THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47221

Retail sale of alcohol beverages in specialized stores

ประกอบกิจการค้า ผัก ผลไม้ หน่อไม้ พริกไทย พืชสวน บุหรี่ ยาเส้น เครื่องดื่ม น้ำดื่ม น้ำแร่ น้ำผลไม้ สุรา เบียร์ อาหารสด อาหารแห้ง อาหารสำเร็จรูป อาหารทะเลบรรจุกระป๋อง เครื่องกระป๋อง เครื่องปรุงรสอาหาร

What this activity covers

This activity involves the retail sale of various alcoholic beverages in specialised stores.

  • Distilled spirits — Retail sale of whiskey, vodka, rum, and similar products
  • Mixed spirits — Retail sale of mixed alcoholic drinks like gin liqueur and special mixed spirits
  • Grape and fruit wines — Retail sale of grape wine and other fruit wines
  • Herbal wines — Retail sale of herbal wines such as black ginger and garcinia cambogia
  • Fermented spirits — Retail sale of sake, sugar wine, and other fermented products
  • Beer — Retail sale of beer, including low-alcohol and non-alcoholic options

What companies here also do

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

  • Non-alcoholic beverages — Retail sale of non-alcoholic drinks alongside alcoholic options
  • Wholesale activities — Engaging in wholesale of alcoholic beverages
  • Import activities — Importing foreign alcoholic beverages for retail

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 47

Retail sale of goods of all kinds, where the aggregate minimum capital or 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 retailer is exempt from this List 3 item (no Foreign Business Licence needed) once registered capital meets the Act's minimum, typically THB 100 million in total and THB 20 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (14)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.

846
active companies operate here
฿3.4Bregistered capital, combined
฿91.4B
Sector revenue · 2025
-13% since 2023
฿701.2M
Net profit · 2025
388 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
8%of new registered capital is foreign-held
฿2.0M foreign฿24.6M Thai

Largely domestic, with some foreign investment.

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

New in 2026

29-30.9%

registrations, YTD

Registered capital

฿3.4B+2.8%

since year-end

Largest by registered capital

  1. 1Siam Winery Trading Plus Co., Ltd.Bangkok฿789.2M
  2. 2Bangkok Beer and Beverage Co., Ltd.Bangkok฿214.0M
  3. 3TTP Supplements Co., Ltd.Pathum Thani฿114.0M

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.

247
Registered
since 2022
220
Still active
27
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 70 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