Why Gemopolis?

Gemopolis Industrial Estate is strategically located in a prime location, on the west of Suvarnabhumi International Airport. Only 4 km. or 8 minutes away from the airport terminal without noise pollution.

With the advantage of being in the major intersection of eastern route and especially where more than one transport modes coincide with surrounding perfect infrastructure to ease travel. Such infrastructure
includes :

• The Bangkok - Chonburi Motor Way a direct highway from downtown Bangkok helps outreaching GEMOPOLIS from Silom Road in only 30 minutes by car
• The Eastern Bangkok Outer Ring Road serving as a Bangkok bypass road helps connecting GEMOPOLIS to the north, south and west of Bangkok
• Bangna-Trad elevated expressway
• Rama 9 expressway
• Airport rail link from Suvarnabhumi Airport to a City Air Terminal at Makkasan in central Bangkok with only 15 minutes journey

Opportunely, GEMOPOLIS is located on the best side of the airport - on the west where it is the best commercial zone (Red Zone) of this airport district. It can be predicted that the GEMOPOLIS zone shall be the most busiest commercial area near the airport. Currently, within 10 km distance from GEMOPOLIS , there are:

• Over 20 banks in proximity
• Over 4 of 4 - 5 stars hotels
• Over 5 hospitals are within 1 km distance
• Over 7 universities and 14 international schools
• National Park, 12 golf courses and shopping centers (such as Secon Square, Seri Center, Central Bangna , Big C, Tesco Lotus, etc.)
• Over 50 housing estates, many condominiums, and serviced apartments

Privileges of BOI

Under the supervision of Board of Investment (BOI), the investment regulatory agency of Thailand, company who qualifies will entitle to privileges that help waive major taxes, such as corporate income tax and value-added tax (VAT) , over a period of 5 or 8 year, depending on type of license granted. With such support, setting up production facilities in GEMOPOLIS will receive the maximum tax privileges as well as non-tax privileges from The Industrial Estate Authority of Thailand (IEAT) as follows:

Tax and non-tax privileges in Gemopolis General Zone

1. Exemption of corporate income tax for 5 or 8 years for manufacturing activities.
2. Exemption of income tax on dividend incomes received for 5 or 8 years
3. Exemption of import duties on imports of new machinery
4. Exemption of import duties and VAT on imports of raw materials
5. Exemption of VAT for sales within Gemopolis
6. Exemption of VAT for sales to all BOI promoted and bonded warehouse zone
7. 100% share ownership for foreign investors
8. Foreign investors entitled to own land and property in Gemopolis
9. Foreign investors entitled to own land and property for executives residence, experts, and workers outside Gemopolis
10. Expedited permission to bring in experts and family
11. Permission to remit foreign currency out of the country

Tax and non-tax privileges in Gemopolis Free Zone

1. Exemption of corporate income tax for 5 or 8 years for manufacturing activities.
2. Exemption of income tax on dividend incomes for 5 or 8 years
3. Exemption of import duty and VAT for :
   • Raw materials, semi-product, essential materials, and components
   • Machinery, tooling & equipment
   • Finished products & merchandises etc.
4. Exemption of VAT on purchasing from domestic suppliers for item 3 above
5. Open-ended period for storage of items 3) & 4)
6. Production formula list not required
7. 100% share ownership for foreign investors
8. Foreign investors entitled to own land and property in Gemopolis
9. Foreign investors entitled to own land and property for executives residence, experts, and workers outside Gemopolis
10. Expedited permission to bring in experts and family
11. Permission to remit foreign currency out of the country

This significant benefit obviously helps easing cash-flow, reducing cost, and increasing efficiency.

* The range of time receiving privileges depends in investment decision:

• To relocate production facility into GEMOPOLIS - privileges received 8 years
• To set up new production facility in GEMOPOLIS - privileges received 5 years
• To expand production activities - privileges received 5 years only on the expansion phases

Gemopolis is offering the facilities and infrastructure as below :

• On-site Customs office
• Central strong room / deposit boxes
• Freight forwarders : Brinks, RN Ornament
• Insurance agent : Anglo East
• Commercial bank
• Operating permit service
• Investment consultation service
• Legal advice service
• Gemopolis Training school
• Gemopolis Community Relation Group (Gemopolis Club)
• Central waste water treatment
• 24x7 bounded security
• High-power electric supplies
• High-end communications cables
• Water supplies