Indium oxide (In<sub>2</sub>O<sub>3</sub>) thin films and thin-film transistors (TFTs) based on the solution process were prepared by pulsed UV-assisted thermal annealing at a low temperature of 200 for 5 min. The effects of pulsed UV-assisted thermal annealing on the surface morphology, chemical structure, and electrical properties of the In<sub>2</sub>O<sub>3</sub> thin films were investigated in comparison with conventional thermal annealing (300, 30 min). The experimental results show that the pulsed UV-assisted thermal annealing method can improve the quality of In<sub>2</sub>O<sub>3</sub> thin films and the performance of TFTs in a short period. Atomic force microscopy (AFM) and field emission scanning electron microscopy (FESEM) results show that the surface of the In<sub>2</sub>O<sub>3</sub> films is denser and flatter than that of the conventional thermally annealed films, and X-ray photoelectron spectroscopy (XPS) tests show that the pulsed UV-assisted thermal annealing process generates oxygen vacancies, which increases the carrier concentration and improves the electrical conductivity of the In<sub>2</sub>O<sub>3</sub> films. In addition, the effect of pulsed UV-assisted thermal annealing on the electrical characteristics of In<sub>2</sub>O<sub>3</sub> TFTs was comparatively investigated. The results showed that the electrical characteristics of the devices are significantly improved, with the subthreshold swing reduced to 0.12 mV·dec<sup>-1</sup>, the threshold voltage is 7.4 V, the current switching ratio is as high as 1.29×10<sup>7</sup>, and the field effect mobility is enhanced to 1.27 cm <sup>2</sup> ·V<sup>-1</sup>s<sup>-1</sup>. Therefore, pulsed UV-assisted thermal annealing is a simple and fast annealing method, which can rapidly improve the performance of In<sub>2</sub>O<sub>3</sub> thin films and TFTs, even under low-temperature conditions.