw materials
Double deduction of costs of transportation, electric and water
Import duty exemption on raw or essential materials imported for use in production for export
Decentralization Merit Incentives
Merit Incentives based on Competitiveness Enhancement