Incentives for Jewelry
Promotion of jewelry is according to zones or special industrial estates around Thailand. Projects located inside a promoted gem and jewelry industrial estate or zone one are exempt from import duty on machinery, regardless of zone.
If located in Zone 1, corporate income tax exemption is for five years.
If located in Zone 2, corporate income tax exemption is for seven years. If located in Zone 3, corporate income tax is exempt for eight years.
Other privileges are granted according to the Board of Investment as needed Projects located outside a promoted gem and jewelry industrial estate or zone offer other privileges as designated by BOI.
