On Feb. 17, the Overseas Operation Center successfully gained investment license of CHACHA Thailand Plant Project issued by Thailand Board of Investment after six months’ tracing and endeavors.

Thailand Board of Investment (hereinafter referred to as BOI) is a government investment attraction institution directly subordinated to the State of Council of Thailand, and will offer different investment preferences according to industry category.

In order to promote investment level of Thailand Board of Investment, and show leading position and technical capacity in the industry, CHACHA has successively invited Minister Counselor for commerce of Thailand Embassy in China and leaders of BOI Office in China for survey.

Through multiple rounds of qualification investigation and project document review, CHACHA project is appraised as A3 class. The preferential policies enjoyed by CHACHA are: 1. To exempt corporate income tax of 5 years; 2. To relief from duty; 3. To exempt duty for imported raw materials required by export products; 4. To buy land rights in Thailand; 5. To register sole proprietorship.

The BOI certificate marks CHACHA Thailand Plant Project officially enters the substantial stage, and meanwhile CHACHA steps forward firmly during international market expansion process.