The startup must engage in one of the 14 target industries.

Thailand’s government last month approved corporate income tax exemptions for investments in local startups if they operate in one of the 14 government-promoted industries.

Corporate venture capital (CVC) funds can be registered in Thailand or abroad and these benefits are available until June 30, 2032.

Corporate income tax (CIT) exemption is for profits derived from the transfer of shares in Thai startups.

Prior to the transfer of shares, the shareholder must have held the shares for at least 24 months. Further,…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.