THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47230

Retail sale of tobacco products in specialized stores

ประกอบกิจการจำหน่าย ผลิตภัณฑ์ยาสูบและผลิตภัณฑ์ที่ใช้แทนยาสูบ (ยกเว้นบุหรี่และซิการ์) เช่น ยาเส้น ยาเส้นที่ใช้เคี้ยว ยาเส้นที่ใช้เหน็บ และยานัตถุ์ รวมถึงวัสดุอุปกรณืที่เกี่ยวข้อง

What this activity covers

This activity involves the retail sale of tobacco and tobacco products in specialised stores.

  • Tobacco retail — Sale of tobacco products in specialised stores
  • Specialty shops — Retail in shops dedicated to tobacco products
  • Online tobacco sales — Retail of tobacco products through online platforms
  • Wholesale tobacco — Wholesale distribution of tobacco products
  • Tobacco alternatives — Sale of tobacco substitutes, excluding cigarettes and cigars

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.

90
active companies operate here
฿344.0Mregistered capital, combined
฿5.4B
Sector revenue · 2025
-40% since 2023
฿87.0M
Net profit · 2025
44 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿7.3M Thai

Based on few new registrations this year — read as a rough signal only.

New in 2026

6+20.0%

registrations, YTD

Registered capital

฿344.0M+14.6%

since year-end

Largest by revenue

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

  1. 1EZD One Co., Ltd.฿851.6M
  2. 2Udon P.S.R. Trading Co., Ltd.฿433.8M
  3. 3Srisirisin Lat Krabang Co., Ltd.฿386.9M
  4. 4Thanakornpaisarn EZD฿357.4M
  5. 5Wattanarayong 2019 Co., Ltd.฿299.6M

Largest by registered capital

  1. 1KP Power International Co., Ltd.Bangkok฿60.0M
  2. 2United Products Marketing Co., Ltd.Bangkok฿50.0M
  3. 3Anma International Co., Ltd.Bangkok฿20.0M

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.

20
Registered
since 2022
18
Still active
2
Dissolved
฿2.0M
Median capital
of active

New registrations per year

2022peak 5 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