Turn Business Crisis into Innovation Opportunities: Invest in the “NSTDA Fund” to Drive Thai Innovation with 200% Tax Privileges

Turn Business Crisis into Innovation Opportunities: Invest in the “NSTDA Fund” to Drive Thai Innovation with 200% Tax Privileges

NSTDA Invites Private Sector to Strengthen the Research Ecosystem, Boosting Thai Businesses with “NSTDA Fund” Support via BOI Tax Privileges—Including 200% Additional Corporate Income Tax Exemption—to Drive Thai Enterprises Towards Sustainability

Over the past few years, the global business sector has faced major crises and critical transitions, notably Digital Transformation and Green Transformation. These shifts have led to the rapid emergence of new technologies, adapted business models, and intensified global market competition. Adaptation is no longer merely an option for entrepreneurs, but an essential condition for survival and long-term growth.

“Investment in Research and Development (R&D)” plays a vital role in driving innovation and creating new business opportunities. It enables entrepreneurs to develop products, services, or business models that rapidly respond to changing market demands. R&D investment is therefore not an expense, but rather a strategic build-up of business immunity that enhances organizational competitiveness. Furthermore, it serves as a powerful weapon against global economic volatility.

Enhancing Tax Efficiency with Tangible Benefits

The National Science and Technology Development Agency (NSTDA) established the National Science and Technology Development Fund to drive the development of science, technology, and innovation in Thailand. The fund serves as a key mechanism enabling the private sector to participate in R&D investments, strengthening Thailand’s innovation ecosystem.

Supporting the Fund not only contributes to national development but also delivers strategic benefits and tax privileges to BOI-promoted enterprises. Benefits include:

  • An additional corporate income tax exemption ceiling of 200% of the contributed expenses.

  • An extended corporate income tax exemption period (1–5 additional years, up to a total maximum of 13 years combined with existing privileges).

  • Corporate income tax exemption on overall project revenue.

Investing in the Nation’s Future to Drive Thai Business Opportunities

Contributions to the Fund qualify under the technology and innovation development conditions of BOI measures. Private sector support systematically enhances the nation’s capacity across four key areas:

  1. Research, Development, and Engineering (RD&E): Developing technologies that can be further applied in the industrial sector.

  2. Human Resource Development: Cultivating technical personnel—such as researchers, engineers, and tech specialists—to supply high-quality talent to Thai industries.

  3. SME Capacity Building: Elevating the technological capabilities of small and medium-sized enterprises (SMEs) to strengthen their competitiveness in global value chains.

  4. Technological Infrastructure Development: Supporting laboratories, research equipment, and technology platforms essential for future industrial and service development.

Investing in the Fund benefits not only the national research system, but also elevates an innovation ecosystem that Thai businesses across all sectors can leverage over the long term. It grants entrepreneurs access to technology, expertise, and high-caliber personnel—key factors in advancing innovation and enhancing industrial competitiveness.

Transitioning from “Sponsor” to “Development Partner”

Supporting the Fund is more than a public-benefit donation; it is a co-investment in building a national innovation ecosystem that serves as a vital engine for Thailand’s economy. Moreover, it reflects an organization’s commitment to ESG (Environmental, Social, and Governance) principles—specifically by contributing to national development with transparency and good governance. This enhances corporate image and builds confidence among global investors and business partners.

For BOI-promoted enterprises, participating in the Fund presents an opportunity to turn tax liabilities into investments that yield business returns and long-term economic value for Thailand.

We invite the private sector to join as a “Development Partner” to create innovations that propel the Thai economy toward a sustainable future.

Invest in Thailand’s Innovation Future in 4 Simple Steps

Interested enterprises can contribute to the National Science and Technology Development Fund through the following steps:

  1. Download the Expression of Intent form from the website: https://www.nstda.or.th/donation/how-to-donation-boi/

  2. Fill out the Expression of Intent form.

  3. Prepare the required supporting documents as specified in the form.

  4. Submit all documents to officials via email: ipd-psr@nstda.or.th