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Thailand: Tax incentives under international business centre regime

Thailand: International business centre regime

The international business centre (IBC) regime replaces three prior headquarter incentive regimes—the international headquarters, regional operating headquarters (2010), and international trading centre regimes—and provides certain tax incentives to businesses (although less attractive incentives than offered under the prior regimes).


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The Thai Cabinet approved three draft Royal Decrees that cancel the tax incentives provided under the prior headquarter regimes—effective 1 June 2019 for corporate income tax incentives and effective 1 January 2020 for individual (personal) income tax incentives.

Incentives under regional operating headquarters regime (2002) will continue until the end of 2020.

Entities that were benefiting under these prior regimes could convert to the IBC regime if the application and process were completed before 1 June 2019 and provided certain conditions were satisfied. In any event, no corporate income tax incentives are available for international trading centre entities.

Read a May 2019 report prepared by the KPMG member firm in Thailand

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