AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Nareerat Wiriyapong
Feb. 3--The Board of Investment will consider granting investment incentives by company instead of by project to reduce delays and complications currently faced by applicants.
Currently, a company must apply for BoI privileges each time it embarks on a new project, causing difficulty in terms of accounting, taxes and machinery imports, said Somphong Wanapha, the BoI secretary-general.
"Project-based consideration is no longer used in most countries. With the new concept of providing incentives by company, manufacturers should be able to implement their projects faster and meet their schedules," he said.
The ...
Source: HighBeam Research, Thai Investment Board Considers Ways to Eliminate Red Tape.