General Industrial Zones and Free Zones
The Industrial Estate Authority of Thailand (IEAT) is a state-owned enterprise under the Ministry of Industry. It was established in 1972 to develop and manage industrial estates across Thailand, supporting the country's economic growth and industrial development. By developing well-planned and sustainable industrial estates, the IEAT plays a crucial role in driving economic growth, attracting foreign direct investment (FDI), and strengthening Thailand’s position as a global manufacturing hub.
Non-Tax Incentives
- Development and Management of Industrial Estates
- Establishes industrial zones across Thailand to accommodate various industries, including automotive, electronics, petrochemicals, and high-tech sectors.
- Investment Promotion and Business Support
- Works with the Board of Investment (BOI) to attract foreign and domestic investors.
- Offers business facilitation services, including licensing, permits, and operational support.
- Sustainability and Environmental Management
- Implements eco-industrial town policies to promote green manufacturing and reduce environmental impact.
- Enforces strict environmental regulations to ensure sustainable industrial development.
- Enhancing Thailand’s Competitiveness
- Supports the Eastern Economic Corridor (EEC) project, positioning Thailand as a regional hub for advanced industries.
- Develops smart and specialized industrial zones to support high-tech industries, including robotics, aerospace, and biotechnology.
Tax Incentives
Tax incentives from the IEAT include exemption from import duties, excise tax and VAT on machinery and raw materials; exemption or refund of duty from the import of local goods into the export processing zone for the production of goods for export; and exemption from export duties, excise tax and VAT on exported goods.
General Industrial Zone
The IEAT provides industrial operators in a General Industrial Zone with comprehensive services essential for industrial operation – such as transportation, warehouses, training centers and clinics – as well as permission to own land required for their operations. Investors in a General Industrial Zone are granted permission to operate service businesses in the General Industrial Zone.
IEAT Free Zone
Operators in an IEAT Free Zone are afforded the privilege of exporting products without any restrictions and with the added convenience of being able to bring merchandise or raw materials into an IEAT Free Zone. Supplies taken into an IEAT Free Zone are entitled to improved tax and duty privileges, including tax burden relief for products taken out of an IEAT Free Zone for domestic use or consumption and content or raw material components, if produced domestically, are entitled to tax and duty exemptions.
Operators in an IEAT Free Zone remain entitled to privileges indicated in the previous Industrial Estate Authority of Thailand Act.
Operators are granted permission to import into Thailand or bring into an IEAT Free Zone, merchandise and raw materials for production, trade or service offering, without any restriction that importation of such material is limited to business operators. Export goods producers are also permitted to bring supplies or raw materials into an IEAT Free Zone for manufacturing, mixing, assembling, packing or any other operations, without requiring any import permits or particular seals or symbols and with exemptions from standard and quality control requirements contained in any other laws — except those found in the customs law.
For more information, please visit www.ieat.go.th
One Stop Service Center (OSS)
However, the I-EA-T has established an One Stop Service Center (OSS) to provide one-stop service, from start to finish, in doing business with the I-EA-T., Whether providing service of Giving advice for buying or renting land, Recommending suitable area to set up a factory, Approving any required permits and certificates, for making an establishment of factory become easily at every step, or even in the development and establishment of industrial estates together with the I-EA-T.
