THAILANDSICThailand Standard Industrial Classification

TSIC Activity

49323

Passenger land transport and freight service

ประกอบกิจการขนส่งและขนถ่ายสินค้า และคนโดยสารทั้งทางบก ทางน้ำ ทางอากาศ ทั้งภายในประเทศและระหว่างประเทศ รวมทั้งรับบริการนำของออกจากท่าเรือตามพิธีศุลกากรและการจัดระวางการขนส่งทุกชนิด

What this activity covers

This activity involves transporting and loading goods and passengers by land, without specified routes.

  • Goods transportation — Transporting and loading goods by land
  • Passenger transport — Transporting passengers without specified routes
  • Logistics services — Arranging logistics for goods transportation
  • Cargo handling — Handling cargo during transportation
  • Multi-modal transport — Combining land transport with other modes

What companies here also do

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

  • Water transport — Transporting goods and passengers by water
  • Air transport — Transporting goods and passengers by air
  • International services — Providing transportation services across borders

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 49

Domestic transportation by land, water or air, including the domestic airline business

Domestic transportation only. International carriage falls outside this item, and sector laws impose their own foreign shareholding caps.

FBA B.E. 2542, List 2, Chapter 1 (2)Routes: Cabinet permission, 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.

15,975
active companies operate here
฿66.8Bregistered capital, combined
฿236.3B
Sector revenue · 2025
-20% since 2023
฿8.2B
Net profit · 2025
6,347 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
8%of new registered capital is foreign-held
฿123.5M foreign฿1.3B Thai

Largely domestic, with some foreign investment.

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

New in 2026

1,131-6.1%

registrations, YTD

Registered capital

฿66.8B-1.2%

since year-end

Largest by registered capital

  1. 1RPV International (2018) Co., Ltd.Nonthaburi฿5.9B
  2. 2Two Capital Co., Ltd.Songkhla฿5.3B
  3. 3Khao Yai Commercial Group Co., Ltd.Nakhon Ratchasima฿5.0B

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.

7,123
Registered
since 2022
6,628
Still active
495
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 1,995 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