THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46105

Wholesale on a fee or contract basis of industrial machinery

ประกอบกิจการค้า เครื่องจักร เครื่องยนต์ เครื่องมือกล เครื่องทุ่นแรง ยานพาหนะ เครื่องกำเนิดไฟฟ้า เครื่องสูบน้ำ เครื่องบำบัดน้ำเสีย และเครื่องกำจัดขยะ

What this activity covers

Companies engage in wholesale activities of industrial machinery and equipment for various sectors under fee or contract arrangements.

  • Industrial machinery wholesale — Wholesale of machinery and equipment for industrial use
  • Agricultural machinery — Wholesale of machinery used in agriculture, like tractors and harvesters
  • Office machinery — Wholesale of office machinery and equipment, excluding computers
  • Transport equipment — Wholesale of transport equipment, excluding motor vehicles
  • Production line robots — Wholesale of robots used in production lines
  • Machine tools — Wholesale of machine tools and measuring devices
  • Textile machinery — Wholesale of computer-controlled machinery for textiles

What companies here also do

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

  • Import/export services — Importing and exporting various machinery and equipment
  • Repair and maintenance — Repairing and maintaining machinery and equipment
  • Installation services — Installing machinery and related equipment

Not included here

  • Wholesale of computers and peripherals for compensation or contract. See activity 46104.
  • Wholesale of electronic parts and accessories, telephones and communication equipment on a fee or contract basis. See activity 46104.

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 461

Brokerage or agency business, except securities brokerage and agricultural futures trading, brokerage for the purchase and sale of goods or services necessary for production or services amongst affiliated enterprises, brokerage for international trading of domestically manufactured or imported goods, and other categories prescribed in ministerial regulations

The international-trading carve-out is subject to a minimum capital requirement, subject to capital thresholds, verify current figures.

FBA B.E. 2542, List 3 (11)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity
List 3: Restricted, FBL/BOI route availableinherited from 46

Wholesale of goods of all kinds, where the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority wholesaler is exempt from this List 3 item (no Foreign Business Licence needed) once minimum registered capital reaches the Act's threshold, typically THB 100 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (15)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.

1,341
active companies operate here
฿17.5Bregistered capital, combined
฿37.5B
Sector revenue · 2025
+3% since 2023
฿453.0M
Net profit · 2025
583 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
48%of new registered capital is foreign-held
฿75.7M foreign฿82.5M Thai

Foreigners are strongly represented in new investment under this activity.

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

New in 2026

83-22.4%

registrations, YTD

Registered capital

฿17.5B+0.9%

since year-end

Largest by registered capital

  1. 1Blueberg Co., Ltd.Chon Buri฿5.6B
  2. 2World Agricultural Machinery (Thailand) Co., Ltd.Phra Nakhon Si Ayutthaya฿3.5B
  3. 3TPSC (Thailand) Co., Ltd.Bangkok฿1.2B

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.

637
Registered
since 2022
587
Still active
50
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 169 in 20232026

Largest active companies by registered capital

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