THAILANDSICThailand Standard Industrial Classification

TSIC Activity

08991

Mining of precious and semi-precious stones

Definition

Mining of precious and semi-precious stones such as untreated diamonds, rubies, topaz, emeralds, jade, etc., including mining of quartz and mica, mining of precious and semi-precious stones.

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 08

Mining, including rock blasting or rock crushing

Mineral concessions are separately governed by the Minerals Act, which carries its own nationality requirements.

FBA B.E. 2542, List 2, Chapter 3 (12)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand