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BUSINESS OPERATION AND OPERATING RESULTS CORPORATE GOVERNANCE FINANCIAL STATEMENTS ENCLOSURES
Investment Promotion No. 1968(2)/2557
Date of Approval : July 15, 2014 Date of Promotion Certificate : August 15, 2014
Duration of Promotion : September 2014 - September 2022 Duration of tax exemption : Eight years
Additional 50% Corporate Income Tax Reduction : Additional Duration of tax exemption : Five years
September 2022 - September 2027
Rights and Benefits 1. Exemption of corporate income tax not more than 720.80 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 1,963 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.
The government’s policy transforms Thailand to be “Thailand 4.0”, a value-based economy model and an
innovation-driven economy, as well as help strengthen the Thai economy and grow steadily, prosperous and
sustainably. The government has established a policy to develop the Eastern Economic Corridor (EEC) that will
accelerate the development of readiness.in all aspects. In order to support investment and economic expansion
in the area and support the private sector, EEC will drive Thailand to Industry 4.0, promoting and attracting foreign
investors to invest in 12 target industries developing the industrial sector of Thailand with modernity and able to
compete on the world stage and freeing the country from the middle income trap.
In order to support the development of the Eastern Economic Corridor (EEC), a mechanisms driving the Thailand
4.0 policy, Amata does not only create the industrial estates that meet international standards and environment
conservation, but the concept to develop industrial estates to be Smart City, infrastructure, utilities and innovation
development are also encouraged to support th1e investment in target industries. Moreover, people who works
in industrial estates and lives around industrial estate are able to have better life both working and living happily.
It also aims to create economic growth in the region and create economic value for Thailand.
Amata Corporation Public Company Limited has started to upgrade the area of Amata City Chonburi Industrial
Estate to become Smart City by developing cooperation from leading smart cities from many countries, namely, Japan,
China, Taiwan, and South Korea. With developing infrastructure, public utilities blending with information technology
systems, Amata City Chonburi Industrial Estate is a prototype smart city supporting target industries investment
in the Eastern Economic Corridor.
Amata Corporation Public Company Limited 41