Thailand: Implementation of digital technology

The Board of Financial investment introduced in March 2021 a 3-calendar year corporate earnings tax exemption for 50% of the investment decision capital (excluding charge of land and performing money) invested in implementing the adhering to digital systems:

  • Application, applications or details engineering made use of to be internally built-in or externally connected, or the two, with at minimum three features of data website link for source administration
  • Artificial intelligence (AI), machine learning, and employing big data or information evaluation
  • Computer software, packages or information engineering that connects with the government’s on-line products and services

The minimum amount investment decision capital or expenditure of each and every challenge must not be significantly less than 500,000 baht (excluding charge of land and doing the job funds) for tiny and medium enterprises (SMEs), and the minimum amount investment money of just about every challenge must not be significantly less than 1,000,000 baht for non-SMEs.

Apps for the relief need to be submitted by 30 December 2022, and implementation of the job will have to be accomplished in 3 yrs of the day the advertising certification is issued.

The calculation of financial commitment cash or expenditure (excluding cost of land and operating capital) beneath this software is as follows:


Complete financial commitment or expenditure
  • For utilizing program, programs or details know-how in accordance to product (a) and (c) which is formulated or improved by entrepreneurs in Thailand certified by similar businesses.
  • For making use of AI, device studying, and utilizing huge details and facts analytics according to item (b).
  • For leasing/employing a cloud provider or a information center in Thailand.
Half of the investment decision or expenditure
  • For employing application, applications or information and facts technologies in accordance to item (a) and (c) which is designed or enhanced by business people in Thailand not accredited by related agencies, or entrepreneurs in foreign countries. 
  • For renting/working with a cloud assistance or a facts center in overseas countries.

Read through a May 2022 report prepared by the KPMG member agency in Thailand