TSIC Activity

01302

Plant propagation and other plant propagation

ประกอบกิจการเพาะพันธุ์ ขยายพันธุ์ และจำหน่ายพืช สัตว์ หรือพันธุ์สัตว์น้ำทุกชนิด

What this activity covers

This activity involves the cultivation and propagation of various plants and seeds for further growth and sale.

  • Plant cultivation — Growing plants for propagation
  • Seed propagation — Cultivating seeds for direct planting
  • Cuttings and division — Using cuttings and shoots for plant propagation
  • Air-layering — Propagating plants through air-layering techniques
  • Mushroom cultivation — Growing various types of mushrooms
  • Seedling operations — Activities related to propagating seedlings

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Herb cultivation — Growing and processing herbs
  • Plant breeding — Developing new plant varieties
  • Import/export of plants — Trading plants and seeds internationally
  • Research in agriculture — Conducting agricultural research

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 013

Plant cultivation and propagation business

FBA B.E. 2542, List 3 (20)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.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

277
active companies operate here
฿4.5Bregistered capital, combined
฿2.3B
Sector revenue · 2025
-39% since 2023
฿-735196060
Net profit · 2025
74 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿17.4M Thai

Almost entirely Thai-held — little foreign capital enters here.

2 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

10+66.7%

registrations, YTD

Registered capital

฿4.5B+0.4%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Zoron Biotechnology (Thailand) Co., Ltd.intl฿847.2M
  2. 2A.G. Universal Co., Ltd.฿152.7M
  3. 3Eucalyptus Technology Co., Ltd.฿94.3M
  4. 4Horticue (Thailand) Co., Ltd.intl฿86.4M
  5. 5Advance Ocean Co., Ltd.฿77.3M

Largest by registered capital

  1. 1Green Life Social Enterprise Co., Ltd.Nakhon Nayok฿1.0B
  2. 2Zoron Biotechnology (Thailand) Co., Ltd.intlChachoengsao฿1.0B
  3. 3Nusa CSR Co., Ltd.Bangkok฿435.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

101
Registered
since 2022
88
Still active
13
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 48 in 20222026

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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