THAILANDSICThailand Standard Industrial Classification

TSIC Activity

26202

Manufacture of storage devices

Definition

Manufacture of magnetic disk drives, flash drives and other data storage devices; manufacture of optical disk drives such as CD-RW, CD-ROM, DVD-ROM and DVD-RW, including the manufacture of head cleaning devices and data storage media.

Excluded from this code

  • Reproduction of recorded media (computer media, audio, video, etc.) See activity 18200.
  • Manufacture of consumer electronic devices such as CD players and DVD players, see activity 26402
  • Manufacture of optical and magnetic media for use with computers and other devices. See activity 26800.

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.

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