THAILANDSICThailand Standard Industrial Classification

TSIC Division

47

Retail trade, except of motor vehicles and motorcycles

Definition

Retail trade, except of motor vehicles and motorcycles, encompasses various activities including retail sale in non-specialized stores, specialized stores for food, beverages, and tobacco, as well as automotive fuel. It also includes retail sale of information and communications equipment, household equipment, cultural and recreation goods, and sales via stalls and markets.

Foreign ownership

List 3: Restricted, FBL/BOI route available

Retail sale of goods of all kinds, where the aggregate minimum capital or the minimum capital per store is below the level prescribed in the Act

Sufficiently capitalised retail operations are exempt, subject to capital thresholds, verify current figures.

FBA B.E. 2542, List 3 (14)Routes: Foreign Business Licence, BOI promotion, 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.

Companies registered since 2022

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New DBD registrations under this code since 2022, summed across every 5-digit activity beneath it. Not the full historical register.

44,151
Registered
since 2022
40,053
Still active
4,098
Dissolved

New registrations per year, all sub-codes combined

2016peak 10,629 in 20222026

Source: DBD new-registration records, 2022 to present.

Groups under 47

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