Green BOI: Incentives for Sustainable Projects
The Board of Investment (BOI) is the primary driver of Thailand's "BCG" (Bio-Circular-Green) economic model. If you are making an investment that improves environmental sustainability, the government wants to pay you for it.
The Efficiency Bonus
Already have a BOI company? You can apply for 'Measures to Improve Production Efficiency.'
- The Incentive: If you install solar panels or upgrade to energy-saving machinery, you can get a 50% Corporate Income Tax exemption for 3 years on the amount you invested in the upgrade.
Key 'Green' Categories
New projects can receive up to 8 years of 0% CIT if they fall into categories like:
- Manufacture of electric vehicles (EVs) or parts.
- Recycling and waste management facilities.
- Biomass or solar power generation.
- Eco-friendly packaging.
Strategic Value
Going "Green" in Thailand isn't just about PR. It's about Direct Cash Savings. By using BOI incentives to fund your transition to renewable energy or digital efficiency, you lower your long-term operational costs while eliminating your tax bill.
Related Service: BOI Promotion & Incentives — Expert strategy for specialized Green and ESG project applications.
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