THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47896

Retail sale via stalls and markets of watches, eyeglasses and jewellery

ประกอบกิจการค้า เครื่องประดับกาย แว่นตา ต่างหู สร้อยคอ สร้อยข้อมือ กำไล แหวน นาฬิกา

What this activity covers

Retail sale of watches, eyeglasses, and jewellery at stalls and markets.

  • Watches — Retail of watches and watch straps
  • Eyeglasses — Retail of eyeglasses and eyewear
  • Jewellery — Retail of genuine and imitation jewellery
  • Stalls and Markets — Sales conducted at stalls and markets

What companies here also do

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

  • Eyewear Accessories — Sale of eyewear cleaning solutions and accessories
  • Jewellery Design — Design of jewellery products
  • Contact Lenses — Sale of contact lens products

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.

82
active companies operate here
฿754.3Mregistered capital, combined
฿3.5B
Sector revenue · 2025
+356% since 2023
฿195.9M
Net profit · 2025
25 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿29.7M Thai

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

New in 2026

14+1300.0%

registrations, YTD

Registered capital

฿754.3M+287.5%

since year-end

Largest by revenue

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

  1. 1TKI Perpetual Co., Ltd.฿2.6B
  2. 2JAROEN VISION CO., LTD.฿186.0M
  3. 3Mor Wisin Optic Co., Ltd.฿157.6M
  4. 4CC Vision Co., Ltd.฿132.1M
  5. 5Incube Co., Ltd.฿91.3M

Largest by registered capital

  1. 1TKI Perpetual Co., Ltd.Bangkok฿500.0M
  2. 2C T D Co., Ltd.Bangkok฿40.0M
  3. 3Rattanaporn Gold Co., Ltd.Phra Nakhon Si Ayutthaya฿30.0M

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.

33
Registered
since 2022
33
Still active
0
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 13 in 20262026

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