Administrative Support
We will deregulate administrative obstacles so that foreign investors can enjoy more favorable business circumstances. We eliminate the red-tape routine to make it happen.
Procedure
- Inquiry on Investment
- Letter of Intent
- Investor Credit Check
- Submission of Business Plan
- Investment Review
- Contract (MOU)
- Land Purchase
- Government Permit
- Commencement of Project / Business
Incentives
Tax Benefits
| Tax | Exemption | Condition | |
|---|---|---|---|
| Corporate tax or income tax upon technology transfer |
100% for 5 years | High-technology project | |
| National tax | Tariff | 100% for 5 years (1 more year upon request to Ministry of Strategy and Finance) |
Imported capital goods |
| Corporate Tax |
100% for 5 years 50% for 2 more years |
Manufacturing: over USD 30 million Tourism: over USD 20 million Logistics: over USD 10 million R&D: over USD 2 million |
|
| Income tax | 100% for 3 years 50% for 2 more years |
||
| Regional tax | Acquisition tax Registration tax Property tax |
100% for 3 years 50% for 2 more years |
|
Cash Grant
Eligibility: Start-up or expansion of plant or research institute in fields related to industry support services or high technology
Land Lease
Provide reduced price for long-term land/property lease when the leased property is government- or public-owned