THAILANDSICThailand Standard Industrial Classification

TSIC Activity

84232

Institute for Justice (Law courts and justice administrative activities)

Definition

Agencies that administer and operate the justice system, such as the Civil Court, Criminal Court, Supreme Court, Court of Appeal, Provincial Court, District Court, Administrative Court, Constitutional Court, Military Court, Juvenile and Family Court, Central Labour Court and similar institutions for justice; representation and legal advice on behalf of the State (Office of the Attorney General).

Excluded from this code

  • Providing advice and legal services in civil, criminal and other cases. See activities 69100
  • Educational activities in prisons, see subcategory 85
  • Hospital activities in prisons View activities 861010

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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