THAILANDSICThailand Standard Industrial Classification

TSIC Class

5120

Air Cargo Transport

Definition

The provision of air transport services for cargo, including freight shipments.

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 51

Domestic transportation by land, water or air, including the domestic airline business

Domestic transportation only. International carriage falls outside this item, and sector laws impose their own foreign shareholding caps.

FBA B.E. 2542, List 2, Chapter 1 (2)Routes: Cabinet permission, 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

Browse all

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

23
Registered
since 2022
19
Still active
4
Dissolved

New registrations per year, all sub-codes combined

2022peak 8 in 20242026

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

Activities under 5120

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