TSIC Group
Retail trade not in stores, stalls, or markets
Definition
Retail trade not in stores, stalls, or markets includes activities such as retail sale via e-commerce and retail sale of other goods in non-specialized stores. This category encompasses businesses that operate primarily online or offer a wide range of products without a dedicated storefront.
Foreign ownership
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.
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.
Companies registered since 2022
Browse allNew DBD registrations under this code since 2022, summed across every 5-digit activity beneath it. Not the full historical register.
New registrations per year, all sub-codes combined
Source: DBD new-registration records, 2022 to present.
Classes under 479
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.
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