THAILANDSICThailand Standard Industrial Classification

TSIC Activity

20300

Manufacture of man-made fibres

ผลิต ประกอบ นำเข้า ส่งออก จำหน่าย วิจัยและพัฒนา เส้นใยสังเคราะห์ อุตสาหกรรมทอผ้าและสิ่งถักทอ

Definition

Manufacture of synthetic or artificial fibres; Manufacture of synthetic animal hair and animal hair; Manufacture of fibres not brushed, combed or otherwise spun; Manufacture of synthetic and artificial yarns; High tenacity yarn including manufacture of synthetic or artificial monofilament.

Excluded from this code

  • Spinning of synthetic or artificial fibres, see subclass 1311.
  • Manufacture of yarn from man-made fibres of wool, see subclass 1311.

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.

18
Registered
since 2022
18
Still active
0
Dissolved
฿2.0M
Median capital
of active

New registrations per year

2022peak 7 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.

Emerhub

Setting up in Thailand?

Emerhub incorporates companies in Thailand for foreign founders: entity setup, licensing, visas and work permits, accounting. Flat process, no surprises.

Talk to Emerhub Thailand