Page 39 - Amata-one-report2020-en

BUSINESS OPERATION AND OPERATING RESULTS CORPORATE GOVERNANCE FINANCIAL STATEMENTS ENCLOSURES

Investment Promotion No. 1428(2)/2552
Date of Approval : April 28, 2009 Date of Promotion Certificate : June 2, 2009

Duration of Promotion : October 2010 - September 2018 Duration of tax exemption : Eight years

Additional 50% Corporate Income Tax Reduction : Additional Duration of tax exemption : Five years
October 2018 - September 2023
Rights and Benefits 1. Exemption of corporate income tax not more than 283 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.
2. Thai nationals must hold shares totaling not less than 51 percent of the registered capital
3. Industrial Area 1,267 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.

Investment Promotion No. 1169(2)/2555

Date of Approval : December 20, 2011 Date of Promotion Certificate : February 15, 2012
Duration of Promotion : December 2011 - December 2019 Duration of tax exemption : Eight years

Additional 50% Corporate Income Tax Reduction : Additional Duration of tax exemption : Five years
December 2019 - December 2024

Rights and Benefits 1. Exemption of corporate income tax not more than 561 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.
2. Thai nationals must hold shares totaling not less than 51 percent of the registered capital

3. Industrial Area 1,439.596 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.

Amata Corporation Public Company Limited 39