11 To encourage industrial decentralization..

  5.2. Projects relocated to industrial estates or promoted industrial zones in Zone 3, including LaemChabang Industrial Estate and industrial estates or promoted industrial zones in Rayong Province, will be granted the following: 

  a) Corporate income tax exemption for a period of eight years, provided that projects with a capital investment of 10 million baht or more (excluding cost of land and working capital) obtain ISO 9000 or similar international standard certification within two years from its start-up date, otherwise corporate income tax exemption will be reduced by one year;

  b) Fifty percent reduction of corporate income tax of net profit derived from the investment for five years after the exemption period; 
  c) Double deduction for transportation, electricity and water costs for 10 years from the date of first revenue derived from the promoted activity; 
  d) Deduction from the net profit of 25 percent of the project’s infrastructure installation or construction costs in addition to normal depreciation, and such deduction can be made from the net profit for any one year or several years within 10 years from the date of first revenue derived from the promoted activity. 

  5.3. Activities included in the List of Activities Eligible for Promotion, but which are not eligible for corporate income tax exemption, will not be granted such exemption when operations are relocated. 

6. The corporate income tax exemption will be granted from the day the first revenue is derived from the relocated activities. 

7. In the event of a change of the incentives given under cluster promotion or the expiration of the promotion application by December 31, 2014, the Board might consider protection for projects within industrial estates or industrial zones and for projects that expand their promoted activities in the same location on granting the incentives, and this not less than the existing incentives.