THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47300

Retail sale of automotive fuel in specialized stores, stations, and pumps

ประกอบกิจการค้าน้ำมันเชื้อเพลิงและหล่อลื่น ทั้งปลีกและส่ง ผลิตภัณฑ์์อย่างอื่นที่ก่อให้เกิดพลังงานและสถานีบริการน้ำมันเชื้อเพลิง

What this activity covers

Companies in this sector sell automotive fuels and lubricants at specialised stores and service stations.

  • Automotive fuel sales — Retail of fuels for motor vehicles and motorcycles
  • Lubricant products — Retail of lubricants, greases, and cooling products for vehicles
  • Asphalt sales — Retail sale of asphalt products

What companies here also do

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

  • Vehicle repair services — Providing repair services at fuel stations
  • Electric vehicle charging — Offering electric vehicle charging services

Not included here

  • Wholesale of fuels, see sub-category 4661
  • Retail sale of fuels together with food, beverages, etc., with the main sale being food and beverages, see sub-category 4711.
  • Retail sale of cooking gas and liquefied petroleum gas for use in cooking and heating, see sub-category 4773.

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.

8,012
active companies operate here
฿47.6Bregistered capital, combined
฿990.3B
Sector revenue · 2025
-7% since 2023
฿1.6B
Net profit · 2025
4,170 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
34%of new registered capital is foreign-held
฿300.0M foreign฿583.3M Thai

Foreigners are strongly represented in new investment under this activity.

New in 2026

198-6.2%

registrations, YTD

Registered capital

฿47.6B-5.1%

since year-end

Largest by revenue

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

  1. 1Thai Petroleum Corporation Co., Ltd.฿172.6B
  2. 2Bangchak Green Net Co., Ltd.฿34.5B
  3. 3PTT Retail Business Management Co., Ltd.฿32.3B
  4. 4Susco Public Company Limited฿26.9B
  5. 5ATLAS ENERGY PUBLIC CO., LTD.฿10.1B

Largest by registered capital

  1. 1PTT Retail Business Management Co., Ltd.Bangkok฿2.0B
  2. 2Susco Public Company LimitedBangkok฿1.3B
  3. 3P.A. Capital Co., Ltd.Rayong฿1.1B

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.

1,314
Registered
since 2022
1,219
Still active
95
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 345 in 20222026

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