THAILANDSICThailand Standard Industrial Classification

TSIC Activity

20299

Manufacture of other chemical products, not elsewhere classified

ประกอบกิจการนำเข้า ส่งออก และจำหน่ายกลีเซอรีน (Glycerine) และสารเคมีทุกชนิด ทั้งที่เป็นวัตถุดิบและสำเร็จรูป

Definition

Manufacture of other chemical products such as peptones, their derivatives, other proteins and their derivatives not elsewhere classified, chemically processed oils and fats, textile or leather finishing materials, soldering, brazing and welding powders and pastes, metal plating agents, cement additives, activated carbon, lubricant additives, rubber accelerators, chemical catalysts and other industrial chemical products, anti-knock and anti-freeze agents, chemical substances for laboratory analysis and synthesis, including the manufacture of writing and drawing inks, the manufacture of biodiesel from vegetable oils and animal fats or used oils, including the manufacture of vegetable ethanol, the manufacture of alcohol from cassava.

Excluded from this code

  • Distilled water production, see activity 20113
  • Black Soap Oil Production See Activity 20115
  • Printing Ink Production View Activity 20222
  • Manufacture of perfumes and toilet products See activity 20232
  • Bath Salt Production View Activity 20232
  • Manufacture of asphalt-based adhesives, see activity 23999

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.

234
Registered
since 2022
224
Still active
10
Dissolved
฿2.0M
Median capital
of active

New registrations per year

2022peak 88 in 20242026

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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