THAILANDSICThailand Standard Industrial Classification

TSIC Activity

10771

Manufacture of spices and instant curry paste and powder

ประกอบกิจการผลิตเครื่องแกง

Definition

Manufacture of spices, flavorings and food colours made from natural ingredients such as dried chilli, chilli powder, pepper, vanilla, cinnamon and cinnamon flowers, cloves (fruit, flowers and flower stalks), nutmeg, mace and cardamom, cumin seeds, star anise seeds, coriander seeds, caraway seeds, cumin seeds, rice husks and juniper berries, ginger, saffron, turmeric, thyme leaves, bay leaves, shallots and other spices; manufacture of ready-made curry pastes, both fresh, dried or in powder form.

Excluded from this code

  • Cultivation of plants used as spices, see subclass 0128.
  • Production of seasoning sauces, see activity 10773
  • Production of seasoning powder. See activity 10774.
  • Production of various types of ready-made chili pastes, such as Nam Phrik Nork, Nam Phrik Ta Daeng, etc. See activity 10799
  • Manufacture of plant products for pharmaceutical use, see activity 21002

Foreign ownership

Not on the Foreign Business Act restricted lists.

The Foreign Business Act B.E. 2542 (1999) restricts majority foreign ownership only for the activities named in its three annexed Lists. This activity is not among the mappings we hold, so a foreign investor can generally hold up to 100% of the equity, subject to any sector-specific licence and to minimum-capital rules (typically THB 2 million per restricted business, or THB 3 million where a Foreign Business Licence applies).

If an activity is restricted, the routes to foreign majority

  • BOI promotion — the Board of Investment can grant up to 100% foreign ownership for promoted activities, with tax and non-tax incentives.
  • Foreign Business Licence — permission from the Ministry of Commerce to operate a List 2 or List 3 activity as a foreign-majority company.
  • US Treaty of Amity — US nationals may hold majority ownership in most activities, treated as Thai nationals for FBA purposes.

This is general guidance, not legal advice, and mappings are auto-derived. The schedules of the Foreign Business Act B.E. 2542 are the authority; verify against the Act, or ask us to check your specific activity. See the full foreign ownership reference.

See the full foreign ownership reference for all three FBA lists.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

48
Registered
since 2022
41
Still active
7
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 17 in 20232026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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