A targeted business industry covered under the Royal Decree No. 793 B.E. 2568 (2025) is a juristic partnership or corporate entity that has developed, utilizes its innovation and technology for production of goods or services that the Thai government promotes, and contributes to the country’s competitiveness.
Such targeted industries include companies or juristic partnerships operating in sectors defined by the following laws:
- National Competitiveness Enhancement for Targeted Industries Act B.E. 2560
- Investment Promotion Act. B.E. 2520
- Eastern Special Development Zone Act B.E. 2561
For more clarifications about Thai taxes, contact MSNA for consultation.