Page 38 - Amata-one-report2020-en

Investment Promotion Certificates

Amata City Rayong Co., Ltd. has gotten the Investment Promotion, list of activities section 7.8 ; Real estate
development for industrial use as following details :-

Investment Promotion No. 1082(2)/2551

Date of Approval : December 12, 2007 Date of Promotion Certificate : January 31, 2008
Duration of Promotion : October 2009 - October 2017 Duration of tax exemption : Eight years

Additional 50% Corporate Income Tax Reduction : Additional Duration of tax exemption : Five years
October 2017 - October 2022
Rights and Benefits 1. Exemption of corporate income tax not more than 217.27 million baht (adjusted
by capital excluding land and working capital) for eight years from the date of

the first income derivation from promoted project and loss deduction for that period
can be made from the net profit in one or several years during the period of 5 years
from the date of expiry of tax of promoted project.
2. Exemption of tax for dividend during promoted period.

3. Fifty percent reduction of corporate income tax on the net profit for five years after
expiry of tax holiday.
Conditions 1. Registered investment capital not less than 450 million baht and fully-paid before

operation.

1. Thai nationals must hold shares totaling not less than 51 percent of the registered capital
1. Industrial Area 885 Rai. The total land area of the project must not be less than
500 rai. Factory-designated area must not be less than 60 percent and not more than
75 percent of the total promoted area.

38 56-1 One Report 2020