Conditions

• The investment plan has been approved by NSTDA and must be implemented according to the approved plan.
• There must be an investment in machinery modification to upgrade to Industry 4.0 according to the criteria
  specified in various areas:

1. Automation and connectivity
2. Data analysis and intelligent operations
3. The use of digital technology to manage the production process and organization management

• Only the investment value of machinery, equipment and digital technology in the 3 areas above shall be counted.

Benefits

• Exemption from import duty on machinery
• Exemption from corporate income tax for 3 years, 100% of investment, excluding land cost and working capital for improvement
• The corporate income tax exemption period is counted from the date of income after receiving the promotion card and must be completed within 3 years from the date of issuance of the promotion card