THAILAND: Board of Investment Announcement No. Sor 4/2548 of 2005 Re: Promotion for Activity Related to Production of Alternative Energy

Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2005
Scope: 
National
Document Type: 
Other
Economic Sector: 
Energy
Energy Types: 
Renewable
Issued by: 
Thailand Board of Investment
Notes: 
Unofficial translation
Source: 
Thailand Board of Investment
File: 
Board of Investment Announcement No. Sor 4/2548 Re: Promotion for Activity Related to Production of Alternative Energy
Overall Summary: 
Defines two new activities related to the production of alternative energy in order to comply with the Cabinet’s resolution to reduce the imports of oil. These include: Manufacture of alcohol or fuel from agricultural products including scrap, garbage and/or waste; Manufacture of fuel cells.
Renewable Energy
RE reductions in taxes: 
Manufacture of alcohol or fuel from agricultural products including scrap, garbage and/or waste: 1. Classified as an activity of special importance and benefit to the country 2. Exemption from import duty on machinery, regardless of location [...].---Manufacture of fuel cells 1. Classified as an activity of special importance and benefit to the country 2. Exemption from import duty on machinery, regardless of location 3. Exemption from corporate income tax for 8 years, regardless of location [...].
Trade
Import taxes and fee exemptions: 
Manufacture of alcohol or fuel from agricultural products including scrap, garbage and/or waste: 1. Classified as an activity of special importance and benefit to the country 2. Exemption from import duty on machinery, regardless of location [...].---Manufacture of fuel cells 1. Classified as an activity of special importance and benefit to the country 2. Exemption from import duty on machinery, regardless of location 3. Exemption from corporate income tax for 8 years, regardless of location [...].
Investment
Tax and duty exemptions for energy equipment: 
Manufacture of alcohol or fuel from agricultural products including scrap, garbage and/or waste: 1. Classified as an activity of special importance and benefit to the country 2. Exemption from import duty on machinery, regardless of location 3. Exemption from corporate income tax for 8 years, regardless of location [...].---Manufacture of fuel cells 1. Classified as an activity of special importance and benefit to the country 2. Exemption from import duty on machinery, regardless of location 3. Exemption from corporate income tax for 8 years, regardless of location [...].