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Thai headquarters incentives.

Bangkok Post (Bangkok, Thailand)

| January 10, 2006 | COPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jan. 10--The cabinet today will consider doubling tax privileges for foreign companies with regional operating headquarters in Thailand to four years, according to Satit Rungkasiri, a deputy director-general for the Revenue Department.

Revenues on foreign operations repatriated to locally operated headquarters have been waived from tax calculations.

Over the past three years, 27 firms have registered for regional operating headquarters (ROH) status, including Makro Asia Management, Global Industries Offshore and Yuasa Trading (South Asia).

Firms applying for ROH status must have paid-up capital of at least 10 million baht, be domiciled in ...

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Source: HighBeam Research, Thai headquarters incentives.