Thailand is bouncing back from the devastating floods of 2011 due to large scale fiscal spending, which is creating opportunities for multinationals in the South-East Asian nation. Companies need to evaluate investment opportunities immediately in order to take advantage of government incentives, many of which expire by the end of 2012-14

Multinationals should immediately explore investment opportunities in order to take advantage of favorable tax laws

■ Companies can reap significant cost savings for nearly a decade through government incentive schemes

• Firms affected by the floods are being given 8 years of corporate income tax exemption at 150% of investment value; flood-affected industrial estates are being given the same tax break at 200% of investment
• All firms investing in Thailand will be given incentives depending on their choice of zone