Srithai Superware Public Company Limited
Annual Report 2016
79
32
1960(2)/2555
1616(5)/2554
Subsidiary : Korat Thai Tech Company Limited
No. of BOI card
Subsidiary : Srithai Nanoplast Company Limited
Company
18 April 2011
8 June 2012
Date of approval
8 years
7 years
Period
melamine products
plastic products
Product
• Exemption from corporate income tax from the promoted activities for the period of eight years from the date income is first derived (19 July 2011) and the reduction of 50% from regular corporate income tax including the deduction of annual net losses arising during the privilege period from net profit for a period of five years from the end of the privilege period (expired on 18 July 2024).
• Exemption from corporate income tax from the promoted activities for the period of seven years totally not exceeding 100% of the investment which excluded land and working capital from the date income is first derived (10 August 2012) and losses incurred within the privilege period can be carried forward for five years from the end of the privilege period (expired on 9 August 2024).
Significant privilege
The Group received promotional privileges from the Board of Investment and must comply with the conditions and restrictions provided in the promotional certificates as follows: (Cont’d)
Promotional privileges (Cont’d)
Srithai Superware Public Company Limited Notes to the Consolidated and Separate Financial Statements For the year ended 31 December 2016