THAILANDSICThailand Standard Industrial Classification

TSIC Activity

84231

Police activities

Definition

Government agencies that carry out primary operations and supporting agencies related to maintaining public order and safety, such as investigation, suppression, crime, forensics, traffic, immigration, border security, firefighting and other specialized agencies, including the provision of equipment and necessities for police work, including vehicles, except for the administration and operations of the army, navy and air force. See subgroup 8422 (National Defense).

Excluded from this code

  • Police Laboratory Operations See Activity 71209
  • Management and operation of military forces. See activity 84220.
  • Flood and other natural disaster prevention services, water and mountain rescue and similar activities carried out by fire brigades and rescue units. See activities 84239.

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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